• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, May 9, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

First phase of ‘Pakistan’s largest’ biomethane plant inaugurated in Karachi

February 17, 2025
in Markets
First phase of ‘Pakistan’s largest’ biomethane plant inaugurated in Karachi
Share on FacebookShare on TwitterWhatsapp

The first phase of “Pakistan’s largest” biomethane gas project, Biogas Power Generator, was inaugurated on Monday in Gadap district, Karachi, the country’s financial hub.

Speaking at the event, Syed Qasim Naveed Qamar, Special Assistant to the Chief Minister of Sindh on Investment and Public-Private Partnership, lauded the initiative terming it “a significant step towards clean and environment-friendly energy”.

He said the plant developed by M/s Bio Waste Energy Ventures Private Limited would produce biomethane gas from cow and buffalo dung, read a statement released by Sindh’s Department of Investment.

The Sindh government official emphasized that this project will increase awareness among businesses associated with the dairy industry regarding the usefulness of obtaining useful gas from cow-buffalo dung.

He said the initiative will provide economic stability to the dairy sector and also create new employment opportunities.

Climate change: Senate committee pushes for ‘stronger’ renewable energy, EV initiatives

Biomethane, also known as renewable natural gas, is a renewable fuel made from organic waste. It’s a cleaner alternative to natural gas that can be used in homes, industries, and transportation.

Speaking on the occasion, Waqas Mohsin, Chief Executive Officer (CEO) of Bio Waste Energy Ventures Private Limited, said the plant will be able to produce 23,000 cubic meters of biomethane gas and can also generate 4-5 MW of electricity daily.

Beyond gas production, the project will utilize heat and ash residues to manufacture bricks. The plant will process 380 tons of bio-waste per day, and all water used in the facility will be recycled to promote sustainability, read the statement.

Meanwhile, Qamar reaffirmed the provincial government’s commitment to provide all possible support to those investing in such projects.

“Sindh government is providing all possible support to dairy farmers setting up such biomethane gas projects, along with providing KIBOR subsidy on bank loans from the Sindh Enterprise Development Fund (SEDF),” he said.

SEDF chief executive officer Khizar Pervez and other officers of the investment department were also present at the ceremony.

Tags: biomethane plantenergy sectorGadap townInvestment Department of SimdhKarachiPakistan energy sectorPakistan’s energy sectorrenewable energyrenewable projectsSyed Qasim Naveed Qamar
Share15Tweet10Send
Previous Post

Why Pakistan Still Lacks an Islamic Digital Bank?

Next Post

Rupee weakens against US dollar

Related Posts

Rubio urges India and Pakistan to de-escalate, backs direct dialogue
Markets

Rubio urges India and Pakistan to de-escalate, backs direct dialogue

May 8, 2025
Flight operations resume at Karachi airport
Markets

Flight operations resume at Karachi airport

May 8, 2025
Pakistan makes large US soybean purchase as tensions with India rise
Markets

Pakistan makes large US soybean purchase as tensions with India rise

May 9, 2025
USA Cardinal Prevost elected Pope Leo XIV
Markets

USA Cardinal Prevost elected Pope Leo XIV

May 9, 2025
PSX bleeds amid Indo-Pak tensions: KSE-100 plunges nearly 7,000 points
Markets

Bloodbath at PSX: KSE-100 closes nearly 6,500 points lower amid Pakistan-India escalation

May 8, 2025
PSX bleeds amid Indo-Pak tensions: KSE-100 plunges nearly 7,000 points
Markets

Bloodbath at PSX: KSE-100 closes 6,500 points lower amid Pakistan-India escalation

May 8, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    45 shares
    Share 18 Tweet 11
  • Saudi Arabia Launches World’s First Self-Driving Flying Taxi to Transport Hajj Pilgrims

    42 shares
    Share 17 Tweet 11
  • SingTel annual profit more than halves on $2.3bn impairment charge

    42 shares
    Share 17 Tweet 11
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.