Category: News & Announcement

ISLAMABAD: The government is moving towards reopening of power tariff agreements with older independent power producers (IPPs) and may engage with their lenders as part of efforts to reduce electricity tariff. The increasing burden of net hydel profit payments to the provinces and reduction of system losses and improving recoveries remain works in progress. A senior official said the terms of reference (TOR) of the technical committee led by Shahzad Qasim, special assistant to the prime minister on mineral resources, set to the IPPs were very comprehensive and seek to…

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Coal consumption fell by 15 percent, down for the sixth year in a row, while renewables edged up by 1 percent. This meant renewables surpassed coal for the first time since at least 1885, a year when Mark Twain published The Adventures of Huckleberry Finn and America’s first skyscraper was erected in Chicago. Electricity generation from coal fell to its lowest level in 42 years in 2019, with the U.S. Energy Information Administration (EIA) forecasting that renewables will eclipse coal as an electricity source this year. On May 21, the…

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LAHORE: Pakistan may take advantage of low spot prices and boost Liquefied Natural Gad (LNG) imports to meet the country’s growing energy demand, said noted businessman and Associated Group chairman Iqbal Z Ahmed while talking to Business Recorder. Iqbal urged the government to ensure utilisation of LNG in the power sector. He said SNGPL and SSGC can secure additional customers by providing LNG to the export industry as well as the CNG sector. He also said despite expressing resolve to take advantage of record low crude oil and liquefied natural gas…

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The World Health Organization (WHO) on Friday announced changes to its guidelines on who should wear a mask during the Covid-19 pandemic and where they should wear it. The new guidance recommends that the general public wear cloth masks made from at least three layers of fabric “on public transport, in shops, or in other confined or crowded environments.” It also says people over 60 or with preexisting conditions should wear medical masks in areas where there’s community transmission of the coronavirus and physical distancing is impossible, and that all workers in clinical settings…

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In a galaxy very, very close to home – this exact one, in fact – Microsoft and Google are taking serious aim at each other’s respective user bases in the browser wars, with the latter introducing yet more adverts to try to persuade Edge fans to join the Chrome side (although Microsoft is equally guilty of being engaged in very similar tactics). Google’s latest effort to promote Chrome at the expense of Microsoft Edge involves embedding an advert in Gmail security alert messages, which are sent when a new login has been…

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