Beijing vows to work with Islamabad to carry ahead CPEC- China warmly congratulates Shahid Khaqan Abbasi on assuming charge as Prime Minister of Pakistan
Spokesperson of Chinese Foreign Ministry, Geng Shuang, in a statement in Beijing, said that the new Pakistan’s government would stay committed to maintaining national unity and stability and promoting economic and social development
South Asia Becomes Global LNG Hotspot
South Asia, long a backwater for energy markets, is emerging as a hotspot for liquefied natural gas (LNG), with Pakistan and Bangladesh set to join India as major consumers, helping to ease global oversupply that has dogged this market for years. Only India and Pakistan currently import LNG in South Asia, taking in a combined 25 million tons, or eight per cent of global demand last year.
Parameters Of Renewable, Hydropower Generation Costs To Be Revised
The National Electric Power Regulatory Authority (Neural) has decided to change key parameters of renewable and hydropower generation costs for tariff calculations in view of conducive market conditions and financing costs favorable to consumers. The regulator has sought formal comments from the power sector stakeholders on proposed changes to the existing tariff structure before reaching a final conclusion and its formal notification.
Chinese Firm Offers Bid For Casa Transmission Line Contract
Pakistan has received a single bid from Chinese company Tebian Electric Apparatus (TBEA) that is interested in laying a power transmission line as part of the Central Asia-South Asia (Casa) 1,000 electricity supply project, say officials.
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