ISLAMABAD: The federal and provincial government as well as private consumers owe Rs 56.6 billion to Hyderabad Electric Company Limited (Hesco), which is already facing financial crunch due to higher than Nepra allowed transmission and distribution losses, less recovery of billed amount and insufficient tariff differential subsidy. A meeting of the Senate Special Committee on […]

BEIJING: The China-backed Port Qasim coal-fired power plant in Pakistan has generated more than three terawatt-hours of electricity as of June 25 since its inauguration at the end of last year. The plant is providing sufficient electricity supply for the country while optimizing its energy structure, which had previously depended on oil and gas, according […]

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is reviewing for potential revision the upfront tariff of 49 renewable energy projects that are eligible for financing under a revised scheme of the State Bank of Pakistan (SBP), an official says. The central bank has designed the revised scheme in an attempt to promote green banking […]

ISLAMABAD: Pakistan Electric Power Company (Private) Limited (Pepco) has initiated an inquiry into the conduct of Islamabad Electric Supply Company (Iesco) officials who are allegedly involved in embezzlement of Rs350 million by making excessive payments to contractors in two dozen contracts. Auditors had held responsible Iesco Project Director Chaudhry Shoukat Ali along with five other […]

ISLAMABAD: Pakistan and Germany have signed a memorandum of understanding (MoU) for establishing a renewable energy platform which is expected to solidify Islamabad’s efforts aimed at capitalising on the available potential for clean and green energy. Federal Minister for Energy Syed Ali Zafar, German Ambassador Martin Kobler and Power Division Secretary Rizwan Memon were present […]

ISLAMABAD: In line with efforts to promote renewable and domestic resources of energy, the National Electric Power Regulatory Authority (Nepra) has approved the grant of power generation licence to Lahore Xingzhong Renewable Energy Company Limited. The company will set up Pakistan’s first waste-to-energy plant with 40-megawatt production capacity in Lakhodair, Lahore district. It will deploy […]

KARACHI: President Pakistan Businessmen and Intellectuals Forum (PBIF), Mian Zahid Hussain has suggested that competitive energy tariff should be given to export sector in accordance to the competitors in the region including China, Bangladesh and India where energy tariff is half compared to Pakistan. He said that Ministry of commerce and FBR should waive regulatory […]

ISLAMABAD: Pakistan’s third regasified liquiefied natural gas-based independent power project (IPP) of 1,223MW has been completed and is expected to start commercial operation by the end of July, the Private Power and Infrastructure Board (PPIB) said. The project — located in Balloki, Kasur — was initiated in Nov 2015 and completed at a cost of […]

FAISALABAD: Cheap, environment friendly and renewable energy is imperative for sustained industrial development however; we must take immediate and appropriate measures to increase its production in addition to ensuring its conservation, said Shabbir Hussain Chawla President Faisalabad Chamber of Commerce & Industry (FCCI). He was addressing the opening session of a 3-day workshop on “Energy […]

KARACHI: The Sindh High Court (SHC) issued on Thursday notices to a Pakistan Peoples Party (PPP) candidate, Ghulam Murtaza Baloch, the Election Commission of Pakistan (ECP) and others on a petition filed by K-Electric (K-E) against the candidate. A two-member bench heard the K-E petition in which the power utility had claimed that Baloch was […]

ISLAMABAD: A Senate panel headed by Senator Nauman Wazir Khattak Wednesday directed the Power Division to make Distribution Companies (Discos) autonomous in real terms, allowing them to enforce loadshedding in proportion to losses and stop supply to those who steal electricity. These recommendations of a single-member panel came during a meeting convened to discuss line […]

The scale and extent of the appalling performance by the energy sector was yet again revealed during a recent briefing by distribution companies (Discos) to the Senate Standing Committee on Energy as well as the Ministry of Finance. This acknowledgement has prompted Ali Zafar, the caretaker minister for energy, to state in the Senate as […]