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ECC Approves Higher Rates for Essential Commodities at Utility Stores ECC Approves Higher Rates for Essential Commodities at Utility Stores File photo Meeting approves procurement of cotton bales, import of sugar, and auction of spectrum to improve mobile phone services in Pakistan-administered Kashmir The federal cabinet’s Economic Coordination Committee (ECC) on Friday approved a substantial hike on prices of essential commodities such as wheat flour, ghee and sugar, notably allowing the subsidized Utility Stores Corporation to sell them at rates closer to market values. In a statement i...

Pakistan, Denmark launch green energy collaboration July 16, 2021 Islamabad : The Government of Pakistan has adopted an ambitious policy for alternative and renewable energy (ARE) to transform Pakistan’s energy sector and generate 60% of all energy through clean and renewable sources by 2030. To support Pakistan’s green transition, the Government of Denmark has entered into collaboration with Pakistan whereas the relevant technical authorities will exchange knowledge and the Danish authorities will provide technical assistance under the new the initiative, Danish Energy Transition Initi...

ISLAMABAD: The federal government has adopted an ambitious policy for alternative and renewable energy in order to transform Pakistan’s energy sector and generate 60 per cent of all energy through clean and renewable sources by 2030. In order to support Pakistan’s green transition, the government of Denmark has entered into collaboration with Pakistan where the relevant technical authorities will exchange knowledge and the Danish authorities will provide technical assistance under the Danish Energy Transition Initiative (DETI). Federal Minister of Energy Hammad Azhar has recently inaugura...

Learning from best practices in renewable energy July 15, 2021 Islamabad : Oliver Knight, senior energy specialist, the World Bank, said that the most optimum capacity expansion pathway for Pakistan is through increased expansion of solar and wind capacity as it will decrease the utilisation of existing generation facilities which are no longer competitive. Mr Knight was speaking at a webinar on “Future directions for Variable Renewable Energy deployment in Pakistan— A discussion on the findings of the World Bank’s VRE report” jointly organised by Sustainable Development Policy Inst...

ISLAMABAD: Sindh’s former energy secretary Agha Wasif Abbas filed in an accountability court here on Monday an application challenging attachment of his assets. The court sought a reply from the National Accountability Bureau (NAB) to Mr Wasif’s application by July 15. Judge Syed Asghar Ali confirmed the freezing of 13 bank accounts belonging to Mr Wasif and his family members. NAB had on June 17 asked the banks to freeze these accounts, informing them that Mr Wasif was among the accused persons in “fake bank accounts scam regarding extending illegal favours to M/s Technomen Kinetic...