Pakistan International Bulk Terminal sets record for handling more than 1 million tonnes of coal in December

Karachi: Pakistan International Bulk Terminal (PIBT) handled a record 1.04 million ton of coal cargo in December 2020, which is 32 percent more than 0.791 million ton cargo handled in December 2019. This is the first month that the terminal volumes have crossed a million tons–solidly establishing PIBT as the… Continue reading

Coal to be cleared through green channel

KARACHI: MCC Port Qasim has notified that coal will be cleared through green channel. Sharjeel Jamal of M/s Utrade Logistics had approached Collector MCC Port Qasim complaining of problems being faced in the clearance of imported coal. In a letter to Collector MCC Port Qasim, Jamal noted that their client… Continue reading

Innovative handling on Port Qasim despite high coal imports

KARACHI: “Pakistan International Bulk Terminal’s (PIBT) existing terminal facilities of handling and storage are already operating at international standards and it is the first dirty bulk cargo handling facility in Pakistan to comply with World Bank’s standards of environment pollution control,” this was stated by Chief Executive, PIBT, Sharique Azim… Continue reading

A ship Olympus carrying 48,680 tons pet coke arriving at KPT

KARACHI: A ship Olympus carrying 48,680 tons of Pet Coke is arriving on Karachi Port Trust on Friday, suggests the KPT website. “This is a clear violation of Supreme Court’s ruling against handling of coal and hazardous material at KPT,” an industry official said. Pet Coke is a solid fuel… Continue reading

Pakistan’s overall electricity generation up 9.0 percent in September 2019

KARACHI: Pakistan’s overall electricity generation during September 2019 surged 9.0 percent to 13,621Gwh compared with 12,552Gwh generated during the same month last year, latest data released by National Electric Power Regulatory Authority (NEPRA) suggests. Within power generation mix, coal and hydel exhibited notable increase of 94 percent and 18 percent… Continue reading

Electricity generation surge 3.0 percent in July 2019

KARACHI: Pakistan’s overall electricity generation surged 3.0 percent to 14,231 Gwh in July 2019 as against 13,751 Gwh in the corresponding period last year, data released by the National Electric Power Regulatory Authority (NEPRA) suggests. “Slender rise in power generation during the month is attributed to improvement in hydel and… Continue reading

Govind Ram, director of Awan Trading Company, reported for tax evasion and money laundering

KARACHI: The Financial Monitoring Unit (FMU) of State Bank of Pakistan (SBP) has reported Govind Ram s/o Tharoo Mal, director of Awan Trading Company (Pvt) Ltd, to Federal Board of Revenue (FBR) for further investigations as the individual is suspected to be involved in tax evasion and money laundering. Awan… Continue reading

Pakistan’s overall electricity generation during May 2019 registers 4.0 percent increase

KARACHI: Total electricity generation during May 2019 registered 4.0 percent YoY increase to 12,604 Gwh against 12,118Gwh in the corresponding month of last year, as per latest data released by National Electric Power Regulatory Authority (NEPRA). [the_ad id=”31605″] “Rise in power generation during the month is primarily attributed to notable… Continue reading

MC Mining signs cooperation agreement with Haohua Energy Hong Kong

PERTH, AUSTRALIA: MC Mining Limited announced the signing of a co-operation agreement with Haohua Energy International (Hong Kong), a wholly owned subsidiary of Shanghai-listed Beijing Haohua Energy Resource Co. Limited, the largest exporter of anthracite coal from China. [the_ad id=”31605″]The original cooperation agreement between the parties was signed in 2013…. Continue reading

Pakistan’s electricity generation surges 9.0 percent in April 2019

KARACHI: The overall electricity generation surged 9.0 percent YoY in April 2019 to 9,717GWh, data released by National Electric Power Regulatory Authority (NEPRA) suggests. [the_ad id=”32940″]“The increase in production is mostly on the back of a 77 percent rise in RLNG-based generation and a 46 percent uptick in Hydel power… Continue reading

  • RSS Bloomberg