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Month: January 2022

Illegal appointment of NTDC chairman: LHC orders Cabinet Division to decide matter in 60 days

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The Lahore High Court has directed Cabinet Division secretary to decide within 60 days a matter regarding the alleged illegal appointment of chairman of the National Transmission & Dispatch Company (NTDC). Justice Tariq Saleem Sheikh issued the order disposing of a petition challenging the appointment of Naveed Ismail as the NTDC chairman. After arguing at length, the petitioner’s counsel stated…

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Federal govt’s permission sought: Punjab to begin development process on waste-fired power projects

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The Punjab government has sought permission from federal government to initiate process for development of waste-fired power projects of cumulative capacity of 150MW, in seven big cities under ARE Policy 2019. The permission has been sought by Managing Director, Punjab Power Development Board (PPDB) in a letter to Minister for Energy Hammad Azhar. The Managing Director also gave reference of…

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Karot power project connected to national grid

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Over 95% civil and electromechanical works of 720 megawatts Karot hydropower plant have been done and the project has entered into commissioning phase, two senior officials of Private Power and Infrastructure Board (PPIB) told Gwadar Pro. Karot HPP is among the early-harvest high-priority projects under the China-Pakistan Economic Corridor (CPEC) initiative. The run-of-river project has iconic importance being a source…

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PSO And Other Oil Companies Made Billions From Duty-Free Petrol Imports

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More than a dozen oil marketing companies (OMCs) recorded a surge in profit from the tax-free import of petrol from China in the last two years under the China-Pakistan Free Trade Agreement (CPFTA).Advertisement According to the documents available with ProPakistani, 15 OMCs availed the duty-free oil import facility under the CPFTA from 1 January 2020 to 1 January 2022. They…

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Power production hits record high

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Power production in Pakistan rose to a historic high at 136,572 gigawatt-hours (GWh) in 2021, apparently helping the authorities to reduce burden of capacity payments to electricity producers. Consumers, however, paid a price for the growth in power production as the cost of energy spiked 72.4% to Rs8.24 per unit (kilowatt-hour) in the winter month of December. Energy production increased 10.6% to…

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Karot Power Project declared among top performers by Nepra

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The National Electric Power Regulatory Authority (NEPRA) has declared 720MW Karot Power Project among the top performers.https://www.facebook.com/v2.9/plugins/quote.php?app_id=106170627023&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fx%2Fconnect%2Fxd_arbiter%2F%3Fversion%3D46%23cb%3Df30cf9b6e8dbe2%26domain%3Dnation.com.pk%26is_canvas%3Dfalse%26origin%3Dhttps%253A%252F%252Fnation.com.pk%252Ff3cb4fc3ead7148%26relation%3Dparent.parent&container_width=779&href=https%3A%2F%2Fnation.com.pk%2F22-Jan-2022%2Fkarot-power-project-declared-among-top-performers-by-nepra&locale=en_US&sdk=joey This was announced at the NEPRA CSR (Corporate Social Responsibility) Awards Ceremony held in Islamabad. The ceremony was held under NEPRA’s ‘Power with Prosperity’ initiative to highlight and appreciate the achievements of Pakistan’s major power producers and their community development initiatives. The Karot…

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