Category: Highlights

New players eye Pakistan’s growing hybrid, electric vehicles market

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electric-vehicles

ISLAMABAD: As the auto market continues to grow in Pakistan, new players are setting their sights on introducing hybrid as well as electric vehicles (EVs) in the country, and one of the largest automakers has announced its entry into Pakistan. The BYD Group of China has recently announced its entry into the passenger vehicle market in Pakistan in collaboration with Mega Conglomerate Pvt Ltd, the parent company of Hub Power and Haleeb Foods. During a signing ceremony recently held in China, Aly Khan, executive director of Mega, highlighted plans to…

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Sindh preparing policy to produce gas from Thar coal

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coal

KARACHI, April 15 (INP) — The Sindh energy department will prepare a draft policy for production of liquid gas from coal, said Asif Mangi, Deputy Director Sindh Coal Authority (SCA), in an interview with WealthPK. This decision was made in a high-level meeting of Sindh Coal Authority chaired by Sindh Energy and Planning Minister Syed Nasir Hussain Shah recently. SCA consultant Dr Farid A Malik told WealthPK that Thar coal was declared a subject for gasification in the international laboratory of South Africa. He said the meeting was also informed that gas…

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Masdar to Host World Future Energy Summit and Green Hydrogen Summit in UAE

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Future-Energy

Abu Dhabi: Masdar, a leading player in the UAE’s clean energy sector, is gearing up to host the World Future Energy Summit (WFES) and the Green Hydrogen Summit from April 16 to 18 at the Abu Dhabi National Exhibition Centre (ADNEC). This global event focuses on future energy, clean technology, and sustainability, drawing participation from key stakeholders worldwide. The Masdar Pavilion at WFES will be a focal point for innovation, collaboration, and knowledge exchange. It will feature engaging panels and presentations, including forums by Masdar’s initiatives like Y4S (Youth 4…

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Refineries Seek End to Smuggled Petroleum Products to Secure $6 Billion Investment for Upgradation Projects

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oil-refinery

Local refineries in Pakistan are poised to kickstart $5-6 billion investments over the next six years for their upgradation projects, with a key condition: putting an end to the influx of smuggled petroleum products from Iran. This condition is crucial to ensure the viability of the refineries’ expansion plans and the production of Euro-V diesel and petrol. The Oil Companies Advisory Council (OCAC) has raised concerns over the continuous smuggling of petroleum products, which not only impacts revenue for the government but also leads to significant losses for oil marketing…

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How Air Conditioning Costs Could Be Cut Significantly

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sun-streaming

The days of overheating because of the sun streaming through a window might be no more as scientists have figured out a way to make your windows heatproof. It is achieved using a special window coating that blocks infrared light and ultraviolet light, but lets through visible light, according to a new paper in the journal Cell Reports Physical Science. The solution still lets you see everything out of your window but reduces the heat let in to such a degree that it may reduce air-conditioning cooling costs by more than one-third in…

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