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 50 billion, pending with the government of Sindh (GoS)…
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Provincial Minister of Local bodies Sindh, Nasir Hussain Shah, has assured industrialists of his help taking up the issue of gas outage in industrial areas of the city with the federal government. Speaking at a meeting of Korangi Association of Trade & Industry (KATI), he said that many of projects to improve connectivity would be start soon. He said that…
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Byco Petroleum Pakistan Limited is celebrating its Silver Jubilee. Byco was founded on 9 January 1995, and has become Pakistan’s largest oil refining company by installed capacity in the past quarter century. Byco has made untiring efforts to serve the nation and to achieve its mission of becoming Pakistan’s premier Oil Company despite facing serious obstacles in its path. Byco’s…
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Sindh Government on Thursday rejected any attempt of Federal Government to work out natural gas tariff by including RLNG into existing Weighted Average Cost of Gas (WACoG). This clear message has been sent by Chief Minister, Sindh, in a letter to Prime Minister Imran Khan in reaction to a recent media briefing by the Prime Minister’s special Assistant on Petroleum,…
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Abu Dhabi, United Arab Emirates, 10 January 2020 — More than 1,500 delegates and high-level participants including prime ministers, ministers, heads of international and regional organisations together with leaders from financial institutions and private sector entities will gather in Abu Dhabi tomorrow for the Tenth Session of the International Renewable Energy Agency (IRENA) Assembly. The decision makers will come together to accelerate the uptake…
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January 08, 2020: 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 Water and Power Development Authority (WAPDA) for purchase of power from NJHPCL. The agreement was signed by CPPAG CEO Abid Latif Lodhi, NJHPC CEO Engineer Brigadier…
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Dear Colleague, Happy New Year! Less than 6 weeks left to submit your paper to speak at the SAES 2020 technical Conference – From across the energy value chain the industry wants to hear from you about your successful projects, visionary strategies and innovative technologies. South America has a dynamic and ever evolving energy matrix. With record setting renewable energy investment…
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Energy Department Sindh has sought Pakistan Peoples Party (PPP) leadership’s intervention to end the existing gas crisis being faced by the consumers across the province. In separate letters to PPP Chairman Bilawal Bhutto Zardari and Senator Anwar Lal Dean, the Energy Minister Sindh Imtiaz Ahmad Shaikh has said that Sindh is facing crisis despite producing over 65 percent of the…
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The federal government has approved the equal distribution formula of LPG allocation in a bid to provide relief in commercial and domestic LPG cylinder prices. Under the new arrangements, all LPG marketing companies will receive equal volume of LPG gas from public and private sector LPG producing companies at approved base price of the Oil and Gas Regulatory Authority (OGRA).…
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ISLAMABAD: Amid an ongoing controversy over gas shortages, the federal government on Wednesday said the shortfall would almost double next year unless infrastructure constraints were phased out through cooperation of the stakeholders concerned, particularly Sindh. At a meeting of the Cabinet Committee on Energy (CCoE) presided over by Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez…
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