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Forum warns against costly long-term energy contracts

ISLAMABAD: The Parliamentary Forum on Energy and Economy has urged the government to avoid entering into long-term energy contracts that could expose Pakistan to costly take-or-pay obligations and add to circular debt, calling instead for a more flexible approach to LNG and other fuel imports as rapid solar adoption transforms the country’s energy landscape. Members of National Assembly (MNAs)…

Forum warns against costly long-term energy contracts

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Japanese chipmaker Kioxia, Sandisk to spend 5 tril. yen to boost output

TOKYO (Kyodo) -- The top executive at Japanese chipmaker Kioxia Holdings Corp. said Thursday that the company and its partner Sandisk Corp. plan to sp

  • Kioxia and Sandisk plan to invest 5 trillion yen in boosting memory chip production over six years.
  • Investment aims to generate economic opportunities and is supported by the government.

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