Category: Highlights

Meta Seeks Nuclear Power Developers to Meet AI and Environmental Goals

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Meta-Project

Meta, the tech giant, is inviting proposals from nuclear power developers to add 1 to 4 gigawatts of U.S. nuclear generation capacity by the early 2030s. This move aligns with the company’s efforts to address rising electricity demand for artificial intelligence and environmental sustainability. “Nuclear energy will play a pivotal role in transitioning to a cleaner, more reliable, and diversified electric grid,” Meta stated. The company’s initiative reflects broader trends, with U.S. data center power demand projected to triple by 2030, requiring 47 gigawatts of new generation capacity, according to…

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KE Cuts Power to Railways Over Unpaid Bills; Railways Cites Rs70 Billion in Dues

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K-Electric

KARACHI: The power utility company, K-Electric (KE), disconnected electricity to Pakistan Railways (PR) on Tuesday over unpaid bills amounting to Rs430 million since May 2024, disrupting key operations, including the online ticketing and signal systems for 38 daily passenger trains from Karachi. In its statement, KE stressed the unsustainability of continuing supply without payment and highlighted repeated defaults despite prior accommodations. “Notices and disconnections have been issued before, but undertakings by railway authorities to clear dues and pay monthly bills have been consistently dishonored,” KE stated. The utility warned that…

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Pakistan-Türkiye Celebrate 77 Years of Diplomatic Ties in Ankara

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Pakistan-Turkiye

Ankara, Türkiye – A celebratory event was held at Pakistan House in Ankara to mark the 77th anniversary of diplomatic relations between Pakistan and Türkiye. The occasion was graced by prominent Turkish leaders, including Former Foreign Minister and Member of Parliament Mevlut Cavusoglu, Chairperson of the Human Rights Investigation Commission of the Turkish Parliament MP Derya Yanik, Former Deputy Prime Minister Recep Akdag, MP Burhan Kayaturk, and dignitaries from academia, business, and media sectors. Strengthening a Historic BondSpeaking at the event, Former Turkish Foreign Minister Mevlut Cavusoglu lauded the enduring…

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Thar Coal produces affordable electricity, but transmission challenges hold back the promise of low-cost power: Murad Shah.

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Thar-Coal

Thar coal produces power for Rs 4.8/KWh compared to imported coal at Rs 19.5/ KWh KARACHI (Dec 2): Sindh Chief Minister Syed Murad Ali Shah stated that Thar Coal is the most affordable source of electricity generation in the country, however, due to transmission constraints, there are instances when the delivery of this inexpensive power is hindered, preventing the full potential of Thar Coal from being realised. “Since 2019, 27000 GWh of electricity has been generated from Thar Coal Block-II at a significantly lower fuel price of Rs 4.8 per…

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Govt to transit major coal power plants to Thar coal

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coal power plants

Aimed to reduce energy costs and reliance on imported coal, the federal government has decided to shift the coal-based power plants at Jamshoro, Thal, and Sahiwal to utilize locally sourced Thar coal. The decision was finalized during the 28th meeting of the Thar Coal and Energy Board, chaired by Sindh Chief Minister Syed Murad Ali Shah. Key federal and provincial officials, including Energy Minister Nasir Hussain Shah and Federal Finance Minister Senator Aurangzeb, participated in the meeting. The Sindh Chief Minister highlighted that electricity from Thar coal costs just Rs…

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