Category: Shortcode

Sindh Minister Announces Solar Panel Distribution for Homes Without Power Supply

Admin
solar-panels

Provincial Minister for Energy, Planning, and Development Syed Nasir Hussain Shah has revealed plans to provide solar panels to households in rural, hilly, and desert areas lacking electricity access. This initiative aims to address the needs of the most marginalized families, aligning with the manifesto and vision of Chairman Bilawal Bhutto Zardari. The Energy Department has initiated practical steps to implement this program, emphasizing the Pakistan Peoples Party’s (PPP) commitment to tangible actions rather than mere claims. Minister Nasir Shah announced the establishment of solar parks across Sindh, including a…

Read More

SNGPL Urges Petroleum Division to Clear Outstanding Dues for RLNG Supply

Admin
Pakistan-LNG

Sui Northern Gas Pipelines Limited (SNGPL) has issued an urgent appeal to the Petroleum Division (PD) for the clearance of its outstanding dues, particularly from the power sector and Sui Southern Gas Company Limited (SSGCL), crucial for ensuring the continuous supply of Liquefied Natural Gas (LNG). The request, outlined in a letter dated March 27, 2024, highlights the financial strain SNGPL is facing due to pending recoveries from the power sector, leading to difficulties in meeting payment obligations to Pakistan State Oil (PSO). The letter reveals that SNGPL has paid…

Read More

Govt to procure 24 LNG cargoes from Gunvor Singapore as demand surges

Admin
Energy-Division

The government currently purchases spot LNG from 23 global companies, including Gunvor Singapore Ltd, through tendering and through long-term contracts from Qatar and Oman Highlights: Gunvor Singapore Pvt Ltd will deliver 24 cargoes of LNG in two years 12 cargoes this year, 12 next year, delivery is subject to demand Govt imported 54 LNG cargoes from spot market from Sept 2021 to Jan 2024 To address surging domestic gas demand, the government has decided to purchase 24 cargoes of liquefied natural gas (LNG) from Gunvor Singapore Pvt Ltd under a…

Read More

Pakistan: Two New World Bank Projects to Support the Digital Economy and Increase Resilience to Floods

Admin
world-bank

WASHINGTON, March 22, 2024—The World Bank’s Board of Executive Directors approved $149.7 million in financing for Pakistan today to support two projects. The Digital Economy Enhancement Project ($78 million)will support the expansion of digitally enabled public services delivery for citizens and firms, while the second Additional Financing for the Sindh Barrages Improvement Project ($71.7 million) will support better resilience to floods and improvements in the reliability, safety, and management of the Sindh barrages*. “The catastrophic floods that hit Pakistan in 2022 were a tragic reminder of the importance to build…

Read More

EAD Urges NTDC to Expedite Dasu Project Construction, Set to Meet End-Dec 2025 Deadline

Admin
Dasu-Dam

The Economic Affairs Division (EAD) has issued directives to the National Transmission and Despatch Company (NTDC) to accelerate construction work on Lot-1, Lot-2, and Lot-3 of the Dasu hydropower project, aiming for completion by the end of December 2025. In a recent meeting chaired by Economic Affairs Minister Ahad Cheema, various stakeholders including the World Bank, ADB, and other agencies discussed the progress and challenges faced by foreign-funded projects. The focus was on addressing delays that hinder disbursements and prolong project timelines. One of the key projects under scrutiny is…

Read More