The United States, through the U.S. Agency for International Development (USAID), today announced an additional $30 million in life-saving humanitarian assistance to support people and communities affected by severe flooding in Pakistan. Pakistan’s government has declared the floods a national emergency, with 66 districts declared to be “calamity hit.” The United States is deeply saddened by the devastating loss of…
Read MoreDay: August 31, 2022
Opening of L/Cs: PPIB urges SBP to facilitate IPPs
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…
Read MoreKE LODGES 10 FIRS AGAINST MISCREANTS INVOLVED IN ATTACKS ON OFFICES
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…
Read MoreSHC issues notices to Nepra, KE on plea against overbilling, FAC
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…
Read MoreNTDC MD’s controversial stay in office: Senate panel tells PD to take action against ‘facilitators’
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…
Read MoreGas Subsidy To Captive Power Plants Termed Discriminatory, Unjust
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…
Read MoreThar coal power plants to hit 2,000MW target in 2023
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…
Read MoreSigh of relief: Nepra approves Rs3.63 per unit cut in KE tariff
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).…
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