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Tag Archives: power

Energy conservation: A voyage from ICL to CFL

  Power shortfall was recorded at 2,400MW despite descending temperature due to rain. However, it may be noted that power shortfall has started rising from the level of 2,000MW and more is likely to take place soon the rainy weather is over. Present government took several initiatives to overcome the energy crisis and started enormous plan to develop not only energy resources but also energy conservation program. And one of …

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Prospects of coal fired power in Pakistan

  One of the most inexpensive energy resources in the country, having the potential to not only make the energy sector self-sufficient but to turn Pakistan into a power exporting country is coal . Around 41 percent of electricity generation is accounted through coal all over the world. Recently, China has agreed to set up four coal fired power stations in Balochistan at the Gadani Power Corridor. This announcement was …

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Coal-based power projects set to usher economic prosperity

  It is estimated that by 2030 Pakistan would need 113,695MW of energy while its economic prosperity and development was linked with availability of energy for which country needs coal-based power projects to meet energy shortfall. Pakistan’s coal is better than India in terms of heating value, sulfur, ash and moisture. Pakistan needs a large number of coal-based power projects to bridge the widening gap between electricity demand and supply. …

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China’s huge investment in coal-based power generation projects

  The landmark economic package of China is a depiction of the confidence of China and Pakistan and the deep love for a large number of people of Pakistan. The projects are part of a broad bilateral deal called as China-Pakistan Economic Corridor (CPEC) under which the Chinese government and banks will finance Chinese companies to invest $45.6 billion worth of energy and infrastructure projects in Pakistan over the next …

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Mainstreaming of renewable energy vital to beat country’s power shortfall

  Renewable energy must be a important part of Pakistan’s energy plan In the face of critical energy crisis, Pakistan needs to explore renewable energy avenues to improve its power supply. So far renewable energy is not important part of Pakistan’s energy plan. As per estimates, the country loses up to 3-percent of its GDP per annum are because of power shortages. Despite enormous potential, Pakistan cannot explore avenues of …

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The government, banks must jump on to financing the solar projects

  Solar energy is forecasted to become a new source of power to lead the world to a low-carbon future and expectedly, away from a global climate catastrophe. For solar energy to become very cheap that it can compete with coal and oil, its deployments need to be greatly developed. Solar power can meet wholly the world demand of electricity. It has the capability to provide several times the country’s …

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HBL-NBP ready to finance Rs84 billion for Sheikhupura power plant

  The first-ever biggest financing of local banks in the history of Pakistan Presidents of Habib Bank Limited (HBL) and National Bank of Pakistan (NBP) in a meeting with Chief Minister Punjab Muhammad Shahbaz Sharif presented an offer to countersign the project financing amounting to Rs84 billion to set up 1,200 megawatts LNG-based power plant at Bhikki Sheikhupura, which would be the first of its kind project and the biggest …

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HUBCO’S significant projects, role to overcome energy crisis

  The Hub Power Company is the largest Independent Power Producer (IPP) in the country with a combined power generation capacity of over 1,600MW. The company generates approximately 10 percent of the country’s electricity and is playing an important role in addressing the energy crisis. It is situated at Mouza Kund, Hub in Balochistan and is one of the most efficient steam turbine-based thermal power plants in Pakistan. It supplies …

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Chinese investment in nuclear power plants K2 & K3 to add 2200mw to national grid

  Nuclear power is the greenest option, say top scientists Over 35 percent of the total energy produced in Pakistan is generated through oil-fired system, which is the most expensive mode of power generation in terms of money while emitting carbon dioxide to damage the environment means that we are burning our candle from both ends. On one hand we are spending over $16 billion on import of oil for …

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Tajikistan to export 1,000mw of cheap and clean hydro power

  Pakistan and Tajikistan have been strongly working in many fields that counting trade and investment. The both brotherly states have got giant trade potential in many sectors such as agriculture, textile, food industry, and surgical equipments. Tajikistan’s total volume of export to Pakistan reached at around $100 million previous year. The ongoing bilateral trade volume did not commensurate with the actual potential of two brotherly states. Tajikistan will be …

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