Category: Highlights

Chinese company to purchase 120MW electricity

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120MW electricity

PESHAWAR: Chinese Investment Company (China Century Steel Mills) has contacted the Khyber Pakhtunkhwa government for purchase of 120 MW cheap hydropower from Chakdara Swat Corridor, showing interest in the energy sector for establishment of steel mills in province. In this connection, a delegation of Chinese investment company “China Century Steel Mills” had a special meeting with the Special Assistant to Chief Minister KP for Energy Engr. Tariq Sadozai in his office. Speaking to delegation, Tariq Sadozai has said that energy sector in province is of great importance and the economy…

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Oil prices advance despite concern over more US tariffs

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opec

LONDON: Oil prices rebounded on Monday despite lingering fears over a potential global trade war after U.S. President Donald Trump’s latest tariff plans, this time targeting steel and aluminium. Brent crude futures were up $1.05, or 1.4%, at $75.71 a barrel by 1301 GMT. U.S. West Texas Intermediate crude added 1.5%, also rising $1.05 to $72.05. Monday’s gains could be down to bargain hunting after the market posted a third consecutive weekly decline last week, pressured by the concerns over global trade. “It’s tariff uncertainty which is the name of…

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Growatt New Energy at the Solar Exhibition: Revolutionizing Solar Solutions in Lahore

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New-growatt2

Growatt New Energy, a globally recognized leader in distributed energy solutions, will participate in the 2025 Solar Exhibition in Lahore, Pakistan on February 20, 2025. At this event, Growatt will showcase its cutting-edge energy storage system products at Booth B-2-01, including the SPM, SPE, and WIT series, designed to meet diverse energy needs through advanced innovation. SPM/SPH Series: IP65 Single-Phase 220Vac Residential Hybrid Storage Inverters The SPM/SPH 8000-10000TL-HU hybrid storage inverters are high-performance IP65-rated single-phase 220Vac solutions, tailored for residential applications. These inverters deliver outstanding performance under various environmental conditions.…

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PM Shehbaz Sharif to Attend World Governments Summit in UAE

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Shahbaz-Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif will undertake a two-day official visit to the United Arab Emirates (UAE) from February 10-11 to participate in the World Governments Summit (WGS) in Dubai. Invited by UAE Vice President, Prime Minister, and Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, the premier will join global leaders, policymakers, and business figures to discuss governance, innovation, and international cooperation. This marks PM Shehbaz Sharif’s second visit to the UAE since assuming office in March 2024. Accompanied by a high-level delegation, including Deputy Prime Minister and…

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Ahsan Iqbal Proposes Global Environment Tax on Polluting Nations

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ahsan-iqbal

ISLAMABAD: Federal Minister for Planning and Development Ahsan Iqbal has urged the United Nations (UN) to impose a ‘global environment tax’ on countries responsible for excessive pollution. Speaking at the Breathe Pakistan International Conference on Friday, Iqbal suggested that funds generated from this tax should support nations disproportionately affected by climate change, particularly those in the Global South. He emphasized Pakistan’s commitment to environmental sustainability, citing the Uraan Pakistan initiative as a key step toward climate resilience. Punjab’s Senior Minister Marriyum Aurangzeb, addressing the conference via video link, stressed the…

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