And the failure of the government in retaining the new FSRU will also cause maximum gas loadshedding in the winter season as it will not be able to use the additional capacity of 180mmcfd of FSRU Sequoia, said a senior official who attended the meeting held on August 19 in Islamabad on utilization of additional capacity available at both LNG…
Read MoreDay: August 24, 2021
TTP in disarray after funding from India stopped: Fawad
Information Minister Fawad Chaudhry said on Tuesday that the Tehreek-i-Taliban Pakistan (TTP) has been left in a state of “disarray” after Indian funding for the militant organisation had halted. “We should be satisfied to know with regards to the TTP that for the first time the process of Indian funding [to them] — which had been going on for a…
Read MoreNepra opposes sell-off of Discos, suggests PPP model
National Electric Power Regulatory Authority (Nepra) on Monday opposed privatisation of power Distribution Companies (Discos), suggesting that the companies should be run on the mode of Public Private Partnership (PPP). “The current system of Discos cannot work in the long run. Nepra is not satisfied with the performance of Discos but according to my personal opinion their complete privatisation is…
Read MoreMore power import from Iran likely
Pakistan has decided to increase import of electricity to 70MW from Iran to meet the needs of Gwadar even though an earlier plan to import additional electricity hit a snag due to US sanctions. Pakistan and China are developing Gwadar Port under the China-Pakistan Economic Corridor (CPEC) and the latter is also setting up a 300MW coalfired power plant. Pakistan…
Read MoreGovt defers approval of new IGCEP
A cabinet body on Monday deferred approval of a World Bank dictated new power generation capacity plan after governments of Khyber-Pakhtunkhwa (K-P) and Punjab raised issues of adverse impact of the plan on relations with China and economic growth. The meeting of the Cabinet Committee on Energy (CCOE) had been called to give approval of the Indicative Generation Capacity…
Read More