Category: Shortcode

During the meeting, the minister highlighted the initiatives of his government to enhance the share of renewable energy in the energy mix of Pakistan .The minister has said that the government has completed the repair work of electricity infrastructure in flood affected areas in record time.He informed that all the future energy projects would be renewable energy based.The minister reiterated that Pakistan is keen to develop cleaner and environment friendly sources of energy.He further added that Pakistan is introducing policy of wheeling of electricity which would allow power producers to…

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The counsel for Barrick Gold informed the apex court that if by December 15, 2022, the agreement is not signed between Balochistan and Barrick Gold then Pakistan would have to pay over $9 billion. In 2019, the World Bank’s arbitration tribunal imposed a penalty on Pakistan for unlawful denial of mining. After a decade-long legal battle, Pakistan announced the out-of-court settlement with Barrick Gold in March. Antofagasta agreed to exit the project if Pakistan pays him $900 million. Makhdoom Ali Khan, representing Barrick Gold, stated that after the contract Pakistan…

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October 2022 marked the fifth month in a row, where electricity generation went down year-on-year. Even peak Covid saw the generation go down for no more than three months at a stretch. This is now in FY19 territory, where the economic slowdown led to negligible GDP growth, largely towards the end of fiscal year. Never before or since, has power generation stayed low year-on-year for such a long stretch. Before the pattern emerged, power generation had been growing steadily for 24 straight months, averaging 9 percent year-on-year – much-in-line with…

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The United States Agency for International Development (USAID) and Ministry of Energy, Government of Pakistan on Tuesday launched the first end-consumer mobile application for smart electricity meters at the Multan Electric Power Company (MEPCO) Headquarters in Multan LAHORE, (APP – UrduPoint / Pakistan Point News – 22nd Nov, 2022 ) :The United States Agency for International Development (USAID) and Ministry of Energy, Government of Pakistan on Tuesday launched the first end-consumer mobile application for smart electricity meters at the Multan Electric Power Company (MEPCO) Headquarters in Multan. The application will…

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The building has nine floors housing all offices of Directorate General Petroleum Concession, Directorate General Oil, Directorate General Gas, Directorate General LGS, Directorate General Special Projects and Directorate General Mines and Minerals. In addition, the offices of GHPL, Pakistan LNG Limited, Inter State Gas System, Saindak Metals Limited and LMKR are also in that building. All employees working in these offices avoid using lifts which most of the time remain out of order. Some lifts fall straight from the 8th to 6th floor and to the fourth floor. “The regularly…

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