CNG sector may collapse this winters, I deem. In hindsight, it was a very a foolish decision to introduce CNG. Though we have the infrastructure but we are short to the market, where are the supplies. Had UGDC given go ahead earlier they signed very good deal with ExxonMobil. Lost opportunity
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The National Electric Power Regulatory Authority (Nepra) has issued a total of 8,417 net-metering licences with the accumulated capacity of 146MW during FY21. The growth of distributed generation in Pakistan reveals a very steep positive trend line; from 1MW in 2016 to 3MW in 2017, 10MW in 2018 and then a sudden big jump in 2019 with the addition of 32MW, registering a growth of 220 per cent from 2018/19. “There has been a growing trend for net-metering, as well as distributed generation through solar plants for [the] sale to…
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The Lahore Chamber of Commerce & Industry on Saturday urged the State Bank of Pakistan to make appropriate market interventions to stop the dollar flight as it is adversely impacting a number of important sectors of our economy. In a statement, President of the Lahore Chamber of Commerce & Industry Mian Nauman Kabir, Senior Vice President Mian Rehman Aziz Chan and Vice President Haris Ateeq said that Pak-rupee fall has far-reaching implications including increasing the cost of production and inflationary pressure. They said that the local industry is dependent on…
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British High Commissioner Dr Christian Turner has been visiting Karachi to launch the race to get 26 companies operating in Pakistan to commit to net zero emissions by 2050. So far 12 companies in Pakistan are committed – including one after meeting the High Commissioner on his visit. With one month to go until the COP 26 global climate change conference hosted in the UK, the UK Government is looking for more to take the leap. Globally more than 3,000 companies have signed up. The High Commissioner’s visit was part…
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Capital is inherently craven and it’s cowardice is evident from the fact that it is only drawn to places where there is the clarity of law, where the society and the rulers rest on a body of law, where there is accountability on behalf of the government. Capital in this globalised world…will go to where it is going to be safe, it will flee from corruption, bad policies, societies and nations that remain rooted in a past system of corruption and flawed policies. The government would have to concentrate on…
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