Chauhan further said that the PML-N had abused the country by banning renewable energy during the last two years of its tenure and doled out billions of rupees in the form of commissions for expensive power projects running on imported fuel. He said that the current government, under the wise leadership of Prime Minister Imran Khan, has thus far started work on 10870 MW hydel power projects while work on Naya Pakistan Solarization Program is underway on war footings. He said that 15,000 primary schools and 2,400 primary health centres…
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Pakistan’s K2 nuclear reactor using Chinese technology completes thermal testing
China National Nuclear Corporation (CNNC) said that the K2 unit at the Karachi Nuclear Power Plant in Pakistan has successfully completed Hot Functional Tests (HFT). The power plant is the first overseas unit using China’s homegrown Hualong One technology. The tests have laid a solid foundation for subsequent major processes, including nuclear fuel loading and grid-connected power generation, China Global Television Network (CGTN) reported on Sunday quoting a CNNC official. HFT plays a significant role in the construction of the nuclear power project, simulating the actual operating conditions of the…
Read MoreThe oil and gas players positioning for a post-COVID recovery with high-impact drilling
The oil and gas sector has not had it easy this year thanks to the COVID-19 pandemic and the resulting travel restrictions and impact on international travel. Oil prices have struggled to break past the $US45 ($62) per barrel mark and have in fact slipped below $US40 per barrel this week thanks to bearish news from world financial markets. Russia expects global oil demand to decline by between 9 million barrels per day (MMbpd) and 10MMbpd this year, a bigger drop than the 8.1MMbpd estimate put forward by the International Energy Agency…
Read MoreNeeca all set to start audits of textile CPPs
ISLAMABAD: The National Energy Efficiency and Conservation Authority (Neeca) is all set to start energy audits of Captive Power Plants (CPPs) of textile sector in the light of a decision of the Cabinet Committee on Energy (CCoE). Neeca- an arm of the Power Division has sent letters to all the CPPs, conveying them to be ready for their energy audit as the efficiency of most of the plants was below 50 per cent. A couple of months ago, the CCoE directed the Petroleum Division to revise efficiency benchmarks of the…
Read MoreRevised Electricity Tariff Agreement With IPPs To Facilitate Masses By Offering Cheap Electricity: FM Qureshi
MULTAN, (APP – UrduPoint / Pakistan Point News – 6th Sep, 2020 ) :Foreign Minister Makhdoom Shah Mahmood Hussain Qureshi said that revised agreements with Independent Power Plants on new tariff of electricity would surely facilitate masses. The agreements are almost in final stages and its fruit would be shifted toward masses soon, stated Foreign Minister while laying ground breaking of 132KV grid station at Fatima Jinnah Town, here on Sunday. Foreign Minister observed that the incumbent government of Pakistan Tehreek e Insaf engaged IPPs for revising the electricity tariff. When there will be low tariff, it will surely put break on increasing electricity bills…
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