Energy

  Over 60 percent of export earnings go on oil imports Economy always threatened by ever-rising circular debt Whatever the economic status of Pakistan may be the fact remains that the economy is heavily suffered because of centuries old power generation mechanism based on oil-fired system impairing its export benefits as more than 60 percent of export receipt had to spend on import of oil leaving a little for socio-economic …

  Pakistan a nation with sized land area, population and economy. The country has lots of sun with density higher than many of the Asian countries. The country is facing a huge problem of energy, which has affected both the agriculture and the industry. With shortage of funds and lack of knowledge in the energy sector, too much of the bureaucratic thinking has caused lots of frustration among the people …

  Thar coal key to resolve future energy needs of the country Realizing the pinch of acute energy shortages, the present government has assigned top priority to different energy projects both in the public and private sector under Pakistan-China Economic Corridor package. Responding to the government policy, Engro Powergen Limited (EPL) signed a joint venture agreement with China Machinery Engineering Corporation (CMEC) for development of 2 x 330 MW coal …

  Apart from Engro Corporation’s stellar growth that showcases a strong performance in key businesses, the Engro Group has added yet another feather to its cap — the Engro LNG Terminal at Port Qasim has set an example for other big business houses within the country to come forward with active plans to invest in energy sector aiming at overcoming the most crucial issue of energy shortages in Pakistan. Aliuddin …

  Pakistan is a country which imports oil and with a decrease in the prices of oil internationally, the import bill is likely to be affected in a positive manner. During the fiscal year 2014, out of an import bill of US$41.7 billion, 35.3% or US$14.8 billion was used for oil and related products. Thus with a decrease in the prices of crude oil, the impact is likely to be …

  Power shortages have hit the business community like a sharp axe. Internet presently is perhaps the lifeline of Pakistan, but even that is suffering without power and the Government of Pakistan seems to be powerless to do anything about it. Last month the Punjab-provincial ministry had made some ambitious commitments to decline the energy load shedding and removing the power shortages. The apparent power shortage in the country has …

  Oil, gas and coal are the three main sources of energy as these are meeting 75 percent of global energy needs. Simultaneously, these sources playing key role in socio-economic uplift of the people but their waste and fumes bringing havoc to the environment as according to the World Health Organization (WHO) estimates, about three million premature deaths occur in a year due to environmental pollution. The experts consider renewable …

  Energy generation and transmission projects are in different stages of execution The power sector achieved another landmark when the total electricity generation reached to record 17272MW for the first time in the country’s history. The hydel generation contributed 6080MW while the IPPs and GENCOs contributed 11192MW. A large number of power generation and transmission projects are already in different stages of execution which will ultimately lead to end of …

  Oil prices are always debatable and remain an important variable in determining the economic activity of any country. Over the past few months, the price of oil has declined by greater than 30 percent and is hovering almost the $55 to 60 mark for a barrel. More significant breakthrough recorded in the oil industry which after two years ago, global oil prices crashed after the world started pumping out …

  Interview with Mr Amir ul Ebad Khan – CEO, Raas Systems Inc   Profile Professional Profile – Over twenty years of engineering experience in Energy & Environment Management – Responsible for implementing and monitoring strategies to improve Energy Mix and Energy Management within Environment & Cost Constrains – Successfully completed projects for Alternate Energy, Stand-alone units as well as Tie-Grid projects – In-depth knowledge of Energy Audit & Management …