Energy Update Magazine/17-01-2020 ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA) on Wednesday launched Minimum Energy Performance Standards (MEPS) delivering the Transition to energy efficient lighting residential, commercial industrial and outdoor sectors in Pakistan The National Energy Efficiency and Conservation Authority (NEECA) on Wednesday launched Minimum Energy Performance Standards (MEPS) delivering the Transition to […]

Business Recorder/16-01-2020 From its share in power generation in the previous years to its high price as a fuel cost and its repercussions on the environment, furnace oil has been a troublemaker. It started when the furnace oil started being replaced in the power generation mix by coal and RLNG, and it made sense, as […]

Business Recorder/14-01-2020 ISLAMABAD: Minister for Power Division Omar Ayub Khan onMonday informed the National Assembly that a Saudi power producing company, ACWA Power, would invest around $4 billion in the country’s renewable energy sector. He said that generation of cheap electricity utilizing indigenous renewable energy resources including wind, solar, waste to energy biomass is amongst […]

Mushtaq Ghumman/Business Recorder/13-01-2020 ISLAMABAD: M/s Hub Power Company (Hubco) is likely to carve out two units of the Hub plant from the Power Purchase Agreement (PPA) and novate them to Karachi Electric (KE), well-informed sources told Business Recorder. M/s Hubco has written a letter to CPPA-G regarding conversion of twoResidual Fuel Oil (RFO) based units […]

Abdul Rasheed Azad/Business Recorder/11-01-2020 ISLAMABAD: Federal Secretary Power Division Irfan Ali hassaid that the government generated overall additional revenue of Rs. 229 billion from the distribution companies (DISCOs) in between October 2018 to October 2019. While briefing the subcommittee of the Public Accounts Committee, which met here under the chairmanship of Senator Shibli Faraz, Irfan […]

Energy Update Magazine/10-01-2020 ISLAMABAD: A tripartite Interim Power Purchase Agreement (PPA) of Neelum Jhelum Hydropower Project (NJHPP) was signed today among Central Power Purchasing Agency (Guarantee) Limited (CPPAG), Neelum Jhelum Hydropower Company Limited (NJHPCL) and Waterand Power Development Authority (WAPDA) for purchase of power from NJHPCL. The agreement was signed by CPPAG CEO Abid Latif […]

Mushtaq Ghumman/Business Recorder/10-01-2020 KARACHI: Chief Executive Officer (CEO) Karachi Electric (KE), Moonis Alvi on Thursday said that the power utility’s unpaid receivables are a serious threat to investments in power projects in Karachi. Talking exclusively with Business Recorder, he said that K-Electric has launched an appeal for the recovery of dues of more than Rs […]

The Express Tribune/07-01-2020 ISLAMABAD: The government approved six projects costing Rs216.4 billion, including four schemes that were being executed but their construction cost had jumped significantly due to ill-planning, scarcity of funds and flawed implementation strategies. Headed by Adviser to Prime Minister on Finance Dr Abdul Hafeez Shaikh, the Executive Committee of the National Economic […]

Energy Update Magazine/07-01-2020 ISLAMABAD: In a new development, the federal government has approved merger of two state-run LNG companies —Pakistan LNG Terminal Limited (PLTL) and Pakistan LNG Limited (PLL). Both the companies dealing with LNGwill be merged into single entity as autonomous body. According to a senior official, the new entity after the merger of […]

Dawn News/02-01-2020 KARACHI: The financial close of the 1,320 megawatts (MW) power plant in Block-I, expansion of Block-II for installation of another 660MW power plant are milestones in development of Thar coal towards achieving energy self sufficiency for the country, said Sindh Chief Minister Syed Murad Ali Shah. Speaking at the Conference on Public Announcement […]

The Express Tribune/28-11-2019 ISLAMABAD:  Special Assistant to the Prime Minister on Petroleum and Chairman of the Energy Task Force gave a briefing on the government’s power sector privatization policy at a meeting of the National Assembly’s Standing Committee on Privatization chaired by PPP’s Syed Mustafa Mahmud. According to his viewpoint, the power distribution companies cannot […]

Business Recorder/27-11-2019 ISLAMABAD: The Neelum Jhelum Hydropower Company (NJHPP) is expected to go into default after December because of the dilly-dallying approach of Central Power Purchasing Agency Guarantee (CPPA-G) in signing power purchase agreement with NJHPP. The NJHPP is Rs. 500 Billion investment projects of Government of Pakistan with the fundamental objectives of providing sustainable […]