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    Showing posts with label Canada. Show all posts

    Punjab govt, Canadian firm ink MoU for biogas project

    Saturday, July 20, 2013
    A Memorandum of Understanding (MoU) was signed between Punjab government and a renowned Canadian Company High Mark Bio-Gas at Chief Minister’s Office on Friday for setting up bio-gas project.
    Chief Executive Officer Evan Chrapko on behalf of High Mark Biogas Company while Secretary Energy Usman Bajwa on behalf of Punjab government signed the MoU.
    According to the agreement, High Mark Bio-Gas Company will set up a pilot project of 22 megawatts of biomass gas in Punjab. The project will be completed within a short period of six months. Punjab govt, Canadian firm ink MoU for biogas project
    Besides Chief Minister Punjab Muhammad Shahbaz Sharif, Provincial Energy Minister Sher Ali Khan, Chairman Planning and Development, Secretaries of Energy, Agriculture, Information, Local Government and other concerned officials were also present on the occasion.
    Sharif said signing of MoU between High Mark Bio-Gas Company and Punjab government with regard to biogas project was a welcoming step. He said vast opportunities of generating energy through bio-mass and biogas exist in Punjab and the provincial government will fully benefit from these opportunities. He said the experiences of foreign investors and companies would also be benefited in this regard so that energy crisis could be minimised at the earliest.
    The chief minister said besides traditional sources, Pakistan Muslim League-N government was also working for generating energy through non-traditional sources. He said non-traditional sources are the cheap source of generating energy which would provide relief to the people.
    Sharif said there was great potential of setting up bio-gas projects in Punjab and there was no shortage of fuel for the projects of biogas. He said energy crisis had made the life of common man miserable and the government was working on war footing for coping with this problem. The CM said Canadian Company will also carry out the process of mapping of waste used in biogas which will help in collecting authenticated data.
    Sharif said that after the success of first pilot project, new projects of biogas would be started. Earlier, Chief Executive of Canadian High Mark Bio-Gas Company, Evan Chrapko met Shahbaz Sharif at Chief Minister’s Office. Muhammad Umar Ghaznavi was also present on the occasion.
    Source: Daily Times

    Canadian canola futures mixed

    ICE Canadian canola futures finished mixed on Monday, pressured in thin trading volume by late commercial hedges against farmer cash sales. Farmers seen making deliveries of old-crop canola. But supplies remain tight, and old-crop May and July were steadier than new-crop November. Most-active May canola added 50 cents to $628.30 per tonne on volume of 5,393 contracts. 
    Canola Future

    July eased 20 cents to $616.40 on volume of 871 contracts. May-July spread widened to a May premium of $11.90, trading 575 times. Chicago Board of Trade May soybeans rose 8-1/2 US cents to US $14.79-1/2 per bushel, on support from a firm cash market. 
    Source: http://www.brecorder.com/
     
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