The world’s largest offshore wind farm, the Dogger Bank Wind Farm in UK waters, has achieved first power and started sending electricity to the UK national grid, the developers of the project said on Tuesday, hailing the major milestone at the offshore wind farm whose construction continues. Dogger Bank Wind Farm, with a total capacity of 3.6 gigawatts (GW), is being constructed…
Read MoreDay: October 11, 2023
Employees of power sector entities: Nepra opposes free electricity, monetisation
ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has opposed free units or monetisation to employees of power sector entities and WAPDA, saying that employees should be given utility allowance like other public sector organisations instead of allowing units or their monetisation. These comments were offered by Nepra on a summary of Power Division titled “monetisation of free electricity units admissible…
Read MoreMassive hike in gas tariffs now seems inevitable
ISLAMABAD: The government is all set to increase effective gas prices for non-protected domestic consumers by up to 129 percent, bulk 25 percent, commercial 136 per cent, export industry 71 percent, non-export industry 117 percent, CNG 144 percent, cement 193 percent and Liberty Power 62 percent, sources close to Secretary Petroleum told Business Recorder. To be applicable from October 1, 2023,…
Read More‘SIFC initiatives must trickle down to each province’
QUETTA: Initiatives taken by the Special Investment Facilitation Council (SIFC) at federal level should have a trickle-down effect in each province, Caretaker Prime Minister Anwaarul Haq Kakar said on Tuesday. He was speaking in Quetta at Balochistan’s apex committee meeting, also attended by Army Chief Gen Asim Munir, Federal Interior Minister Sarfraz Ahmed Bugti, Balochistan Chief Minister Ali Mardan Khan…
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