Year: 2021

Coal handling capacity to increase at Port Qasim

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To coincide with the pace of growth in the cement industry, Pakistan International Bulk Terminal (PIBT) has announced it plans to increase its coal-handling capacity at Port Qasim in Pakistan at a ‘marginal cost’ of up to US$70m over 2-3 years. The increase in demand for imported coal is primarily attributed to economic recovery driven by the relief measures taken by the Government of Pakistan (GOP) to mitigate the effects of COVID-19, which include a favourable package for construction, lower interest rates and subsidised loans for housing by the government.…

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Wapda records highest peak-hour hydel generation at 8,854MW

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The Water and Power Development Aut­hority (Wapda) says it recorded 8,854 megawatts of hydel power generation on Sunday night — the highest peak-hour hydel generation of the year so far, and 1,277MW more than the level achieved on the same day last year. The generation included 4,926MW by the Tarbela hydel power station, which is 38MW more than the ins­talled capacity of 4,888MW. “Last year (Sept 12 night), our maximum hydel generation was 7,577MW that we surpassed on Sept 12 night of 2021 by generating 8,854MW,” Wap­da Chair­man retired Lt…

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SSGC announces four-day gas suspension for CNG outlets

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The Sui Southern Gas Company Ltd (SSGCL) on Monday announced that it will suspend gas supplies to all the CNG stations across Sindh and Balochistan from midnight Sept 14 for four days. The company said supplies to CNG stations will be restored from 8am (Sept 18). The decision to suspend gas supply to CNG outlets was taken due to dry-docking (change of FSRU at Engro Terminal) that would take place from Sept 14 to 17. As a result, SSGC’s RLNG intake would be reduced from 150 to 75mmcfd. Domestic and…

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Cheaper winter tariff approved for electricity consumers

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The Cabinet Committee on Energy (CCoE) on Monday approved cheaper winter tariff for electricity consumers on incremental consumption and cleared a controversial payment of about Rs131 billion to 11 independent power producers (IPPs) of the 2002 power policy — barring Nishat Chunian. The meeting, presided over by Planning Minister Asad Umar, also cleared the Pakistan Oil Refining Policy, 2021, with certain conditions to reduce incentives for existing refineries owing to strong observations by the planning and finance ministers and did not take a decision on the Asian Development Bank-funded smart…

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China’s hydro storage plan aims to boost renewable energy use

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China released a plan on Thursday that sets out measures to develop its pumped hydro storage system by 2035, in an effort to boost renewable energy consumption and ensure stable grid operation. It aims to launch more than 62 gigawatts (GW) of pumped hydro storage in 2025 and 120 GW in 2030, while establishing globally competitive companies that use advanced technology as industry leaders by 2035, the National Energy Administration (NEA) said.

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