“We have in the pipeline a plan to increase electricity generation and supply in the country in the short to medium term.”
Spurred by incessant intermittent power-cuts and sporadic black-outs, Malawi Government is geared to increase energy generation capacity in the country in an ambitious and mind-blowing plan and has embarked on working towards adding a staggering 1,000 megawatts of electricity to the national grid within the next four years, President Lazarus Chakwera has announced.
President Chakwera made the remarks, which is sweet music to all Malawians who for so long have suffered a continued stroke of bad electricity management systems on Wednesday in Parliament when he was answering questions to Members of Parliament.
Circular debt build-up for July-Apr reduced by Rs189bn current FY, says Umar
Says full year debt expected to be Rs100bn less than that of PML-N s last year in government
ISLAMABAD:
Federal Minister for Planning and Development Asad Umar said on Tuesday that the circular debt build up for the period of July-April this fiscal year has been reduced by Rs189 billion as compared to the previous year. Circular debt build up jul-apr this fiscal year is 260 billion vs 449 billion same period last year, a reduction of 189 billion, the minister said in a series of Twitter posts today. The full year circular debt build up this year is expected to be more than 100 billion LESS than the circular debt build in PMLN last year of govt!, he added.
The European Union (EU) is considered by many to be the leader in sustainability regulation. This is true in the sense that it was the first to set the foundations.
Mon, 05, 21
Energy is one of the key components of the programme being implemented under the China-Pakistan Economic Corridor (CPEC) framework. In the first phase of materialisation ie from 2015 to 2020, the portfolio of power generation consists of 19 projects of cumulative installed capacity of about 12,000MW, which works out to nearly half of the size of Pakistan’s installed power generating capacity in July 2015 from all type of energy resources. These projects include 4,260MW thermal power plants based on imported coal, 3,960MW power projects utilising the indigenous Thar coal, and 3,391MW hydropower projects, besides small capacity windfarms (298MW) and solar energy (100MW).