Category: News & Announcement

The Metro-BII Renewables joint venture aims to add 500 megawatts (MW) low-cost renewable power to Pakistan in the medium term, increasing jobs and expanding economic opportunities • The joint venture will mitigate Pakistan’s carbon emissions, cutting 728,000 tonnes of carbon dioxide per year for the planet • Investment aligns with CDC’s ambition to invest over £3 billion of climate finance over the next five years CDC Group (soon to become British International Investment – BII) and Gul Ahmed Metro Group (GAM), are today announcing their partnership to form the Metro-BII…

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The Sui Southern Gas Company (SSGC) has reported a further drop of 40 million cubic feet per day (mmcfd) of gas in its system from two production fields, widening the gap between the demand and supply of the fuel in the current winter season to over 300mmcfd on Saturday. “SSGC is facing a cumulative drop of 40mmcfd from Bhit and Sawan gas fields since Saturday morning due to technical faults,” SSGC reported on Saturday. “The drop has badly affected the SSGC (supply) systems.” The decline occurred at a time when…

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SHAKING off last year’s haunting images of human misery around them, Pakistanis remained true to their elements and refused to surrender to despair. Be they images of makeshift crematoriums in India at the height of Covid outbreak in June, or those of Afghans, desperate to leave the country after the Taliban takeover, falling to death on the tarmac of Kabul airport from exiting US planes in August, Pakistanis continued their fight to beat the odds. It is some audacity on their part to not just live on but to expect…

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As winters go deep, the all-so-familiar natural gas crisis goes deeper. People are struggling to meet the heating requirements across the country. The national pipeline network serves no less than 12 million households. Save for two to three months of trouble, where some may have to rush for alternate arrangements to piped gas – natural gas to these 12 million households is largely a smooth affair. And more importantly, a very cheap one. The other two-third of the households in Pakistan do not have the luxury to piped gas. While…

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The recently announced World Economic Forum’s Energy Transition Index 2021 has ranked Denmark, Finland and the United Kingdom among the top 10 countries that are well on their way to transition from fossil-based energy mix of oil, natural gas and coal to renewable energy sources like wind, biogas, biomass, solar and renewable battery technology. The 50 top-ranking nations in this category are mostly European countries. In the process many of these nations have already reached the mark to provide their consumers a reliable, environment-friendly and cost-effective source of energy while…

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