Dawn News/10-02-2020 ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has advised the wind power producers (WPPs)to explore the possibility of utilizing their sites and available land to set up solar-wind hybrid power projects with an eye on augmented capacity and to make their product economical. This has been proposed by the regulator to the […]

Business Recorder/07-02-2020 ISLAMABAD: The Danish wind turbine manufacturer Vestas -the world’s largest wind turbine maker, representing over 16 percent of the world wind turbine market -has shown keen interest in establishing Wind Turbine factory in Pakistan and started groundwork for exploring the feasibilities. This was revealed in a meeting of delegation of Vestas Company led […]

Mushtaq Ghumman/Business Recorder/06-02-2020 ISLAMABAD: Kohala Hydro Company Limited (KHCL) is still struggling for resolution of outstanding issues with the government of Azad Jammu and Kashmir (AJ&K) to keep investment on track under CPEC, well-informed sources told Business Recorder. Kohala Hydro Company (Pvt) LTD (KHCL), which will establish 1234MW hydropower project, has already provided the draft […]

Mushtaq Ghumman/Business Recorder/05-02-2020 ISLAMABAD: The visiting International Monetary Fund (IMF) on Tuesday discussed progress in energy sector reforms, circular debt, and power tariff fixation mechanism along with other issues, which are part of the program. There are indications that the Fund is urging the government to further adjust tariff to achieve full cost recovery for […]

Pakistan Today/03-02-2020 ISLAMABAD: Egypt’s Ambassador to Pakistan Ahmed Fadel Yacoub said Egyptian company El Sewedy Electric had expressed its intention of investing $500 million in Pakistan’s energy sector and had already completed the feasibility study in this regard. “It is one of the largest Egyptian companies that has investment in many countries,” he said, adding […]

Khaleeq Kiani/Dawn News/01-02-2020 ISLAMABAD: The government is working on a 25-year integrated energy plan to meet the country’s future needs, Special Assistant to the Prime Minister (SAPM) on Petroleum Nadeem Babar said on Friday. “We are working on a complete integrated energy plan for the next 25 years with an aim to ensure availability of […]

Business Recorder/01-02-2020 ISLAMABAD: The Pakistan Tehreek-e-Insaf (PTI) government has decided to curtail its involvement in liquefied natural gas (LNG) business while opening up this sector to private investors. Addressing an LNG conference held here on Friday, Special Assistant to Prime Minister on Petroleum Nadeem Babar announced that the federal government would not continue its footprint […]

Business Recorder/31-01-2020 ISLAMABAD: Hub Power Company’s 330MW Thar coal-fired power plant achieved financial closing on Thursday, signing of which was witnessed by the Minister for Power, Omar Ayub Khan, with other senior officials of Power Division, PPIB and the company. The financial closing documents for the 330MW mine mouth lignite coal power project at Thar […]

Shahbaz Rana/Business Recorder/29-01-2020 ISLAMABAD: The Privatisation Commission board on Tuesday pre-qualified 12 firms to bid for multi-billion dollar power plants and approved to hire financial advisers to sell stakes of Pakistan’s two blue-chip firms aimed at rising around Rs400 billion to meet the budget deficit reduction target. Headed by the privatisation minister, the PC Board […]

Energy Update Magazine/26-01-2020 KARACHI: The National Electric Power RegulatoryAuthority (NEPRA) has awarded generation licenses to two solar power plants being setup in Baluchistan with a cumulative generation capacity of 112.2MW, a statement said on Saturday. Licenses have been given to P&G Energy (Private) Limited, a subsidiary of of Vogt GmbH Germany, for its 62.2MW solar […]

The Express Tribune/22-01-2020 MULTAN: Punjab Minister for Energy Dr. Akhtar Malik said on Tuesday that the Punjab Power Generation Policy is in the finalstage. Addressing a meeting, the minister said the Punjab Solarization Programme was being completed on a war footing. Mentioning the achievements of the energy department during last year, he said a seven-megawatt […]

Sardar Sikander/Business Recorder/21-01-2020 ISLAMABAD: The Upper House of the Parliament on Monday unanimously passed ‘the Regulation of Generation, Transmission and Distribution of Electric Power (Amendment) Bill, 2019,’ a private member bill moved by Leader of the House in Senate Shibli Faraz, which seeks to grant the provinces the powers to nominate their representatives in National […]