“Our company would make direct investment and where necessary they would work on PPP mode,” the CEO Abdullah Al Mutairi said. Enertech, a Kuwaiti State-Owned Enterprise has expressed interest to invest in water, solar and food security sectors of Sindh. Sindh Chief Minister Syed Murad Ali Shah has said that his government has a comprehensive […]
Pakistan eyes 60 per cent clean energy by 2030: PM Imran Khan
Speaking via video-link at the Climate Ambition Summit 2020 to mark the fifth anniversary of the signing of the landmark Paris Agreement, Khan said it was decided to not have coal-based power plants. Islamabad: Prime Minister Imran Khan on Saturday said Pakistan aims to produce 60 per cent of its energy needs through renewable resources […]
Pakistan should implement scale-up of solar and wind generation: World Bank
The Variable Renewable Energy (VRE) Integration and Planning Study finds that Pakistan needs to urgently implement a major expansion of solar and wind (“variable renewable energy”, or VRE), to achieve a share of at least 30% of total capacity by 2030. new World Bank study launched today suggests that Pakistan should quickly implement a major […]
World Bank approves $450m to support Pakistan’s transition to clean energy resources
“This project supports Pakistan’s goal to become a low-carbon, renewable energy-reliant economy by 2030 and contributes to its national target in reducing greenhouse gas emissions to combat climate change,” said Najy Benhassine, World Bank Country Director for Pakistan. Today, the World Bank’s Board of Executive Directors approved $450 million in financing to support Pakistan’s transition […]
China’s Goldwind secures 50MW turbine order in Pakistan
Goldwind said that it has received a new wind turbine supply contract for 20 units of GW 121-2.5MW high-temperature model wind turbines for the ACTII project. China’s wind turbine manufacturer, Xinjiang Goldwind Science & Technology Co Ltd said it has recently received an order to supply 50MW of turbines for the ACTII wind project in […]
ADB Approves $300 Million to Reform Pakistan’s Energy Sector
MANILA, PHILIPPINES:The Asian Development Bank (ADB) today approved a $300 million policy-based loan that will help the Government of Pakistan to address financial sustainability, governance, and energy infrastructure policy constraints in Pakistan’s energy sector. The financing will support the first of three subprograms totaling $1 billion under the Energy Sector Reforms and Financial Sustainability […]
Power companies must consider underground laying of cables to avoid Great Indian Bustard deaths: Government
Noting that a miniscule population of less than 150 Great Indian Bustards was left in the country, a committee constituted on the directions of the National Green Tribunal, has decided to have a time-bound action plan to implement mitigation measu.. NEW DELHI: To protect the ‘critically’ endangered Great Indian Bustard, the Centre has asked electricity […]
PTI Govt Taking Steps To Generate Cheap Energy: Minister
ISLAMABAD, UrduPoint / Pakistan: Federal Minister for Energy, Omer Ayub Khan on Wednesday said that Pakistan Tehreek e Insaf (PTI), government was working on many projects to generate cheap energy in the country. Wind, solar and renewable energy projects would be completed in near future to meet the growing demand of industrial and other sectors […]
Pakistan to convert 30% of four, three-wheelers into electric vehicles
Federal minister for climate change Malik Amin Aslam after a cabinet meeting on Tuesday shared with media a detailed picture of how the government would implement the national EV policy ISLAMABAD : Pakistan has approved a policy under which 30 per cent of the four and three-wheelers in the country would be converted into electric […]
Imran Khan inaugurates 1,320 MW power plant under CPEC in Pakistan
The China Hub Power Plant is the first joint power project between Pakistan and China under the CPEC initiative KARACHI: Pakistan Prime Minister Imran Khan has inaugurated a 1,320 Megawatt (MW) power plant in resources-rich Balochistan province that aims to generate low-cost electricity, an initiative under the ambitious US $60 billion China-Pakistan Economic Corridor. The China Hub Power Plant is the […]