The division, in a press release issued about the seminar on gas supply issues held recently at the Prime Minister Secretariat, said,”The discourse was very productive and led to suggestions on the way forward for issues pertaining to gas sector of Pakistan.” The seminar witnessed active participation from the Federal Government, parliamentarians, provincial ministers, provincial energy departments, corporate executives and energy experts. In his keynote address, Prime Minister Imran Khan had appreciated the efforts of Minister for Energy Omar Ayub Khan, Special Assistant to the Prime Minister on Petroleum (SAPM) Nadeem Babar and Petroleum Division for holding a thorough debate on gas sector, emphasizing the need to outline…
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France to Invest Over $35 Billion to Boost the Economy Through Renewables
France has announced its plans to invest €100 billion (~$118.4 billion) to retrieve the economy from the damage caused by the COVID-19 pandemic. As part of its ‘France Relance’ (France Relaunching) plan, the government has allocated €30 billion (~$35.51 billion) for the green energy sector. The total impetus of €100 billion is one-third of France’s annual budget, 40% of which would be facilitated through the member states of the European Union until 2026 and would be payable by 2058. The focus would be on the energy renovation of sectors like transport, buildings,…
Read MoreFor nuclear plants operating on thin margins, growing climate risks prompt tough choices
As the single-largest carbon-free source of electricity, nuclear power often plays a big part in plans to decarbonize energy. Many policymakers insist that nuclear must be part of any solution to avoid the worst consequences of climate change over the coming decades. But as the debate over preserving existing nuclear plants and supporting advanced nuclear technologies continues, it is becoming clear that the relationship between nuclear power and climate change is a two-way street: While nuclear’s role in the energy mix can decrease CO2 emissions and thus help governments meet climate goals, consequences…
Read MoreBrewing gas crisis resulting in sleepless nights for investors.
President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the country will witness a serious gas crisis soon which is resulting in sleepless nights for investors. The successive governments have not done enough to balance supply and demand for gas over the last decade which has make crisis part of the winter in the country, he said. Mian Zahid Hussain said that Prime Minister Imran Khan should take steps to hinder crisis in the making as it will…
Read MoreKE admits it experienced ‘cyber incident’, customers may experience disruption
Karachi’s largest electric utility provider K-Electric has said that it experienced an attempted cyber-incident earlier this week. The power company in a statement said all critical customer services including bill payment solutions and 118 call-centre are operational and fully functional, to ensure the integrity of our systems, as a precautionary measure, we have isolated few non-critical services. As such customers may experience some disruption in accessing duplicate bills from the KE website. As an alternate, duplicate bills may be availed from the nearest K-Electric Customer Care Centre. “The KE teams…
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