Unsavoury truths about power tariffs’ – III

Again, this sector also needs to be developed around energy-efficient green building concept if we ever want to solve our energy crises. In an efficient environment, building sector consumes about 40% of total energy and in our poorly-designed building environment, we waste too much energy and there is no attempt to follow even the essential requirements of Pakistan Building Energy Code. How can the government allow any building project without enforcing the Energy Code? Another misperception in green concept is that trees “convert” carbon di oxide to oxygen? In reality,…

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Ban slapped on sale of land for Balakot power project

MANSEHRA: The district administration has imposed Section 4 of the Land Acquisition Act, 1894, banning the sale, purchase and transfer of land to be acquired for the Balakot hydropower project. “We have already met all legal formalities to acquire over 1,700 kanals of land for the Rs85 billion Balakot power project in Kaghan valley and this process will be completed shortly,” deputy commissioner Dr Qasim Ali Khan told energy minister Himayatullah Khan here on Tuesday. Led by the minister and having energy secretary Mohammad Zubair as member, a delegation of…

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SPL posts loss after tax of Rs4,821m for FY2020

shell

KARACHI: The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31, 2020. The company posted a loss after tax of Rs 4,821 million for 2020 compared to the loss of Rs 1,485 million in 2019. The second half of 2020 saw significant recovery with a profit after tax in comparison to a very tough first half of the year primarily affected by the global pandemic resulting in declining fuels market and volatility in the international oil prices. Shell Pakistan recognises the government’s…

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K-2 achieves criticality

ISLAMABAD: The Pakistan Atomic Energy Commission (PAEC) on Tuesday announced it had achieved criticality of its 1,100MW nuclear power station in Karachi, one of the two major nuclear plants in the city. The commission said the 1,100MW plant, called K-2, would go through certain safety tests and procedures before it is connected to the national grid by the end of March. K-2 is one of the two similar under-construction nuclear power plants (NPPs) located near Karachi and will be inaugurated for commercial operation by the end of May this year.…

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NEECA to provide knowledge on energy efficiency, conservation

The National Energy Efficiency and Conservation Authority (NEECA) can help improve existing boilers and provide sufficient knowledge regarding energy efficiency and conservation. This was stated by participants at a webinar hosted by NEECA on Industrial Boilers’ best practices for Efficient Operations. The webinar was intended to open the platform for Industrial associations, policymakers, new technology, and concerned stakeholders, for generating the debate on Energy efficiency-related interventions in Pakistan. The objective of the discussion was to gauge and influence the interest of the manufacturers to help in promoting energy efficiency &…

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