Pakistan commits to planting 10 billion trees… sounds oak-ay

The scheme aims to help reduce the effects of climate change by absorbing large amounts of carbon dioxide

Middle Eastern nations ‘plan to add 41GW of new coal over next decade’

That’s based on projects that have been announced and those currently waiting to be granted permission

Shell to invest £13m in fuel stations in Pakistan

Around 100 fuel stations are to be set up by 2020

Energy firm secures $600k for off-grid solar in Pakistan

Around 40 million people are said to have no access to grid electricity in the country

Framework agreement for TAP interconnector project signed

A framework agreement for a proposed electricity interconnector between Turkmenistan, Afghanistan and Pakistan (TAP) has been signed. The TAP Power Interconnection Project aims to pave the way for the delivery of long term power supply, supporting Afghanistan’s energy needs and enabling power trade and exchange between the three countries. The project will include the construction […]

World Bank debars Pakistani firms over power contracts collusion

Three companies have been debarred for engaging in collusive practices when bidding for contracts under a power project financed by the World Bank in Pakistan. Lahore-based Pak Elektron Limited (PEL), its affiliates PEL Marketing Limited and Kohinoor Power Company Limited and Abdul Waheed Butt are ineligible to participate in World Bank-financed projects for 33 months. […]

UK funds solar project for Pakistani schools

The UK is funding solar panels for primary schools in a province in Pakistan. The Department for International Development (DFID) and the Saudi Fund for Development (SFD) are providing £6.5 million for around 2,000 government schools in seven districts of Khyber Pakhtunkhwa (KP). Lack of basic facilities in government schools in Pakistan is said to […]

Pakistan’s 720MW hydro project secures funding

A 720MW hydropower project in Pakistan has secured its last $100 million (£82.36m) of funding. IFC, a member of the World Bank Group, provided the finance to the $1.7 billion (£1.4bn) Karot hydropower development on the Jhelum River, which aims to address severe power shortages and spur growth across the nation. Karot is one of the largest private sector renewable energy projects in the country and has […]

Loan approved for Pakistan’s ‘biggest’ wind farm

A $75 million (£61.25m) loan has been approved to support what is believed will be Pakistan’s largest wind farm. Triconboston Consulting Corporation (TBCC) will use the money from the Asian Development Bank (ADB) to develop the 150MW project in Jhimpir, near Karachi. It will generate a total of 520GWh of electricity each year, which will […]

$200m initial investment for South Asian gas pipeline

An initial investment of $200 million (£140m) has been agreed to build a gas pipeline in South Asia. The deal between Turkmenistan, Afghanistan, Pakistan India and the Asian Development Bank (ADB) will help develop the 1,600-kilometer pipeline in three years. The Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline is expected to transport up to 33 billion cubic meters of […]