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Recently, C&D Clean Energy has announced a partnership with Integra Solar for panel supply chain services. According to a signed memorandum of understanding, C&D Clean Energy will provide Integra Pakistan with integrated supply chain services of 100MW solar modules in 2022. “Integra’s value concept is to write the earth’s green future by choosing high-quality products, and we are in line with C&D Clean Energy on this point,” commented Integra Solar Pakistan CEO Mahmood Tahir. “We are honoured to find a global supply chain partner like C&D Clean Energy, a Fortune…

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Construction sector is estimated to expand by a staggering 92 percent in seven years from Rs1,409 billion in FY2021 to Rs2,706 billion by FY2029, at an annual rate of 11.8 percent, mainly on the strength of infrastructure and housing projects, a report said on Saturday. According to a study released by Pakistan Credit Rating Agency (PACRA), the sector’s contribution to the Gross Domestic Product (GDP) of Pakistan in FY2021 stood at Rs1,409 billion, compared to Rs1,231 billion in FY2020. In FY2021, it registered a growth of 14.4 percent year-on-year, while…

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K-Electric (KE) is reportedly reluctant to accept RLNG price being supplied to it by Pakistan LNG Limited (PLL), well informed sources told Business Recorder. On March 9, 2022, KE wrote a letter to the Federal Government on this issue and conveyed its viewpoint on the pricing mechanism of RLNG. On the basis of KE letter Oil and Gas Regulatory Authority (OGRA) has been asked by the Government of Pakistan to determine the price of RLNG supplied by PLL to KE. K-E has written another letter to Ministry of Energy reiterating that…

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The Board of National Energy Efficiency and Conservation Authority (NEECA) is to approve the National Energy Efficiency and Conservation (NEEC) Policy 2022, on April 12, 2022 for onward submission to the Cabinet Committee on Energy (CCoE). Official sources told Business Recorder, first draft of the NEEC Policy 2022 was presented to the secretary, Power Division/chairman of the NEECA Board on December 3, 2021. It was advised by the chairman of the NEECA Board to share the draft NEEC Policy with all the concerned ministries, entities and private sector stakeholders at…

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The Global Climate Risk Index has placed Pakistan on the fifth spot on the list of countries most vulnerable to climate change in its annual report for 2020, which was released by the think-tank Germanwatch on Wednesday. According to the report, Pakistan lost 9,989 lives, suffered economic losses worth $3.8 billion and witnessed 152 extreme weather events from 1999 to 2018 and based on this data, the think-tank has concluded that Pakistan’s vulnerability to climate change is increasing. The data also indicates that the government, as well as the world,…

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