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Business Recorder (Pakistan)

  • No plan to start Kalabagh dam project: Ashraf

    Federal Water and Power Minister Raja Pervez Ashraf has said that Kalabagh is a controversial dam and the government does not intend to start this project. "At the end of this year, Wapda will overcome the power crisis, since the government has started 2,200 MW power generation projects on the fast track basis and will be accomplished by the year-end," he told a press conference on Monday at the Wapda House.

  • Legislation to conserve energy recommended

    The Ministry of Environment has recommended comprehensive legislation on energy conservation and management to overcome the energy shortfall and smooth running of industry and other businesses. The ministry, in its recently formulated Energy Conservation Policy by one of department's, National Energy Conservation Centre (Enercon), has also recommended development of conservation codes and standards.

  • 16 power projects underway in Balochistan

    As many as 91 projects in water sector were being implemented while 16 electricity supply schemes were underway in various parts of Balochistan, official sources told APP here on Sunday. These projects aimed at providing clean drinking water and electricity supply facilities to the people in the province, the sources said, adding that the government would construct 54 more small dams in different districts aimed at resolving water scarcity problems in the province.

  • 5000 megawatts power generation plant to be set up in Multan

    The Director General (DG), Wapda, Tahir Basharat Cheema has said that government, using coal as fuel, is planning to set up 5000 MW power generation plant within the next few years. He said this while speaking at a ceremony arranged by Multan Chamber of Commerce and Industry. He said that the country's survival largely depends on proper use of its coal reserves. '184 billion tonnes of coal reserves were available in Thar area alone', Cheema said. He expressed concern over the fact that Pakistan was generating only 0.1 percent electricity from coal.

  • Pakistan offers Nigeria services in energy sector

    Foreign Minister of Pakistan, Shah Mahmood Qureshi offered his Nigerian counterpart Oil and Gas Development Corporation (OGDC) of Pakistan services for exploration and laying oil/gas pipelines as the organisation has vast skills, technology and trained manpower to undertake such projects, says a statement released by foreign office about FM visit to Kampala.

  • LPG price raised

    The liquefied petroleum gas (LPG) marketing companies have again increased its price by Rs 1.50 per kg, to Rs 56.50 after a period of 15 days. LPG distributors on Friday said that the companies had raised LPG price by Rs 10-15 per 11.8-kg cylinder to Rs 595-600, and 45.4-kg cylinder to Rs 2251. The raise in LPG prices has been effective from Friday.

  • Japan, Saarc members to cooperate on energy crisis

    Japan and Saarc member states have decided to make sincere efforts to promote public awareness on the need for regional energy cooperation, energy conservation and find ways to improve energy efficiency taking the advantage of technical help and assistance from Japan. It was agreed at the conclusion of two-day Japan-Saarc symposium on energy and connectivity, held at the Institute of Strategic Studies, Islamabad (ISSI) on June 10 and 11 under the joint auspices of Japan and the ISSI.

  • LPG price up by Rs two per kg

    Decline of home production of liquefied petroleum gas (LPG) by 300 ton, caused addition in the price of LPG by two rupees per kilogram. According to a private television channel, LPG Distributor Association Chairman Abdul Hadi Khan said that the fresh hike was caused by the imbalance found in supply and demand. Copyright Associated Press of Pakistan, 2008

  • Distributors want Ogra and ministry to monitor LPG prices

    The Liquid Petroleum Gas Distributors Association Pakistan (LPGDAP) has asked the government to ensure monitoring of LPG prices by Ogra and the petroleum ministry to check undue increase in gas prices such as the one introduced by LPG marketing companies during last two months. In a press statement issued here on Sunday, FPCCI chairman zonal committee on LPG and LPGDAP office-bearer Muhammad Irfan Khokhar said that LPG marketing companies have increased the per kg price of LPG by Rs 14.50 from Rs 48 to Rs 62, due to which the price of domestic cylinder has risen from Rs 505 to Rs 675.

  • US towns get creative as fuel costs bite

    Police are doing more patrolling on bikes here, while elsewhere across America small towns are taking unusual measures to rein in rising energy costs. One Connecticut town plans to put century-old dams back to work generating electricity, while other communities are telling workers to turn off their vehicles when stopped, instead of letting them idle. Gasoline and heating oil prices have soared, electricity has grown more expensive and health-care costs keep rising, prompting municipalities to do what they can to cut costs.

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