Month: August 2022

Private Power & Infrastructure Board (PPIB) has urged the State Bank of Pakistan (SBP) to facilitate Independent Power Producers (IPPs) in opening Letters of Credit (L/Cs) to timely carry out periodic and breakdown maintenance of generation plants and machinery and to fulfil its contractual obligations, official sources told Business Recorder. The Independent Power Producers, i.e., M/s Attock Gen Limited, M/s Saif…

K-Electric has registered at least 10 FIRs in different police stations in the last few days against people who attacked the power supplier’s offices and law enforcement authorities have also made several arrests after identifying culprits through various means, such as the CCTV footage from multiple sites of the company. Reiterating strict legal action against those intending to harm the…

The Sindh High Court (SHC) on Tuesday issued notices to the National Electric Power Regulatory Authority (Nepra), K-Electric and others on the Jamaat-e-Islami’s petition against “illegal” load-shedding, lack of power generation and collection of different taxes by KE from its consumers through the electricity bills. JI Karachi chief Hafiz Naeemur Rehman and others said KE has failed to discharge its…

The Senate Standing Committee on Power has directed the Power Division to take action against officials who facilitated continuation of Manzoor Ahmed as MD, NTDC after his retirement and a summary to be sent to the Cabinet for giving charge to any other officer for six months. According to minutes of the meeting held recently, the Committee observed that the…

Eight industrial associations of Kara­chi, while terming gas subsidy to cap­tive power plants discriminatory and unjust, has claimed that violation of gas supply priority list results in high­er fuel charge adjustments (FCA) for residential and industrial consumers. Eight industrial associations of Kara­chi collectively denounced the decision to supply captive power plants with subsidized indigenous gas, terming it a violation of…

Shanghai Electric’s Thar Coal Power Plant is set to start injecting electricity into the system, the country’s top energy executive said on Tuesday, while coal-fired projects’ generation is seen hitting 2,000MW this year. Thar Engro Coal Power Project has already become operational, and Shanghai Electric’s plant will also come online very soon,” said Federal Minister for Energy Khurram Dastagir Khan…

The National Electric Power Regulatory Authority (Nepra) on Wednesday approved a Rs3.63 per unit cut in electricity price for K-Electric consumers on account of fuel charges adjustment (FCA) for July 2022, reported Aaj News. The reduction was announced during the hearings held to review the FCAs for July 2022 and the second quarter of the year (April to June 2022).…

The government has raised the liquefied petroleum gas (LPG) rates by Rs20 per kg for the current month. The domestic LPG cylinder will now cost Rs 250, while the Rs50 per kg price increased in hilly, remote, and rural areas unjustifiably, and LPG price jacked up in rural areas by Rs.270 per kg. According to details, Oil and Gas Regulatory…