Tag: Energy

Can we overcome the energy challenge?

Energy is the defining challenge facing Pakistan and our measured response will help shape the future of the economy and the well-being of our people. Energy runs machinery in factories, lights our cities and powers our vehicles, so vital for development and economic progress.
There has been an enormous increase in the demand for energy as a result of industrial development and population growth. Supply of energy is, therefore, far less than the actual demand. The result is acute

APTMA to discuss energy crisis

LAHORE: The All Pakistan Textile Mills Association (APTMA) is holding a crucial meeting on energy crisis with the Federal government on Monday. The meeting is scheduled at a time when gas supply to the industry is already in doldrums ahead of the winter season.
The APTMA delegation, under the leadership of APTMA Central Chairman Gohar Ejaz will meet Federal Minister for Textile Rana Farooq Saeed, Federal Minister for Petroleum Naveed Qamar and State Minister for Economic Affairs

Lack of energy in investors squeezes KSE-100 index by 63pts

KARACHI: The Karachi Stock Exchange (KSE) closed on a negative note subject to dull activity on Monday. Lack of concrete positive triggers led to profit-taking as the benchmark KSE-100 Index suffered a loss of 63.13 points to close at 10538.27 levels. Investors' agility continued to shrink as the results season crossed the finish line.
The benchmark index moved within a band of 138 points, while the index touched a high of 10,667 points and slipped down to 10,538 points. There

NEPRA to rationalise wind energy tariff

ISLAMABAD: The government is probable to introduce an upfront tariff for wind energy projects, instead of the prevalent system of reverse tariff calculation by the National Electric Power Regulatory Authority (NEPRA).
Official sources from the Ministry of Water and Power disclosed that a proposal for introduction of feed-in-tariff in the power sector was considered and later initial implementation was decided in the wind power sector. Currently, investors need to design a