The Board of Directors of the Oil & Gas Development Company Limited (OGDCL) convened its meetings on August 10, 2023, and August 17, 2023, and wishes to share the following updates:

ogdcl

Circular Debt Settlement: Several news articles have recently addressed the issue of circular debt settlement. We would like to clarify that, as of this date, we have not received any formal communication from the relevant authorities. Thus, any information in circulation about a settlement plan might be speculative. We encourage stakeholders and the public to rely exclusively on official communications for accurate information.KPD-TAY Compression Project: We are delighted to announce the Board’s approval for hiring the EPCC Contractor for the KPD-TAY compression project. The completion timeframe of the project is…

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WAPDA Hydel generation further improved:WAPDA generates 8158 MW hydel electricity during peak hours

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August 12, 2023: After resumption of power generation from 969 MW-Neelum Jhelum Hydropower Project couple of days ago, electricity generation by WAPDA hydel power stations crossed 8000 MW mark, as WAPDA contributes 8158 MW to the National Grid during peak hours last night. Effective operation and maintenance of WAPDA hydel power stations and better hydrological conditions are the other contributing factors behind this increase in WAPDA hydel generation. Statistics show that Tarbela Hydel Power Station generated 3478 MW, Tarbela 4th Extension 1410 MW, Ghazi Barotha 1450 MW, Neleum Jhelum 798 MW,…

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BAP’s Anwaarul Haq Kakar to be caretaker PM

Anwaarul-Haq

Balochistan Awami Party Senator Anwaarul Haq Kakar has been chosen as the interim prime minister of Pakistan, the Prime Minister’s Office (PMO) said on Saturday. The much-anticipated announcement comes after Prime Minister Shehbaz Sharif and outgoing Opposition Leader in the National Assembly (NA) Raja Riaz reached a consensus over Kakar’s name for the coveted post in a meeting today. According to a press release issued by the PMO, PM Shehbaz and Riaz have sent an advice regarding Kakar’s appointment as the caretaker prime minister to President Alvi. Earlier, in a…

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KUWAITI-BASED ENERTECH HOLDING EXPLORES COLLABORATION WITH K-ELECTRIC IN ACCELERATING GREEN ENERGY TRANSITION.

KUWAITI-BASED

Karachi, August 11, 2023: “Pakistan’s energy landscape is rapidly changing, and clean energy is increasingly taking center stage. At EnerTech Holding, we have been exploring various markets and identifying partners in leading utilities with whom we can collaborate and catalyze the transformation. We’re very pleased to see K-Electric’s ambitions for Karachi and its alignment with the country’s renewable energy vision. We believe that a collaboration which combines EnerTech’s expertise and K-Electric’s legacy can have tremendous implications to accelerate these efforts.” These comments were made by His Excellence Abdallah Al-Mutairi, CEO…

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LONGi’s products have obtained the verification of carbon footprints

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What is a carbon footprint? It generally refers to the total amount of greenhouse gases, either directly or indirectly, emitted from individuals, organizations, activities or products throughout their entire lifecycles. With climate changes becoming the focus of the world, major companies are increasingly concerned about the impact of their carbon footprints on the environment and society. As a global leader in green energy technology, LONGi has also gained widespread recognition for its efforts in controlling carbon emissions with photovoltaic products. Without further ado, let’s take a look at the verification…

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