Power sector: the regulatory discontent

Public hearings were held by the National Electric Power Regulatory Authority (Nepra) recently on the Indicative Generation Capacity Expansion Plan (IGCEP) and allied issues. There was considerable controversy and discontent. There are two major issues that are under deliberation these days, which have a bearing on each other: Competitive Trading Bilateral Contract Market (CTBCM – a competition framework in the…

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Ministry seeks action over violation of terms for LNG supply

As background engagements continue to call another special meeting of the Cabinet Committee on Energy (CCoE) to allow replacement of Engro’s LNG terminal for maintenance and statutory inspections, the Ministry of Maritime Affairs has demanded imposition of penalties on Engro for “violating the terms and conditions and jeopardising the energy security of Pakistan”. Informed sources said the second special meeting…

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Power Division, GIZ Pakistan sign IA for REEE II project

Power Division and M/s GIZ Pakistan on Friday signed a new Implementation Agreement (IA) under which the latter will conduct Renewable Energy and Energy Efficiency (REEE II) project aimed at providing technical support to Power Division and its associated Alternative Energy Development Board (AEDB). The objective of the project is to contribute effectively to the energy transition in Pakistan. The…

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China launches probe into coal prices, will crack down on speculation

China’s state planner and market regulator have jointly launched an investigation into coal prices and will crack down on speculation and hoarding, the country’s economic planning agency said on Friday. Reuters last week reported that a team of inspectors from five government departments, including the National Development and Reform Commission (NDRC) planning agency and the state market regulator, visited major…

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