A view of K-Electric’s head office in Karachi. — K-Electric website/file Nepra criticizes KE’s dependence on NTDC for supplies. Calls launched to revoke KE generation license. The company is seeking an FCA refund of Rs 4.96 per unit. ISLAMABAD: Karachi residents and industrialists expressed their frustration with K-Electric (KE) at a public hearing on Wednesday, … Read more
Federal Minister for Energy (Power Division) Awais Leghari gestures during an interview in this undated photo. — X/Government of Pakistan The government is looking at captive and bagasse power plants for cost savings. Domestic electricity rates are already reduced by Rs4 per unit. Minister criticizes K-Electric’s Rs 500 billion profit claim. ISLAMABAD: Federal Minister for … Read more
An aerial view of a unit at the Chashma Nuclear Power Plant (CNPGS). — PAEC Website/File The plant’s financing structure includes 19% equity and 81% debt. Project cost of Rs 1.125 billion includes EPC cost of Rs 965.8 billion Return on equity was sought at 14.50% per annum. The National Electric Power Regulatory Authority (Nepra) … Read more
ISLAMABAD: The Senate Standing Committee on Industry and Production on Thursday asked whether the government would purchase power from solar consumers at Rs 9 per unit, while expressing concerns over “potential lobbying by independent power producers (IPPs) )” against solar policy. The upper house panel met under the chairmanship of Senator Aon Abbas Buppi to … Read more
A representative image of the flames of a lit gas stove. — AFP/File A 50% cutoff replaces a complete disconnection during the peak winter months. GSA Clause 1 invoked for supply on “as available” basis. Industries are encouraged to maintain double shot agreements. KARACHI: The Sui Southern Gas Company (SSGC) has announced a 50% reduction … Read more
Prime Minister Shehbaz Sharif chairs a meeting to assess and discuss the country’s future electricity and power plans in Islamabad, December 13, 2024. — APP The PM orders the transfer of electricity generation capacity to solar energy. Calls for the immediate closure of inefficient power plants. Orders action against officials who deliberately obstruct reforms. ISLAMABAD: … Read more
Electricity transmission towers are pictured in Karachi on July 26, 2022. — Reuters The project will include the installation of advanced metering infrastructure. At least 25 network stations are to be built and upgraded in Lesco. The voltage of four stations on the Sepco network will be increased to 132 kV. ISLAMABAD: The Asian Development … Read more
Syrian rebels seize Damascus during regime takeover – CBS News Watch CBS News Syria’s long civil war reached a climax this weekend when Syrian rebels entered the capital Damascus and President Bashar al-Assad’s government collapsed. Russian state media later reported that Assad and his family had fled to Moscow. Elizabeth Palmer has details. Be the … Read more
A representative image showing electricity pylons on March 30, 2022. — Reuters Energy sector reforms face economic hurdles: Awais Leghari. The country is still grappling with the consequences of past IPP contracts, he adds. He deplores the financial burden weighing on the system due to net billing system. ISLAMABAD: Energy Minister Awais Ahmad Khan Leghari … Read more