Islamabad, November 18, 2020: The Ministry of Energy (Petroleum Division) of Pakistan and Ministry of Energy of the Russian Federation held first Russia-Pakistan Technical Committee meeting from 16th to 18th November 2020 in Islamabad on mutual cooperation for the development of North South Gas Pipeline Project. The project is a flagship strategic venture between the institutions of Pakistan and Russia which shall strengthen the long term bilateral ties between Pakistan and Russian Federation through people-to-people contact. The Project will begin a new era of economic cooperation between Pakistan and Russian…
Read MoreCategory: Recent Post
Powering Pakistan from the heart of the desert
Pakistan aims to ensure energy independence by leveraging its own natural resources. Hitachi ABB Power Grids will provide 550-kilovolt (kV) gas-insulated switchgear (GIS) to power generation equipment manufacturer Shanghai Electric. The Thar Block-1 project comprises two power plants with the capacity to generate 1,320 megawatts (MW) of electricity to the national grid. Hitachi ABB Power Grids’ high-voltage compact metal encapsulated GIS offers outstanding reliability and operational safety in challenging climatic conditions. The GIS is an important component of a major energy project as part of the China-Pakistan Economic Corridor (CPEC),…
Read MorePetroleum Division looks to split gas utilities
ISLAMABAD: With imported gas burdening state-run gas utilities, the Petroleum Division is now seeking the go-ahead from the Cabinet Committee on Energy (CCoE) for appointing a transaction adviser to split the utilities facing higher losses on account of unaccounted for gas (UFG). Sui Northern Gas Pipelines (SNGPL) and Sui Southern Gas Company (SSGC) are facing UFG of 11-17%, which is much higher than international standards. According to the Petroleum Division, the two companies face a cumulative loss of Rs50 billion every year due to theft and gas leakage. Now, the…
Read MorePower Mapping brings Rapid Reliable Energy to Rural Communities
Mapillary is teaming up with YouthMappers, researchers at Arizona State University, the OSM chapter in Sierra Leone, and other partners to map fundamental spatial features that speed up efforts to design and install mini-grids in rural areas. By understanding settlement patterns, road networks, and existing electrical grid infrastructure, the team can speed up and scale up approaches to design mini-grids for rural electrification. Sierra Leone, on the coast of West Africa, has a vast landscape connected by many roads leading to communities where most of the country’s population reside. Access…
Read MoreHoles in budgeted, authorised and actual development spending
When an economy takes a downturn, private investors and bankers tend to avoid much of the business risks thus the government’s development spending serves as a stimulus for economic growth and creates jobs. The capital spending on social and physical infrastructure also provides the private sector with business opportunities. However, according to the latest reported update issued by the Ministry of Finance, the government’s capacity to undertake development programmes seems to be shrinking not expanding though coronavirus/lockdown may be partially but not wholly responsible. Issues limiting development spending range from…
Read More