Category: Recent Post

Sindh Chief Minister has approved Phase-III Coal Mine expansion project in Thar at an estimated cost of Rs15.8 billion to excavate 12.2 Mt coal per annum which is bound to save $420 million forex annually against the imported coal.“The third phase would reduce coal price to $27 per ton, making it the cheapest base load fuel in the country and Central Power Purchasing Agency (CPPA) basket tariff would reduce by Rs0.49/kwh to Rs15.05/kwh by saving consumers Rs60 billion annual and top of it the Sindh government would earn Rs10 billion…

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Islamabad: Today, 100 trees were planted in Islamabad by the Private Power and Infrastructure Board (PPIB) to follow the vision of the Prime Minister of Pakistan for creating a positive image of the country by making it clean and green. The Managing Director PPIB Mr. Shah Jahan Mirza inaugurated the event by planting a tree and thereafter all the PPIB senior officials fully participated in planting the 100 trees which include peach, citrus, guava and plum trees. The initiative was supported by the Capital Development Authority by providing logistic support.MD…

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Oil and Gas Development Company Limited (OGDCL) on Thursday announced the discovery of a gas reservoir in Kohlu District of Balochistan. In a statement, the OGDCL said it had made a gas discovery at Jandran West X-1 well which is located in Kohlu District, Balochistan Province, Pakistan. Jandran West X-1 well was spudded in on 19th May 2021 as an exploratory well and drilled down to a total depth of 1627m into Parh Formation. Based on the good gas shows during drilling, interpretation of open hole logs data, Drill Stem…

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The government is set to increase the local gas tariff by 10-22 percent by November 1, 2021 as per the undertaking extended to the IMF. The Fund wants the government to reduce the circular debt in local gas sector, which has risen to Rs554 billion. In case the amount of Rs104 billion is added, which has not been recovered from domestic consumers against the use of costly RLNG in the last three years, then the total circular debt stands at Rs658 billion as of today. If the government, because of…

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Awaidha Murshed Al Marar, Chairman of the Abu Dhabi Department of Energy (DoE), has said that the energy sector in the Emirate of Abu Dhabi is moving towards developing its potential, thanks to the support and directives of the wise leadership. “We aim to increase the efficiency of the energy system, secure the supplies, and contribute to preserving the environment in a way that will help achieve sustainable development goals and provide further opportunities in support of the national economy,” he added. In a statement to mark the World Energy…

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