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The Sargento Aldea arrived at the research station on 27 November and sailed back to Chile on 10 December. Three of its crew tested positive upon their return to the Chilean naval base in Talcahuano. Chile’s navy said all of those who had embarked on the trip to the Antarctic had been given PCR tests and all the results had been negative. The Bernardo O’Higgins research station is one of four permanent bases which Chile has in the Antarctic and is operated by the army. Chile is the sixth worst-affected…

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Islamabad: There was a broad consensus among key stakeholders during a consultative meeting on the need for checking coal-based power generation in the country and diverting 60 per cent of the total energy mix to renewable energy by 2030. The meeting was held at the Institute of Policy Studies to discuss IPS study on ‘barriers surrounding distributed generation’ with IPS executive president Khalid Rahman in the chair. The event was moderated by former water and power secretary Mirza Hamid Hasan and addressed by Asad Mehmood of the National Energy Efficiency…

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ISLAMABAD: The Economic Coordination Committee (ECC) is set to allow the Water and Power Development Authority (Wapda) to float Eurobonds in the global market for raising $500 million to meet foreign financing needs for Mohmand and Diamer-Bhasha dam projects. Sources told The Express Tribune that the Ministry of Water Resources had tabled a summary before the ECC, seeking approval to allow Wapda to issue Eurobonds. Official sources said that Wapda needed a total of $2.1 billion in foreign financing. Initially, Wapda plans to issue Eurobonds to generate $500 million to…

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The businesscommunity has rejected the increase in prescribed gas pricesas well as petroleum prices, Presidential Candidate of Businessmen Panel (BMP) Nasser Hayat Magoon, in a press release issued on Tuesday, said that the present government was adding to the miseries in the life of common man by its negligence to resolve the public issues. “The inadequate supply of gas to domestic users in winter season keeps them far from the cup of tea.” He said that if the incumbent governmenthad imported the LNG on time than the situation has not…

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ISLAMABAD: The wholesale electricity market in Pakistan appears to be a pipedream as the government first needs to strengthen the transmission and distribution infrastructure to achieve this target. This was the crux of a webinar organized by the National Electric Power Regulatory Authority (Nepra) on Tuesday. However, the representatives of key stakeholders like Discos and generation companies were not visibly present during the webinar. The main concern of the power sector was resolution of circular debt issue, which has choked the entire chain, but has not been addressed in the…

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