Thar Coal Block-II mine & power projects complete 1st year of successful operations

KARACHI – July 10, 2020:  Engro Powergen Thar (Private) Limited (EPTL) – a majority owned Company of Engro Energy – and Sindh Engro Coal Mining Company (SECMC) – a joint venture  of the Government of Sindh and Engro Energy with other corporate partners – have successfully completed one full year of commercial operations of both Block II mine and power plant.  SECMC successfully unearthed the first layer of coal in June 2018, completed all steady state production of on-specification coal and commenced commercial operations for 3.8 million tons per annum…

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Construction of the first solar + storage array for New York campus underway

The State University of New York at Fredonia (SUNY Fredonia) announced that construction is starting on its first solar/battery project. The New York Power Authority (NYPA), as the campus’ energy advisor, is overseeing the project. Selected in a competitive bidding process, the state’s strategic partners Oriden, a Mitsubishi Hitachi Power Systems venture, and Solar Liberty are designing, installing and financing the 1.4-MW ground-mount solar plus 500-kW, 3-hour energy storage system. The solar-plus-storage solution will provide about 1.7 gigawatt hours of energy and offset an average 432,000 pounds of carbon dioxide…

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Petroleum Division seeks incentives for LPG import

The Cabinet Committee on Energy (CCOE) on Saturday constituted a high-level committee that would review a set of incentives for the import of liquefied petroleum gas (LPG) by public sector companies in a bid to provide the fuel to remote and hilly areas. The Petroleum Division presented the incentives to the cabinet committee, in a meeting held on Saturday and headed by Federal Minister for Planning, Development and Special Initiatives Asad Umar, for approval. These included reduction in the upfront tax from the existing 5.5% to zero and 2% on…

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World leaders’ Call to Action on COVID-19

Water, sanitation and hand hygiene, together with physical distancing, are central to preventing the spread of COVID-19, and a first line of defence against this serious threat to lives and health systems. Handwashing with water and soap kills the virus but requires access to running water in sufficient quantities. Our response plans – at national, regional and global levels – must therefore prioritize water, sanitation and hygiene services. Leaders that recognize the role of water, sanitation and hygiene in preventing the spread of COVID-19, will save lives. Leaders that prioritize…

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Oil turns positive as Saudi Arabia says it will reduce output further

Oil prices reversed gains and turned positive on Monday after Saudi Arabia’s energy minister said the kingdom aims to provide additional voluntary cuts in an effort to support global markets. Brent crude futures gained 26 cents to trade at $31.23 per barrel, U.S. West Texas Intermediate crude futures gained 43 cents to trade at $25.18 per barrel. Gains were capped, however, as concerns over a persistent glut and economic gloom caused by the coronavirus pandemic combined to cancel out support from supply cuts at some of the world’s top producers.…

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