The US Senate Committee on Environment and Public Works (EPW) has approved a bipartisan bill that, among other provisions, advances the federal initiative to establish a US national strategic uranium reserve. Under the American Nuclear Infrastructure Act (ANIA), the US Department of Energy will be restricted to only buy uranium recovered from facilities licensed by the Nuclear Regulatory Commission or…
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LAHORE – In a major development, Sui Northern Gas Pipelines Limited (SNGPL) has announced significant reduction in UFG and volumetric losses of the company. The company has declared 1.60% and 1,576 MMCF reduction in UFG losses and volumetric losses against targets of 1.25% and 1,425 MMCF respectively. The company spokesperson said that this translates into financial savings of Rs. 755…
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ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 5th Dec, 2020 ):Islamabad Electric Supply Company (IESCO) on Saturday notified a power suspension programme for Sunday in various areas of the region due to necessary maintenance and routine development work. According to IESCO Spokesman, the power supply of different feeders and grid stations would remain suspended for the period from…
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ISLAMABAD: As many as 53 independent power producers (IPPs) that signed MoUs with the government providing estimated relief of Rs836 billion in their remaining period of PPAs, have got irritated on the non-seriousness on part of the Power Division in finalising payment mechanism for offloading dues of Rs462 billion and implementation of their recommendations mentioned in MoUs. The IPPs also…
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ANALYSTS often highlight the need for capable leadership in Pakistan’s energy ministry. Those at the helm of decision-making have persistently succeeded only in strengthening that view. The unceremonious and abrupt reshuffling of the Power Division recently indicated how the federal government was struggling to get a handle on the sector’s state of affairs. Now there’s a new special assistant to…
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Sui Southern Gas Company and the National Transmission & Despatch Company (NTDC) have linked the signing of Gas Supply Agreement (GSA) and Power Purchase Agreement (PPA) with K-Electric to the clearance of their outstanding dues of Rs253 billion. SSGC wants K-Electric to guarantee the payment of Rs103 billion prior to the GSA while NTDC also needs clearance of its Rs150…
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