PM ground breaking of Chashma Nuclear Power Plant Unit-5
Prime Minister Muhammad Shehbaz Sharif broke ground on the 1200 MW Chashma Nuclear Power Plant Unit 5 (C-5) here which is likely to be completed in seven to eight years at a cost of around US$3.48 billion. On June 30, 2023 the prime minister witnessed the signing of Memorandum of Understanding (MoU) on the C-5…
LUMS Energy Institute hosts seminar on advancing Pakistan’s Energy Sector
Pakistan’s leading higher education institution, LUMS, organised a seminar on ‘Advancing Pakistan’s Power Sector through Strategic Investments and Digitisation’, featuring renowned energy experts, researchers, and academics. The seminar explored the transformative potential of strategic investments in confronting the challenges to Pakistan’s power sector, such as power shortages, distribution inefficiencies, and outdated infrastructure. The seminar was…
OGDCL revives Jhal Magsi gas project
In a significant move towards meeting the country’s growing energy demands, Oil and Gas Development Company Limited (OGDCL), the leading exploration and production company in Pakistan, has revived Jhal Magsi gas project. The state-of-the-art gas processing plant, with a daily capacity to produce 13.7 MMSCF process gas and 45 BBL/day condensate, will mitigate escalating energy…
Azerbaijan would help Pakistan to fulfill its energy needs: Musadik Malik
State Minister for Petroleum Musadik Malik assured that Pakistan’s a liquefied natural gas (LNG) purchase agreement framework with Azerbaijan would end gas crises and domestic consumers will not face any gas shortage in the next winter season. Azerbaijan will supply an LNG cargo every month to Pakistan at a “cheaper price,” he said while talking…
FPCCI applauds PM for the go ahead to 13 renewable energy projects
Mr. Irfan Iqbal Sheikh, President FPCCI, has applauded the Prime Minister Mian Muhammad Shehbaz Sharif for his decisive push to green light 13 important projects in renewable energy (RE) and coming under category-III, totaling approximately 700 megawatts. President FPCCI stated that high cost of energy coupled with circular debt is hindering the industrial growth; and,…
Pakistan and China sign a MoU to construction for a 1200 MW Chashma-5 (C-5) Nuclear Power Project
Prime Minister Shehbaz Sharif signing of Memorandum of Understanding (MoU) between Pakistan and China for a 1200 MW Chashma-5 (C-5) nuclear power project worth of $3.48 billion. President of China National Nuclear Corporation Overseas Ltd (CNOS) and Member Power, Pakistan Atomic Energy Commission (PAEC) Muhammad Saeed Ur Rehman signed the MoU. Speaking on the occasion,…
Neelum Jhelum Hydel Power Station to resume generation by July
Neelum Jhelum Hydel Power Station is likely to resume electricity generation by the end of July as hectic efforts are underway to complete the remedial works being carried out in the tail race tunnel of the project. This was the crux of the briefing given to Chairman WAPDA Engr Lt Gen (Retd) Sajjad Ghani by…
Denmark to cooperate Pakistan in developing green energy infrastructure
Foreign Minister Bilawal Bhutto Zardari and Danish Minister for Development Cooperation and Global Climate Policy Dan Jorgensen agreed to enhance cooperation in building climate-resilient green energy infrastructure including wind energy to overcome the challenge of climate change and to resolve energy problems in Pakistan. Talking to the media here after exchanging Joint Action Plan under…
Azerbaijan to send LNG cargoes to Pakistan from next month
Azerbaijan will start sending cargo containers of Liquified Natural Gas (LNG) to Pakistan from next month. This is the second major achievement for Pakistan towards fulfillment of energy needs after recently receiving the shipment of crude oil from Russia. During the meeting, PM Sharif informed the Azeri president that the federal cabinet had approved receiving…
ECC allows PPL to execute proposed framework agreement with SOCAR
The Economic Coordination Committee (ECC) of the Cabinet after a detailed discussion allowed Pakistan LNG Limited (PLL) to execute the proposed framework agreement with the State Oil Company of Azerbaijan Republic (SOCAR) Trading. The ECC, which met here with Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar in chair, considered a summary of…