Energy capacity needs to be increased by 10,000 megawatts until 2015 and is hoping foreign investors can help it halt damaging power cuts, investment minister Waqar Ahmed Khan said on Friday. Waqar Ahmed Khan said Pakistan was looking at foreign firms to help it deal with its energy shortfall, which has seen regular blackouts that have prompted riots in Karachi.

The government has decided to set up 20 new plants with a generation capacity of 3,551 megawatt electricity by 2014 to meet the growing demand in the country.

As per the decision, 20 power plants would be built under short-term and long-term plans in both public and private sectors.

The Government of Sri Lanka and the Asian Development Bank (ADB) signed a $160 million loan agreement yesterday for the development of the country

The European Commission and the U.S. Environmental Protection Agency (EPA) have set new standards for office appliances which could save the equivalent of one year electricity consumption in Ireland.

Like all rural Bangladeshis, Saidul Islam knows the hardships of summer, when his tin-roofed house turns into a furnace with not enough electricity to power even a fan.

For the 100 million Bangladeshis -- most of them farmers -- who live in the countryside, the notion of electricity supply is little more than an empty promise bandied about by politicians at election time.

Federal Minister for Water and Power, Raja Pervez Ashraf said that the allocation of more than Rs 100 billion in the budget 2009-10 for ongoing and new projects was a good sign for future of the country especially for ensuring provision of electricity to all.

At least 14 percent of power generated by various power plants in the country was wasted while in distribution owing to technical reasons, the Ceylon Electricity Board (CEB) sources said.

U.S. lawmakers on Thursday sought to increase incentives for nuclear power and energy efficiency in a measure that would require utilities to generate a certain amount of electricity from renewable sources.

Xcel Energy Inc would offer incentives for Minnesota customers who take steps to conserve energy, which could include installation of solar panels on homes and businesses, under a $280 million plan filed this week with regulators, the state's biggest power company said on Thursday.

Muzaffar Hussain Khan Magsi, chief of Seraiki Inqilabi Council, Rehmat-ullah Vardag, chief of Tehrik-i-Istaqlal, and Mansoor Ahmed Khan, chief of Pakistan Democratic Party, have said that the Advisor to Prime Minister on Finance, Shaukat Tarin was "a parrot of IMF", talking in its language.

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