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Pakistan will ensure renewable energy makes up 60 percent of its total mix and 30 percent of all transport will be shifted to electric vehicles by 2030, the country’s Prime Minister has confirmed. Speaking at the Middle East Green Initiative Summit in Riyadh, Imran Khan talked up the initiatives Pakistan has already taken to develop clean energy as he climate change is one of humanity’s “biggest crises”. He said Pakistan is in the list of 10 most vulnerable countries in the world due to climate change, and in the last 10 years,…

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Over 104 Chinese companies will take part in the three-day Pakistan Industrial Expo 2021 to be held at the Royal Palm Golf & Country Club from October 29, said Chris Zhu, the head of the firm organising the expo, at a press conference on Monday. He said that around 400 Chinese companies were to attend the fifth edition of the Pakistan Industrial Expo but the number was reduced because of Covid-19 restrictions and unavailability of space for such a large number of companies. He said the Johar Town Expo Centre…

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There have been numerous mentions in the last three years of the mounting level of inflation in the country in public forums, countless meetings and multiple tweets by Prime Minister Imran Khan and myriad notices have been taken by him on the massive price hike and vows made to curb the menace. But the net result of all this has been the opposite – a steady spiral in the prices of essential commodities and the cost of living, which has hit everyone barring the well-heeled exceptions. There has been abundant…

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Islamabad: 1st International Conference on Pakistan Hydropower Sector to be held tomorrow (October 27th) at Local Hotel in Islamabad to discuss more opportunities to produce cheap and clean energy from hydro sector as currently country is producing 9000MW from hydro power sector.The Energy Update in collaboration with Private Power Board Infrastructure (PPIB) is organizing the conference to be participated by energy experts from within and outside the country. Chairman organizing committee Naeem Qureshi said in a statement that the conference is being organized to discuss on progress Pakistan and adjoining…

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Pakistan is in discussions with China to revise contracts and reduce payments for power plants sponsored by the Belt and Road Initiative, Asad Umar, the South Asian nation’s planning minister, said in an interview. Pakistan is speaking directly to the Chinese government, as opposed to individual companies, Umar said NOTE: An enormous build-out of Chinese-financed power plants in Pakistan, which was originally intended to solve its electricity shortages, has resulted in a surplus that Islamabad isn’t able to afford READ: Feb. 10, Pakistan to Seek Debt Relief From China Belt and Road…

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