AGL 38.15 Decreased By ▼ -1.43 (-3.61%)
AIRLINK 125.07 Decreased By ▼ -6.15 (-4.69%)
BOP 6.85 Increased By ▲ 0.04 (0.59%)
CNERGY 4.45 Decreased By ▼ -0.26 (-5.52%)
DCL 7.91 Decreased By ▼ -0.53 (-6.28%)
DFML 37.34 Decreased By ▼ -4.13 (-9.96%)
DGKC 77.77 Decreased By ▼ -4.32 (-5.26%)
FCCL 30.58 Decreased By ▼ -2.52 (-7.61%)
FFBL 68.86 Decreased By ▼ -4.01 (-5.5%)
FFL 11.86 Decreased By ▼ -0.40 (-3.26%)
HUBC 104.50 Decreased By ▼ -6.24 (-5.63%)
HUMNL 13.49 Decreased By ▼ -1.02 (-7.03%)
KEL 4.65 Decreased By ▼ -0.54 (-10.4%)
KOSM 7.17 Decreased By ▼ -0.44 (-5.78%)
MLCF 36.44 Decreased By ▼ -2.46 (-6.32%)
NBP 65.92 Increased By ▲ 1.91 (2.98%)
OGDC 179.53 Decreased By ▼ -13.29 (-6.89%)
PAEL 24.43 Decreased By ▼ -1.25 (-4.87%)
PIBTL 7.15 Decreased By ▼ -0.19 (-2.59%)
PPL 143.70 Decreased By ▼ -10.37 (-6.73%)
PRL 24.32 Decreased By ▼ -1.51 (-5.85%)
PTC 16.40 Decreased By ▼ -1.41 (-7.92%)
SEARL 78.57 Decreased By ▼ -3.73 (-4.53%)
TELE 7.22 Decreased By ▼ -0.54 (-6.96%)
TOMCL 31.97 Decreased By ▼ -1.49 (-4.45%)
TPLP 8.13 Decreased By ▼ -0.36 (-4.24%)
TREET 16.13 Decreased By ▼ -0.49 (-2.95%)
TRG 54.66 Decreased By ▼ -2.74 (-4.77%)
UNITY 27.50 Decreased By ▼ -0.01 (-0.04%)
WTL 1.29 Decreased By ▼ -0.08 (-5.84%)
BR100 10,089 Decreased By -415.2 (-3.95%)
BR30 29,509 Decreased By -1717.6 (-5.5%)
KSE100 94,574 Decreased By -3505.6 (-3.57%)
KSE30 29,445 Decreased By -1113.9 (-3.65%)

Pakistan Council of Renewable Energy Technologies is executing a pilot production of silicon solar cells and modules project to meet power needs in the country. The project, costing over Rs 37 million, aims at providing electricity to improve the socio-economic conditions of the people in remote areas.
The government plans to promote use of compressed natural gas (CNG) by facilitating operators and to enhance the number of operational stations to 1500 by the current year-end, officials at Ministry of Petroleum and Natural Resources said.
The Ministry foresees 0.5/6 million vehicles switched to CNG as compared to the present 475,000 vehicles. The Oil and Gas Regulatory Authority (Ogra) has issued CNG licences to 1140 parties and currently 740 CNG stations are operational in the country, which will be brought to 1500 units," an official said.
CNG is not only cost-effective but it also helps to keep the environment clean. Therefore, more motorists will be encouraged to adopt use of this fuel source, he said.
In Pakistan the number of CNG-powered vehicles has risen from a few thousand to 475,000 in three years. Apart from the government's efforts in the right direction, the operational cost remains an important factor. Argentina is on top where 1.2 million vehicles are using CNG while Brazil has 803,645 vehicles switched to CNG. In Iran, the number of vehicles running on CNG rose from 1,000 to 14,000 in a year, while in Thailand, about 5,000 vehicles use CNG and their government target is to have 180,000 units by 2010, the official said.

Copyright Business Recorder, 2005

Comments

Comments are closed.