To reduce the impact of dollar exchange rate on the electricity cost, the government has decided to ban the import of furnace oil and use locally produced furnace oil for power generation. As per the projections of the Ministry of Energy, for the upcoming summer season,
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Indus Earth Trust (IET), an organisation promoting green energy, has provided a life-changing solution for residents of Ishaq Jokio, a small settlement in the Sindh province of Pakistan. The 19-kilowatt mini-grids powered by solar energy have transformed the lives of people, who have been accustomed to enduring long hours of power cuts during peak consumption in summer.
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Oil & Gas Development Company Limited (OGDCL) and PARCO ink MOU for new projects, as part of business diversification and energy transition strategy.
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Mr. Irfan Iqbal Sheikh, President FPCCI, has apprised that the private-sector in Pakistan is under enormous distress and its investments have dried up due to 21 percent key policy rate; extreme volatility in rupee-dollar parity; consultation-less economic policymaking
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Nippon Energy’s COO and Board of Director, Haris Khan, has approved $100 million financing for 2023, and an investment plan of $1 billion until 2030, to address the energy crisis in Pakistan. The investment is a significant step towards promoting renewable energy solutions in the country and providing sustainable, reliable, and affordable electricity to the people. The energy crisis in Pakistan has been a major challenge, with frequent power outages and a negative impact on the economy and daily life. Nippon Energy’s investment in renewable energy solutions could help to…
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