Category: Recent Post

The Cabinet Committee on Energy (CCOE) is likely to approve transfer of shares of Guddu and Nandipur power plants with management control to Pakistan State Oil (PSO) under an equity swap arrangement to clear circular debt. Sources told The Express Tribune that a deal would be struck to cover PSO’s receivables from the two power plants. They said that the Cabinet Committee on Privatisation (CCOP) had given directives for placing a summary before the cabinet body on energy for formal approval. PSO was supplying fuel to the two power plants.…

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ISLAMABAD: Prime Minister Imran Khan Monday said that by 2030 the country’s 60 percent energy mix would be shifted to clean electricity production through solar, wind, and hydro power. The premier, in a letter to Crown Prince Muhammad bin Salman, not only expressed his delight over the Kingdom’s plan for launching “Saudi Green Initiative plantation of 10 billion trees in the Kingdom” but also shared experience of the provincial government of planting one billion trees from 2014-18. After successfully planting one billion trees from 2014 to 2018, “10 Billion Tree…

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Sindh Transport Minister Syed Owais Shah, on Tuesday launched the country’s maiden electric bus in Karachi. Speaking to the media after the launching ceremony, he said more electric buses will be brought to the city’s roads in cooperation with the private sector. As many as 100 electric buses will hit the road by the end of this year, he announced. Minister for Science and Technology Fawad Chaudhry took to Twitter to congratulate the Sindh government, specially Chief Minister Murad Ali Shah and his ministry, on their “remarkable step to add…

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About one third of the world’s agricultural land is at high risk from pesticide pollution, a new study has found. The research, published in Nature Geoscience Monday, looked at the use and spread of 92 active pesticide ingredients in 168 countries. They considered an area at risk if the concentration of a chemical exceeded the limit at which it would have no effect, and at high risk if that concentration exceeded the limit by a factor of 1,000. “Our study has revealed 64 percent of the world’s arable land is at risk of pesticide pollution,” University of Sydney…

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MANILA, PHILIPPINES (30 March 2021) — The Asian Development Bank (ADB) has approved a $300 million loan to finance the construction of a 300-megawatt hydropower plant that will increase the share of clean energy in Pakistan and improve the country’s energy security. The plant will add 1,143 gigawatt-hours of clean energy annually to the country’s energy mix, enhancing the energy sector’s reliability and sustainability. The plant, which will incorporate seismic strengthening and climate-proofing measures, will be built on the Kunhar river near Balakot City in Khyber Pakhtunkhwa Province and commissioned…

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