March 17, 2021 -

Pakistan- Solar power can fix chronic electricity outages in merged areas: study

March 17, 2021April 29, 2023 Admin

It is vital to rethink electrification strategy in the merged areas beyond Tribal Electricity Supply Company (TESCO) grid-connected operations and to help erect a vibrant, fair, and equitable market for a distributive generation that can supplement grid electricity, a study by the UNDP’s Merged Areas Governance Project (MAGP) suggests. Merged Areas Electrification Diagnostic Study was launched in an event held…

Punjab govt plans to convert all public sector power connections on solar energy

March 17, 2021April 29, 2023 Admin

Punjab government has a plan to shift all public sector electricity connections on solar energy in near future to promote clean and green energy vision of Prime Minister Imran Khan in the country. Official sources told APP here Tuesday that the provincial government had shifted 10,500 government schools on solar energy and now all the basic health units were being…

LNG charter rates drop to record lows, support strong US LNG dispatches this spring

March 17, 2021April 29, 2023 Admin

The S&P Global Platts assessed daily LNG tanker charter rates have dropped to an all-time low of $25,000/d for an Atlantic Basin tanker just two months after touching an all-time high of $300,000/d in January. The effective round-trip cost for an Atlantic Basin spot charter is now just $15,625/d, given that the ballast charge has also declined to around 25%.…

Special Economic Zones to be set up in Thatta, Chakwal to attract Chinese investment

March 17, 2021April 29, 2023 Admin

BEIJING, March 17 (APP): Dynamic Engineering and Automation (DEA) has launched two Special Zones (SEZs) at Pir Phato, Thatta and Padshahan, Chakwal districts and concluded negotiations with Chinese investors and companies to establish manufacturing facilities, global service centers, R&D labs and sales centers with estimated investment of US $5 to $7 billion. A number of multi-billion Chinese companies have confirmed…

Louisiana oil and gas industry in danger after President Biden cancels 80-million-acre oil lease sale

March 17, 2021April 29, 2023 Admin

This comes after President Joe Biden cancelled a March oil lease sale in the Gulf of Mexico. Nearly 80 million acres of available leases would have been sold this week. The damage to Louisiana’s oil and gas companies started in January when President Biden signed an executive order banning all new oil and gas leases on public land and waters…

Biden’s Energy Agenda To Reduce Oil Production And Boost Prices

March 17, 2021April 29, 2023 Admin

Joe Biden had a neat, nine-point plan for energy when he campaigned for president. He started putting this plan into action on his first day in the White House with the cancellation of the notorious Keystone XL pipeline and has since then continued with his tough stance on fossil fuels. The argument that this tough stance will, in fact, benefit…

Regularization of services: HESCO’s contract employees hold protest rally

March 17, 2021April 29, 2023 Admin

HYDERABAD: The contract employees of Hyderabad Electric Supply Company (HESCO) on Thursday staged a protest demonstration for regularization of services. HESCO employees led by Ali Gohar Chana, Shahid Jokhio, Shahid Jokhio, Zafar Jatoi and others took out rally opposite Hyderabad Press club for acceptance of their demand to regularize services as according to them, contract employees of Sukkur Electric Power…

KE committed to ensure fresh industrial connections’

March 17, 2021April 29, 2023 Admin

KARACHI: K-Electric is fully committed and engaged with industry stakeholders to ensure fresh electricity connections as well as load-enhancement for its industrial consumers. The power utility has prioritized its industrial customers and continues to do so following the recent decision of the Cabinet Committee on Energy (CCoE) to discontinue gas supply to captive power plants of non-export related industries. It…

Management issues caused countrywide breakdown: NTDC

March 17, 2021April 29, 2023 Admin

ISLAMABAD: An inquiry committee of the National Transmission and Dispatch Company (NTDC) has identified governance, ownership problems and poor chain of command for countrywide power breakdown early this year, but has absolved its own team of any responsibility. In its report, the four-member inquiry committee also quoted letters written by some of its members for improvement of the electricity generation system…

ECC may stop payments to IPPs

March 17, 2021April 29, 2023 Admin

SLAMABAD:The Economic Coordination Committee (ECC) is likely to approve the withholding of billions of rupees worth of payments to the independent power producers (IPPs) following an investigation launched by the National Accountability Bureau (NAB). The Inquiry Committee on Power has said that the IPPs had received excess payment of Rs1,000 billion. However, rather than demanding the return of payments, the…