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…
Adil Aziz
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
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 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…
Russian fuel cargoes to start arriving from April, Senate told
The vessels carrying Russian oil and crude products would start arriving Pakistan from April this year, Minister of State for Petroleum Dr Musadik Malik told Senate. Replying to the question of Senator Mushtaq Ahmed during question hour in Senate, he said negotiations with National Shipping Corporation (NSC) were going on for transporting Russian oil. High…
PM inaugurates 1,100 MW K-3 nuclear power plant in Karachi
Prime Minister Shehbaz Sharif inaugurated K-3, the third unit of Karachi Nuclear Power Plant (KANUP), which will produce 1,100 mega watt of electricity. The project has been completed with assistance from China. Addressing the occasion, the prime minister said K-3 was a step forward in cooperation with Pakistan’s trusted friend China. He congratulated the scientists…
PM to inaugurate K3 nuclear power plant in Karachi on Today
Prime Minister Shehbaz Sharif said on Wednesday that he would inaugurate K3 nuclear plant in Karachi on Thursday, that has been built in cooperation with China. The prime minister said this in a meeting with a delegation of China National Nuclear Corporation. After operationalisation of K3 power plant, the generation of nuclear power in Karachi…
Emirates operates milestone demonstration flight powered with 100% Sustainable Aviation Fuel
Conducted in partnership with GE Aerospace, Boeing, Honeywell, Neste and Virent First demonstration flight in Middle East and North Africa to be powered by 100% SAF in one of two engines Emirates has operated its first milestone demonstration flight on a Boeing 777-300ER, powering one of its engines with 100% Sustainable Aviation Fuel (SAF). The…
ENI unable to deliver February LNG cargo to Pakistan, declares force majeure
ENI said that the delivery of a liquefied natural gas (LNG) cargo to Pakistan LNG Limited that was scheduled for February has been disrupted due to an event of force majeure. The Italian major has a 15-year deal to supply Pakistan LNG with one cargo a month from 2017 to 2032. “February LNG delivery disruption…
Pak-Russia to sign low-cost oil accord in March, ‘holistic energy security plan’ by year-end: Musadik
Minister of State for Petroleum Dr Musadik Malik said Pakistan would sign an agreement with Russia in March to get inexpensive crude oil besides a ‘holistic energy security plan’ by the year-end, which would be beneficial for both countries. “In March, all commercial terms of the agreement will be finalized with Russia, following which low-cost…