Category: Recent Post

The climate change ministry is pursuing a multi-pronged policy to increase the share of renewable energy up to sixty percent in the national economy by 2030. According to the data shared by the ministry, it achieved early successes when it convinced the government to remove the cap on solar energy share in the national grid, shelve the policy of importing coal and introduce electric vehicle policy. The data showed that renewable energy technologies would be fully deployed so they provide a higher targeted proportion of the national energy supply mix,…

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The Pakistan Industrial and Traders Association Front Chairman Mian Nauman Kabir on Sunday rejected the government’s plan of imposing additional taxes of billions of rupees in the upcoming federal budget 2021-22, besides withdrawing duties and tax exemption of about Rs360 billion, leading to a new wave of inflation in the country. The PIAF Chairman, in a joint statement with vice chairman Javed Siddiqi, said that that the regular attempt of economic managers to impose new taxes and increasing oil prices along with the hike in power and gas tariffs will…

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The state-run Oil and Gas Development Company Limited (OGDCL) has complained to the government over unfair treatment of liquefied petroleum gas (LPG) business of domestic producers against the imported commodity and demanded a level playing field. The OGDCL has reported to the government that serious challenges of LPG supply and uplifting are being faced by the domestic LPG producers due to subsidised LPG imports and their requests over the last five months were not being heeded to. In a letter to Petroleum Secretary Mian Asad Hayau-ud-Din, OGDCL Managing Director Shahid…

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Pakistan has immense potential for generating electricity through solar power. Almost all parts of the South Asian country are dry and hot, barring a few areas in the northwest. However, the country currently only produces a meager 1.16% of its electricity through solar power and 64% with fossil fuels. Other electricity sources include hydropower at 27% and nuclear at 5%. Renewable energy sources count for only 4% of total electricity production. Despite being located in a region severely affected by climate change, Pakistan continues to invest in environmentally unfriendly methods…

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Suki Kinari (SK) Hydropower Project in Khyber-Pakhtunkhwa (K-P) achieved the second-stage river closure on Friday, entering a new phase of its dam construction. The successful cut of the Kunhar River’s main riverbed with the river being diverted to spillway is to create free-from-water working areas for construction of concrete dam of the power station under the China-Pakistan Economic Corridor (CPEC), located in the Mansehra district of K-P. In a tweet, CPEC Authority Chairman Lt Gen (retd) Asim Saleem Bajwa has said that 60 per cent work of the Suki Kinari…

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