Saudi Aramco is investing, alongside the country’s sovereign wealth fund and Riyadh-based ACWA Power, in the oil exporter’s largest solar project with a capacity of 1.5 GW as the world’s biggest energy company makes a push into renewables. The Saudi Aramco Power Co., a unit of the parent company, has joined ACWA Power and the Water & Electricity Holding Co., or Badeel, owned by the Public Investment Fund, by acquiring a 30% stake in the special purpose vehicle Sudair One Renewable Energy Co., ACWA Power said in an Aug. 15…
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CPEC to ensure development of Balochistan, country: Sanjrani
Successful completion of the China-Pakistan Economic Corridor (CPEC) projects will bring development and prosperity for Balochistan and the whole nation. Senate Chairman Sadiq Sanjrani expressed these views while addressing a 100-member delegation of students from seven districts of Balochistan here at Parliament House on Sunday. He said that Balochistan is on the path of development and prosperity. “Development of Gwadar is imperative for the prosperity of the country,” he said, adding that the people from all over the country would come to Balochistan for economic activity, and “this province will…
Read MorePakistan calls on Afghan leaders to cooperate and address evolving situation in Afghanistan
The spokesman added that his country constantly affirms that a political solution is “indispensable” to resolving the situation and that Pakistan will continue to play its constructive role in promoting this goal, explaining that Pakistan continues to “closely follow the rapid developments of the situation.” current in Afghanistan. The Taliban announced the end of the war in Afghanistan after seizing the presidential palace in the capital, Kabul yesterday, while a number of foreign countries rushed today to evacuate their citizens amid chaos at the airport, while Afghans are searching for…
Read MoreAdvanced metering system project being delayed
The government’s indecisiveness on the multi-million dollar Advanced Metering Infrastructure (AMI) project has put the investment from Korea Telecom Limited and Kaifa Consortium in jeopardy as top mandarins at the Power Division (PD) and Planning Commission (PC) have so far failed to take a decision about the fate of the project. “The project that was meant to reduce electricity theft and improve recovery through accurate billing, keeping in view the real time data, is being treated between the two ministries like a ping pong ball,” a senior official at the…
Read MoreGoing green without sustainability can do more harm
The colour green, denoting cleanliness and freshness, has been reduced to a buzzword across the country, for projects aiming to counter the challenges of pollution, global warming and climate change registered to affect the atmosphere, public health, livelihood and ultimately the economy. However, the question of sustainability is frequently ignored in such projects. The scenario in the metropolis is no different, with different groups, organisations and people in their individual capacities trying to provide much required “green cover” during the ongoing, country-wide, monsoon season tree plantation. The need for a…
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