LAHORE: Chairman Water and Power Development Authority (WAPDA) Lt Gen Muzammil Hussain (Retd) said on Monday that WAPDA is ready to fully support Maldives in development of its infrastructure in power sector. He was talking to a four-member delegation of Maldives State Electric Company (STELCO), headed by its Chairman Ahmed Aiman. The delegation is on […]

The Electricity Authority is standing its ground and pressing on with radical change to the way people pay for transmission of their electricity. At stake is the cost of funding 12,000 kilometres of high voltage wires, which carry power around the country. The annual fee for running this system is $918 million a year, or […]

New Delhi: Delhi electricity distribution company (discom) BSES on Monday announced it has entered into a significant cooperation agreement with state-run Business Finland for inducting state-of-the-art technology into the Indian distribution sector. BSES has signed a MoU with the Finnish government for infusing cutting edge technology, conducting research and knowledge sharing, the discom said in […]

For the first time since it began rating sectors, Moody’s Investors Service has downgraded its overall outlook of the U.S. utility sector. The rating agency dropped credit from stable to negative for 24 utilities and from positive to stable for one utility, American Electric Power Company. Moody’s said the change reflects uncertainties from the tax […]

The reform of the electricity sector in Ukraine is more important that the transformation of the gas sector, European Commission Vice President Maros Sefcovic said on Friday at a conference entitled “Electricity Sector Reform in Ukraine – Combining the Energy Transition & European Market Integration” held in Brussels. He said that today that the main […]

Wind and solar have a 50% chance for global energy generation by 2050, this is according to the Bloomberg New Energy Finance (BNEF)’s New Energy Outlook (NEO) 2018, published this week. This year’s outlook is the first to highlight the huge impact that falling battery costs will have on the electricity mix over the coming […]