ISLAMABAD: Water and Power Development Authority (Wapda) has sought a tariff increase of Rs 13.24 per unit for 969 MW Neelum Jhelum Hydroelectric Project, whose cost has been increased from less than Rs 100 billion to over Rs 500 billion due to mismanagement. The tariff petition filed by Wapda came under consideration at a public […]
NEWS
KARACHI: The National Electric Power Regulatory Authority (Nepra) has revised down the tariff for electricity produced through burning municipal solid waste by Rs0.19 per unit to Rs10.31, as it removed errors found in the first ever tariff announced in January 2018. The levelised tariff, which in US dollar denomination was reduced to 9.82 cents per […]
ISLAMABAD: The rising gap between the consumers-end billing and collection, tariff differential subsidy claimed from government, collection of GST by the Federal Board of Revenue (FBR) on assessment instead of actual collection, and transmission as well as distribution losses have been cited as main reasons behind circular debt in the power sector. This was disclosed […]
ISLAMABAD: Top management of Islamabad Electric Supply Company (Iesco) is trying to bail out company officials that have been involved in a Rs350-million scam pertaining to the purchase of poor-quality material for rehabilitating and expanding infrastructure. Sources told The Express Tribune that senior management of Iesco was making efforts to settle audit objections made by […]
SLAMABAD: Sui Gas Companies – SNGPL and SSGCL are reportedly facing default like situation against international suppliers of RLNG due to delayed or non-payment by the power sector, well informed sources in Petroleum Division told Business Recorder. Power Division has been providing RLNG demand of power plants since 2017 based and LNG is being imported […]
ISLAMABAD: Briefing Prime Minister Nasir-ul-Mulk on the water and hydropower projects in the country, Water and Power Development Authority (Wapda) Chairman Muzammil Hussain said on Monday that the construction work on Diamer-Basha and Mohmand dams will begin during the current fiscal year. Mr Mulk was informed that the Daimer-Basha dam is located on Indus River, […]
ISLAMABAD: M/s Fatima Energy Limited (FEL) which established a 120 MW bagasse/ coal-fired power plant in Muzaffargarh with an investment of Rs 32 billion is reportedly not being provided level playing field due to “unseen” hurdles in concerned ministries, well informed sources told Business Recorder. In a letter to Secretary Power Division, Rizwan Memon, the […]
Before the 2013 general elections, energy shortages and loadshedding were among the top most challenges facing the country, and the major political parties — PML-N, PPP and Pakistan Tehreek-i-Insaaf (PTI) — laid out steps in their manifestos to overcome them as a top priority besides reforming the governance structure of the sector. Five years down […]
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has determined consumers-end tariffs of Multan Electric Power Company (Mepco) for 2016-17 and 2017-18 and Quetta Electric Supply Company Limited (Qesco) for 2016-17. According to Nepra based on the projected sales of 17,920 GWh for the FY 2017-18, the Mepco’s average sale rate has been worked out […]
LAHORE: In yet another significant development, the contribution of Neelum Jhelum Hydropower Project to the national grid has increased to 484MW, as two units of the project (Unit No. 2 and Unit No. 3) are now generating power to their maximum capacity. After successfully completing the reliability period, the Unit No. 3 has been formally […]
KARACHI: The 500 KW Gird Tie solar power system and plantation drive were yesterday inaugurated at Hamdard University Karachi Main Campus. Speaking on the occasion, after inaugurating the solar power plant and planting a sapling at Hamdard University main campus, the chief guest and CEO of PRETTL Company, Germany, Steffen Theirfelder said that Germany had […]
ISLAMABAD: The government has failed to outsource high losses feeders of power distribution companies owing to poor response and resistance by the employees, it is learnt. Sources said that past experience of outsourcing high loss feeders of power distribution companies – Multan Electric Power Company, Lahore Electric Power Company, Hyderabad Electric Power Company and Peshawar […]