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Karot Hydropower Project pushes economic growth for Pakistan, CSAIL

Islamabad: The Karot Hydropower Project (HPP) stands as a model for Pakistan’s renewable energy future, balancing clean energy production, environmental stewardship, and economic development. While briefing the media and parliamentary delegation organized by “Understanding China Forum” at Karot HPP on Monday, Senior Advisor at China Three Gorges South Asia Investment Ltd (CSAIL) has said that the generation of reliable and affordable electricity will also help improve industrial productivity and support the growth of other sectors such as agriculture, manufacturing, and services, which depend heavily on consistent energy supply. Furthermore, the project’s long-term operation will reduce Pakistan’s energy import dependency, contributing

September 10, 2024

News Desk

Thar coal is called a game changer for economy

Islamabad: Private Power and Infrastructure Board (PPIB) Director General Coal Said Ali Nawaz remarked that Thar coal is truly a game changer for Pakistan’s economy as the country has spent $6 billion on coal imports in the last three to four years. “Over the next five years, we could reap the full benefits as the base load shifts to Thar coal. This will reduce power prices and have an overall impact of Rs2 to Rs3 on the basket price through the conversion of three imported units based on carbon,” he said. Nawaz was addressing a seminar on “Leveraging Domestic Coal

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