Pakistan can address to a large extent its power crisis through Chinese innovative hydro power generating technology, said a senior official at Pakistan Embassy in an interview.

The government on Monday reduced petrol prices by Rs 5 per litre and revised diesel and kerosene prices upward by Rs 3.50 a litre. A formal notification of the new oil prices was issued by Oil and Gas Regulatory Authority (Ogra) late Monday night. The changed prices will be effective from September 16.

Experts on Friday urged the government to immediately initiate the wind energy projects to avoid irresolvable energy crisis in the country and warned that window of opportunity is gradually closing with each passing day.

Addressing a two-day workshop on "Carbon Credit Potential in Wind Power Sector in Pakistan," being organised at a local hotel, speakers said that despite Pakistan is far behind in the acquisition of energy through windfalls than developed world, still it has an opportunity to avoid energy crisis.

The Lahore High Court has issued notices to Deputy Attorney General in a petition filed by President Lawyer Welfare Forum Muqtadir Akhtar Shabir, against increase in CNG prices. The court had issued notices to Federation of Pakistan and Ministry of Petroleum and Natural Gas but no one appeared before the court here on Wednesday.

SuntechKays Encon International (Pvt) Ltd and Somar International, UK have jointly launched energy conservation products at a ceremony held at a local hotel here on Saturday. Three products including Powerboss Integra, Intelligent Motor Controller, Powerboss Eluma, Intelligent Lighting Solution and Evasive which is specially designed to be supplied to original equipment manufacturers of air conditioners and refrigerators were unveiled.

The government is going to present the fuel conservation plan to the Economic Co-ordination Committee (ECC) on Tuesday, including one-day closure of petrol pumps across the country to save much-needed costly fuel. Sources said the Economic Monitory Committee (EMC) will clear the plan for ECC in its meeting scheduled for Monday (today).

The government is committed to encourage and promote modern energy conservation technologies and techniques to minimise impact of on-going energy crises. Punjab Minister for Agriculture Ahmed Ali Auolakh said this while addressing the launching ceremony of 'latest energy saving technology in Pakistan' with the brand name of 'Power boss' here on Thursday.

The Ministry of Water and Power was committed to promote alternative energy to overcome the acute shortage of energy and to meet the growing demand of electricity in the country. Minister for Water and Power Raja Pervaiz Ashraf said this while talking to Tariq Sayeed, President Saarc Chamber and former President FPCCI who called on him here along with Zubair Ahmed Malik, former Vice President FPCCI.

The Hyderabad Electric Supply Company (Hesco) is planning to establish 16 new grids stations in different parts of Sindh so as to ensure uninterrupted power supply to consumers, said the Chief Executive Officer of Hyderabad Electric Supply Company, Guftar Anjum.

Pakistan government has set an ambitious tagret of around $20 billion as foreign investment in the energy sector, for which it is actively interacting with top companies in the USA. Highlighting the salient features of the upcoming energy conference.

The Minister of Information, Sherry Rehman, told Business Recorder that the international energy roundtable would be instrumental in attracting maximum foreign investment in the energy sector through institutional and legal support to foreign investment.