National Electric Power Regulatory Authority (Nepra) has notified Quarterly Tariff Adjustment (QTA) of Rs 1.65 per unit to be effective from October 1, 2021 for consumers using up to 700 units per month which has replaced previous QTA of Rs 1.62 per unit, posting an increase of paisa 3 per unit. According to Nepra, the Authority has determined QTA of…
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Nepra (National Electric Power Regulatory Authority) has just released its State of Industry Report for 2020-21. This is a report of outstanding quality which has been produced annually since 2006. It contains in a very detailed manner all the key facts on the power sector and their analysis. Hopefully, one day reports of similar quality will be prepared by other…
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Amid an unprecedented rise in the price of LPG cylinder of 11.8 kg that currently stands at Rs2,436 as per Ogra’s latest notification, which may further rise during the forthcoming winter season on account of increasing demand and supply gap, the Petroleum Division has geared up its endeavours to revive the Jamshoro Joint Venture Limited LPG and NGL extraction plant.…
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Many companies from the Netherlands are eyeing investment in the projects of solid waste energy in Pakistan, said Ambassador of Netherlands to Pakistan Wouter Plomp. In a meeting with Federal Minister for Energy Muhammad Hammad Azhar, the envoy said that Dutch companies had expertise in effectively using domestic and agricultural waste to produce cheaper electricity. During the meeting, the federal…
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Sui Northern Gas Pipelines Ltd (SNGPL) posted earnings of Rs8.9 billion in the first nine months of 2020-21, up 54.7 per cent from a year ago, according to a notice on the Pakistan Stock Exchange (PSX) on Monday. In addition to the simultaneous release of the financial results for October-December 2020 and January-March, the gas distribution company also announced an…
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Chairman of National Business Group Pakistan and President Pakistan Businessmen and Intellectuals Forum, Mian Zahid Hussain has said energy crisis is to shrink global GDP, increase poverty and degrade the environment. The global energy crisis is resulting in the increased price of petrol, diesel, gas and coal but coal has seen the highest price surge which is up to 200…
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Qatar ordered four new liquefied natural gas tankers worth more than 2.8 billion rials ($762 million) from a Chinese shipbuilder, as demand for the fuel booms. State energy firm Qatar Petroleum said Sunday the vessels will be built by Hudong-Zhonghua Shipbuilding Group Co., a subsidiary of China State Shipbuilding Corp. It’s the first time QP has ordered LNG carriers from…
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Despite clear instructions from the Prime Minister of Pakistan to energy sector stakeholders to ensure that Liquefied Petroleum Gas (LPG) prices remain affordable for the poor, it seems it will still be a long winter for the poorest sections of the society. Sources in the LPG industry are fearing that without immediate intervention of the government the price for this…
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An explosive data of offshore companies is set to hit global headlines today (Sunday) other than sending shockwaves through the power centers in Pakistan. The leaked document will uncover the best-kept financial secrets of the rich and powerful of this world while naming names of the current and former leaders of different countries, public officials, billionaires, good and bad guys…
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British Prime Minister Boris Johnson said that the country’s fuel shortage could continue until Christmas, which many analysts had expected. What you have at the moment is a shortage of truck drivers, and the shortage of truck drivers affects the whole world – there’s even a shortage of truck drivers in China” he added, during an interview with BBC News.…
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