ISLAMABAD: A parliamentary panel was informed on Thursday that Tehran has halted power supply to Balochistan following rising domestic demand in Iran due to a heat wave. The Senate Standing Committee on Power in its meeting was informed that Iran had been exporting 80MW of electricity to Balochistan but stopped supply due to rising domestic […]
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ISLAMABAD: Iran has stopped 80MW power supply to Pakistan, seriously affecting businesses and livelihood of millions of people in the entire Makran region, including Gwadar, Pasni, Turbat and Panjgur. Pakistan is importing about 100MW from Iran under long-term contracts at about Rs11.57 per unit to meet electricity demand in the coastal region having no access […]
ISLAMABAD: Incoming federal government of Pakistan Tehreek-e-Insaf (PTI) will revamp all regulatory bodies by making them completely autonomous. These bodies are currently working under different line ministries. Background discussions with different PTI leaders revealed that the overarching objective of the next PTI government would be to strengthen institutions, especially regulatory bodies. The previous PML-N government […]
ISLAMABAD: The Senate Special Committee on Circular Debt has emphasised that both the government and people of the country should be sensitised to the circular debt of Rs566 billion and the problem must be addressed immediately. The Ministry of Energy (Power Division) proposed that in order to eliminate the circular debt, it was necessary to […]
ISLAMABAD: A legal battle has begun between K-Electric and the federal government over implementation of a tariff decision taken by the National Electric Power Regulatory Authority (Nepra). While considering a review petition, the power-sector regulator had turned down K-Electric’s plea for a significant increase in its multi-year tariff and had raised it by only Rs0.05 […]
LAHORE: The National Transmission and Despatch Company (NTDC) on Wednesday connected Engro’s 660MW coal-fired power plant (Thar) with national grid after it completed a mega project of laying 500kV double circuit quad bundle transmission line originating from Jamshoro. “We have laid a 282km long transmission line within two and half years,” NTDC’s Managing Director Zafar […]
LAHORE: In a major development, the National Transmission and Despatch Company’s Managing Director Zafar Abbas resigned from the office on Wednesday. The Power Division, after accepting resignation of Mr Abbas, entrusted Additional Secretary Dr Aamer Ahmad Khan with the additional charge of NTDC. Official sources in the energy ministry said that Mr Abbas resigned citing […]
ISLAMABAD: The fresh flow of circular debt has built up to Rs566 billion in addition to old stocks of about Rs500bn parked in a special purpose vehicle, accumulating the total liability to about Rs1.066 trillion. This was reported to a special committee of the Senate on circular debt by the Power Division at a meeting […]
ISLAMABAD: The government to be led by Imran Khan is to focus on power sector’s recovery, transmission and distribution losses, which have made it highly unsustainable by replacing bureaucrats with technical experts. Presently, power sector sector’s circular debt has crosses Rs1 trillion mark of which Rs 500 billion is parked in the books of PHPL, […]
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has painted a dismal picture of power sector during the tenure of previous Pakistan Muslim League-Nawaz (PML-N) government primarily due to higher losses, lower recovery of consumer bills, growing circular debt and swelling capacity payments to electricity producers. In its State of Industry Report 2017, Nepra suggested […]
LAHORE: National Power Parks Management Company Limited (NPPMCL), Harbin Electric International Company Limited (HEI) and GE (NYSE: GE) have announced completion of the Balloki power plant, following the successful conclusion of all commissioning works and performance-related tests. According to NPPMCL Manager (Corporate Communications) Hassan Ali here Sunday that the company’s Chief Executive Officer Rashid Mahmood […]
ISLAMABAD: Despite historic addition to power generation capacity, the country’s power sector continues to be in a dismal state and is facing major challenges of sustainability and affordability. This has been concluded by the National Electric Power Regulatory Authority (Nepra) in its flagship State of the Industry Report 2017 in which it also complained of […]