The Asian Development Bank (ADB) has approved a loan of $300 million to finance the construction of a 300 MW hydropower plant that will increase Pakistan’s share of clean energy and improve its energy security. The plant that will be built on the Kunhar River near Balakot in Khyber Pakhtunkhwa ...

The World Bank will provide 1.150 billion dollars concessional financing to Pakistan for the two projects to support hydropower and renewable energy development in Khyber Pakhtunkhwa, and transmission of power from Dasu Hydropower Project. The Prime Minister Imran Khan witnessed the signing ...

ISLAMABAD - Minister for Power and Petroleum Omar Ayub Khan has invited the Turkish companies to benefit from investment opportunities in the Power Sector of Pakistan. He was talking to Ambassador of Turkey to Pakistan Ihsan Mustafa Yurdakul who called on him in Islamabad on Tuesday. During the ...

Pakistan has called for finalization of guidelines for implementation of Paris Agreement to address the impacts of Climate Change. Addressing the annual Ministerial Conference in Katowice, Poland, Advisor to Prime Minister on Climate Change, Malik Amin Aslam said the guidelines should be based on ...

Khyber Pakhtunkhwa government has allocated four point two billion rupees in the current budget to utilize the energy potential of the province. A spokesman of Energy and Power department told our Peshawar correspondent that three point eight billion rupees will be spent on constructing mini hydel ...

ANKARA: Energy trade between Turkey and Iran will continue as part of a long-term bilateral contract, which is set to run until 2026, Turkey's Energy and Natural Resources Minister Fatih Donmez said. In an interview with channel A Haber, Donmez said Turkey's oil and natural gas trade with Iran is ...

ISLAMABAD (APP): Chief Minister Khyber Pakhtunkhwa (KPK) Pervez Khattak on Monday said the province was fully aligned with grand projects of China Pakistan Economic Corridor (CPEC) as well as also with every agenda of development."We may have a difference of opinion but all provinces and political ...

ISLAMABAD: (APP) The Growing Economies Energy Forum (GEEF), hosted open discussions between governments and private sector from the most anticipated new energy markets in the world including Pakistan, in London from June 22 to 23.The Forum explored ways and means to tap into opportunities at an ...

ISLAMABAD, June 23 (APP): Renewable Energy Sector: Huge $3 billion investment attracted The Renewable Energy (RE) sector has attracted foreign investment of over $ 3 billion during the last one year, clearly indicating investment potential in this particular sector and the outcome of initiatives ...