LAHORE: The Punjab government says the Auditor General of Pakistan’s `preliminary observations’ about the solar power project in Bahawalpur are not based on facts. The AGP report (published in Dawn’s March 24 issue) said its auditors have detected irregularities in the award of the engineering, procurement and construction (EPC) and operation and maintenance (O&M) contracts […]

PARIS- German spot power contract for day-ahead delivery soared on the wholesale market on Thursday on the back of forecasts showing a sharp drop in wind electricity generation. * The German baseload spot power price for Friday delivery gained 11.75 euros to 52.75 euros ($65.22) a megawatt-hour (MWh). * Electricity production from German wind turbines […]

PARIS – A nationwide strike has reduced French electricity generation by over three gigawatts (GW) on Thursday as gas and electricity sector workers join rail and public sector workers in a protest against planned reforms. French grid operator RTE said power production has been cut at French nuclear, coal and oil-fired generation plants totalling over […]