In the latest ranking, Karachi has been placed on the list of 10 least liveable cities in the world. The Pakistan’s financial hub was ranked at 7th position while Bangladesh capital Dhaka was put at 4th. As per the 2021 edition of The Economist Intelligence Unit’s (EIU) Global Liveability Ranking, Damascus remains the world’s least liveable city. With an average score of 68.6, cities in the Asia-Pacific region scored below the average of 73.09 recorded before the pandemic began. In most liveable cities “Auckland rose to the top of the…
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Wind turbine giant Siemens Gamesa lays out plan to drive down cost of ‘green’ hydrogen
o-called “green” hydrogen production using onshore wind turbines could achieve price parity with fossil-based hydrogen by the year 2030, according to a white paper from Siemens Gamesa Renewable Energy. In a statement on Wednesday the firm — a major player in wind turbines — also said that green hydrogen produced using wind from the offshore sector could achieve price parity by 2035. The above scenarios were dependent on having “appropriate policy frameworks and market mechanisms in place,” the statement said. Siemens Gamesa’s white paper outlines four key areas to help…
Read MorePeople of Karachi agonised by power cuts, Sindh energy minister tells Nepra
Sindh Energy Minister Imtiaz Shaikh has blamed the K-Electric (KE) for power outages in the city, saying that load-shedding has agonised the lives of the people of Karachi. He stated this on Friday as he participated via video-link in a meeting chaired by the National Electric Power Regulatory Authority (Nepra) chairman and attended by the chief executive officers of various power distribution companies and general public. The Sindh energy minister said hours-long power cuts on a frequent basis were no more tolerable by the people of Sindh. He said the…
Read MoreSubsidy for various sectors increased by 226.31pc to Rs682 bn
The government has increased the allocation in the head of subsidy by 226.31 percent for various sectors for the next budgetary year, to Rs682 billion from Rs209 billion allocated for the outgoing fiscal. For the power sector, the allocation of subsidy has increased by 329.24 percent to Rs596 billion from Rs139.5 billion. Out of Rs596 billion, the amount of Rs245 billion has been allocated as subsidy for WAPDA/PEPCO, up by 90 percent if compared with subsidy of Rs129 billion earmarked for the outgoing financial year. An amount of Rs85 billion…
Read MoreNo forced load shedding in country during last 12 hours: Hammad Azhar
Federal Minister for Energy Hammad Azhar on Friday shared that there has been zero forced load shedding in the country during the last 12 hours. Taking to Twitter to share the details on power supply in the country, Hammad Azhar said that 1500 megawatt electricity was added in the last 48 hours to the national grid while more would be added today. On June 3, Federal Minister for Energy Hammad Azhar said K-Electric has been provided 200 more megawatts of electricity to rid Karachiites of power cuts. In a message…
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