Energy

Pakistan committed to ensuring generation of environment-friendly energy: Khurram Dastgir

Pakistan committed to ensuring generation of environment-friendly energy: Khurram Dastgir

Minister for Power Division Khurram Dastgir said Pakistan was committed to ensuring generation of environment-friendly energy and an ambitious target had been set up to enhance share of renewable energy (RE) to 60 per cent in the total country’s energy mix by 2030. Addressing at the Future Energy Conference 2023, he said Pakistan was moving…

Musadik Malik discusses steps to boost Pakistan’s energy productivity with senior US officials

Musadik Malik discusses steps to boost Pakistan’s energy productivity with senior US officials

The visiting Minister of State for Petroleum, Musadik Masood Malik, discussed with senior U.S. officials ways and means to enhance productivity in the energy sector and plug Pakistan into Global Value Chains, the cross-border networks that bring a product or service from conception to market. During a meeting with Verinda Fike, Regional Director for the…

POL import bill contracts by 11.66% in 9 months

POL import bill contracts by 11.66% in 9 months

The imports of the overall petroleum group contracted by 11.66 percent during the first nine months of the current fiscal year (2022-23) as compared to the corresponding period of the last year. The total imports of the petroleum group during July-March (2022-23) stood at $13,083.145 million, as against the imports of $14,810.060 million during the…

Solar power generation excellent choice for Pakistan: Liu Yiyang

Solar power generation excellent choice for Pakistan: Liu Yiyang

Solar power generation has made a huge contribution to the global fight against climate change, which is an excellent choice for a climate-vulnerable country like Pakistan, said Liu Yiyang, Deputy Secretary-General and Press Spokesperson of China Photovoltaic Industry Association (CPIA). Growing number of companies and organizations are catching the tide, showing an increase by leaps…

Pakistan, US reaffirm commitment to promote economic growth, energy security

Pakistan, US reaffirm commitment to promote economic growth, energy security

Pakistan and the United States reaffirmed their commitment to promoting economic growth, energy security, partnership in long-term flood rehabilitation efforts, and strengthening their overall relationship. The bilateral ties were discussed in a meeting between Prime Minister Shehbaz Sharif and visiting Assistant Secretary for the Bureau of Energy Resources at the US Department of State Geoffery…

Thar Block-1 Integrated Coal Mine Power Project providing most cost-effective energy to millions of Pakistani households

Thar Block-1 Integrated Coal Mine Power Project providing most cost-effective energy to millions of Pakistani households

The Thar Block-1 Integrated Coal Mine Power Project, an open-pit coal mine with an annual lignite output of 7.8 million tons and a total capacity of 1,320 megawatts, is providing the most cost-effective energy to millions of Pakistani households. Gul Hassan, a mining engineer with Sino Sindh Resources (Pvt.) Ltd. (SSRL) said in an interview…

KP-EZDMC issues LoI to InfraCo Asia for solarization of economic zones

KP-EZDMC issues LoI to InfraCo Asia for solarization of economic zones

The Khyber Pakhtunkhwa Economic Zone Development and Management Company (KPEZDMC) has issued a Letter of Intent (LoI) to InfraCo Asia to undertake a complete feasibility study for the solarization of economic zones in Khyber Pakhtunkhwa. The LoI signifies the commitment of KPEZDMC and InfraCo Asia to work together in exploring the potential of solar energy…

Chairman MOL Group, CEO Vitafort call on Foreign Minister Bilawal Bhutto

Chairman MOL Group, CEO Vitafort call on Foreign Minister Bilawal Bhutto

Chairman MOL Group Zsolt Hernadi called on Foreign Minister Bilawal Bhutto Zardari in Hungary. The MOL chairman briefed the foreign minister about the operation of the company in the energy sector, in Pakistan. The foreign minister while appreciating MOL performance stressed upon enhancement of MOL presence in Pakistan. Meanwhile, Chief Executive Officer Vitafort Zoltan Kulik…

KE, CTGSAIL INK MoU to Explore 1 GW Renewable Energy Projects

KE, CTGSAIL INK MoU to Explore 1 GW Renewable Energy Projects

Committed to providing clean, affordable, and sustainable power for people of Pakistan including K-Electric’s growing base of over 3.4 million customers, CEO K-Electric, Mr. Syed Moonis Abdullah Alvi and Mr. Wang Minsheng, CEO China Three Gorges South Asia Investment Limited (CTGSAIL) signed a Memorandum of Understanding (MoU) to collaborate on exploring renewable energy including hydro…

China delivers two Hualong-1 nuclear power units to Pakistan

China delivers two Hualong-1 nuclear power units to Pakistan

 China has officially delivered two Hualong-1 nuclear power units, which were developed with China’s homegrown third-generation nuclear power technology, to Pakistan, according to the China National Nuclear Corporation (CNNC). With the inauguration of Unit 3 of the Karachi Nuclear Power Plant (K-3) on Thursday, the two million-kilowatt Hualong-1 units K-2 and K-3 have now both…