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Category: News

NEWS

DISCOS (Distribution Companies) in Punjab have started charging increased rates from exporting industries. Earlier, the tariff was set at Rs 10.62 per KWh. Now it has gone north of 20 Rs per KWh. This increase in rates happened because of roll-back of the zero-rating program promised by the government. As a result, DISCOS have added […]

NEPRA (National Electric Power Regulator Authority), in its State of Industry Report 2018, has expressed reservations about affordability of electricity. NERPA pointed out the requirement to build 100 KM of transmission line from Afghan Border to Peshawar. In addition, a 1300 MW converter station will have to be constructed at Peshawar. This would be expensive […]

Universal Gas Distribution Company Pvt Ltd (UGDC), represented by its CEO Mr. Ghiyas Abdullah Paracha, has inked an agreement with Exxon mobile to import LNG into the country. The ceremony was attended by Special Assistant to Prime Minister on Petroleum Nadeem Babar, ExxonMobil LNG Market Development Chairman Alex Volkov, Market Development President Irtiza Sayyed, ExxonMobil […]

Sindh government and Enertech are signing an MOU with a 50 MW “Waste to Energy” project with a scalability. The project aims to tackle Karachi’s garbage crisis and power crises in one fell swoop.

Engro Powergen Thar (Private) Limited (EPTL) declared its COD for the first phase of the Thar Coal Power Project. The 660 MW power generation facility is composed of two 330 MW generation units. Both of these units have already been synchronized with the national grid. With the completion of relevant testing, EPTL was happy to […]

National Electric Power Regulatory Authority released a report that placed a price of Rs 45 Billion rupees from electricity theft and other damages during the fiscal year of 2017-18. This financial loss is said to have occurred throughout the various DISCOS in the economy. The report also divulged other interesting facts about the state of transmission […]

Engro Elengy Terminal Pakistan Limited has decided to retire its 690 million cubic feet per day terminal and replace it with a new terminal having a capacity of 790 million cubic feet per day. The older unit was imported from Kuwait where it was already used to Re-gasify imported LNG. Replacement of the Floating storage and […]

Some key figures were released by K-Electric’s board of directors. The company’s financial yearly audits have been behind schedule for the last two years. This back log has been the subject of a lot of controversy among shareholders and industry watchers alike. The financial results were issued to PSX by the Board of Directors. The […]

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Mahmood Khan has directed Peshawar Electric Supply Company (PESCO) to upgrade grid stations and transmission lines noting that the existing system doesn’t have the capacity of required power supply and collapse from time to time. He was presiding over a meeting on unjustified load-shedding, people outrage because of the abrupt […]

ISLAMABAD: The gas companies on Monday asked the government to pass on the impact of higher gas costs to consumers to dissolve a Rs123 billion circular debt that had caused a serious cash flow problem for the entire gas production and distribution sector. The chief executives of two gas utilities — Sui Northern Gas Pipelines […]

ISLAMABAD: Ex-Wapda distribution companies (Discos) have sought an increase of about 63 paisa per unit in consumer tariff on account of monthly fuel price adjustments due to currency devaluation, rising international oil prices and other changes in benchmarks. The National Electric Power Regulatory Authority (Nepra) will take up for public hearing on Aug 29 a […]

PESHAWAR: Speaker, National Assembly, Assad Qaisar Saturday said that projects of electricity and gas provision would be completed in the district and every household would be provided basic amenities of life. Addressing public meetings in Swabi Khas, Kaala, Gulu Dehri areas of the district, he said ensuring basic amenities of life is among the topmost […]