China starts up world’s first fourth-generation nuclear reactor
The fourth generation Shidaowan plant in China’s northern Shandong province is designed to use fuel more efficiently and improve its economics, safety and environmental footprint as China turns to nuclear power to try to meet carbon emissions goals.
Editor
NEPRA increase power tariff for December under of FCA
The National Electric Power Regulatory Authority notified Rs 3.0786 per unit increase in power tariff for consumers of XWAPDA power distribution companies (DISCOs) under the fuel cost adjustment mechanism for October 2023.
Adil Aziz
Prices of petrol kept unchanged
The government kept prices of petrol unchanged at Rs.281.34 and reduced the rates of all petroleum products.
Expected Petroleum product Prices drop by Rs.7 to next fortnightly
Government is expected to give relief in petroleum product prices will be reduced by Rs 7.50 per liter for the next fifteen days.
Emirates world’s first airline to operate A380 demonstration flight with 100% Sustainable Aviation Fuel
Emirates has become the world’s first airline to operate an A380 demonstration flight using 100% Sustainable Aviation Fuel (SAF). Today’s flight, proudly commanded by Captain Khalid Binsultan and Captain Philippe Lombet, took off from Dubai International Airport (DXB) with one of four engines powered on 100% SAF, helping demonstrate its potential as a drop-in replacement that matches jet fuel’s technical and chemical requirements, while being a more sustainable alternative. SAF can reduce carbon emissions by up to 85%* over the fuel’s life cycle when compared to conventional jet fuel.
ADB approve of $250 Million loan for KP, Punjab to Power and dispatch transmission line
The Asian Development Bank has approved $250 million in loans to help deliver reliable electricity in Pakistan by expanding and improving the power transmission network in the country’s Punjab and Khyber Pakhtunkhwa provinces.
Mehfooz
Panama Canal drought to create American LNG more expensive
THE gap between liquefied natural gas (LNG) prices in Asia and Europe is increasing as tighter restrictions at the drought-stricken Panama Canal threaten to make journeys costlier from mainly US suppliers.
Govt reduce prices of Petroleum products
The government reduced the petrol prices by Rs.2.04 per liter, bringing it down to Rs.281.34 from Rs.283.38. Government has decided to revise the prices of petroleum products for the fortnight starting 16 November 2023 as recommended by the Oil and Gas Regulatory Authority.
FPCCI has demand of reduces petroleum prices to Rs.20
Mr. Irfan Iqbal Sheikh, President FPCCI, has demanded that the federal government should announce a reduction of 18 – 20 rupees per liter in the prices of petroleum products as international oil prices are showing a declining trend….
Karachi based SMEs demand of Subsidized electricity tariff: President FBATI
President Federal B Area Trade and Industry Syed Raza Hussain said the government should provide a subsidized electricity tariff to Small and Medium Sized Enterprises (SMEs) of the commercial capital Karachi to revive economic activity at an accelerated pace.