Islamabad, 20 September 2023: Pakistan-German Renewable Energy Forum (PGREF) and Benchmark School, in collaboration with the Goethe Institute, organised an event for the inauguration of Benchmark School as a new Solar School. The event marked the official launch of the project at the school and its integration into the “Solar Schools” network, highlighting the successful installation of a solar system…
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ISLAMABAD: The government appears to be highly concerned about the runaway circular debt that amounts to a staggering Rs2.3 trillion but habitual defaulters have caused no less damage to the power sector as they owe over Rs2 trillion. These defaulters have widespread influence and are still receiving electricity from power distribution companies (DISCOs), though they have not paid bills since…
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ISLAMABAD: The Federal Board of Revenue (FBR) has informed the Senate Standing Committee on Finance that over Rs37 billion over-invoicing scam on import of solar panels would be dealt with under the Anti-Money Laundering Act (AML). The meeting featured a briefing by the FBR chairman and his team, shedding light on reports of massive money laundering by solar panel importers.…
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ISLAMABAD: The government has once again transferred National Energy Efficiency & Conservation Authority (NEECA) to Power Division from Ministry of Science and Technology due to ‘pressure’ from the World Bank. According to Cabinet Division, NECCA shall continue to be reflected against business of the Power Division in schedule–II of the Rules to Power Division. In September last year, the then…
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ISLAMABAD: The ex-Wapda distribution companies (XWDiscos) have sought the National Electric Power Regulatory Authority’s (Nepra) green light for collection of Rs1.829/unit additional charges from consumers in October. The request is in relation to the monthly Fuel Charges Adjustment (FCA) for August. Meanwhile, Rashid Mahmood Langrial, Power Division Secretary, shared updates on the ongoing power sector’s anti-theft campaign that started on…
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ISLAMABAD: K-Electric (KE) has expressed willingness to become partner in 3,000-MW Renewable Energy (RE) project of Saudi company M/s ACWA, which requires Government to Government (G2G) arrangement between Pakistan and Saudi Arabia. In response to a letter of Power Division of August 24, 2023, wherein the KE has been requested to provide its views with regard to the Expression of…
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ISLAMABAD: The Senate Standing Committee on Power has asked National Transmission and Despatch Company (NTDC) to stop remaining payment of all contractors and consultants of 765-kV double circuit transmission line of Dasu Hydropower station. The Standing Committee headed by Senator Saifullah Abro has also submitted its report to Chairman Senate Sadiq Sanjrani who directed the former to also share it…
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Official argues average tariff will remain Rs 42 or Rs 43 per unit as no substantial variation is expected in estimates of CDMP ISLAMABAD: The Power Division has shared the Circular Debt Management Plan (CDMP) with the International Monetary Fund (IMF) and the World Bank, which became the base for revision in base tariff including impact of Quarterly Tariff Adjustments…
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LAHORE: In a continued effort to combat gas theft, Sui Northern Gas Pipelines Limited (SNGPL) conducted raids in Punjab, Khyber-Pakhtunkhwa (K-P), and Islamabad, resulting in the disconnection of 163 illegal connections and the imposition of fines totalling Rs4.2 million. In Peshawar, the company disconnected 32 connections due to the direct use of gas and illegal connections, with a fine of…
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• Seek Rs1.83 per unit increase in Oct bills under fuel cost adjustment; lifeline, protected domestic consumers will be exempted• Rise sought even though 74pc of power generation in Aug attributed to cheaper fuels ISLAMABAD: Despite the nearly 26pc increase in annual base tariff already in place, and about 18pc quarterly adjustments in the approval process, there appears to be…
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