Bonn (WWEA) – The year 2023 ended with a new record for new wind turbine installations: In total, the world added 116’065 Megawatt of new capacity within one year, more than ever before. According to preliminary statistics published today by the World Wind Energy Association, global wind power capacity has now passed one million Megawatt and has reached 1’047’288 Megawatt…
Read MoreDay: March 28, 2024
Thatta Cat-III wind projects: PPIB develops ‘new arrangements’
ISLAMABAD: Private Power & Infrastructure Board (PPIB) is said to have developed new arrangements for Category-III wind projects in Thatta, according to which K-Electric (KE) will purchase 300-MW electricity using its own transmission network, well informed sources in NEPRA told Business Recorder. This was revealed by Managing Director, PPIB, Shah Jahan Mirza in a letter to Chairman National Electric Power Regulatory…
Read MoreSIFC Raises Concerns Over UAE Focal Persons’ Response to RE Project Interest
The Special Investment Facilitation Council (SIFC) has expressed reservations regarding the lack of response from United Arab Emirates (UAE) focal persons to a company interested in renewable energy (RE) projects in Pakistan. In a letter addressed to relevant ministries, SIFC enclosed a letter from the Ministry of Foreign Affairs (MoFA), based on communication from Pakistan’s ambassador to the UAE, highlighting…
Read MoreIranian Firm Sunir Seeks PM’s Help for Outstanding Dues
M/s Sunir, an Iranian firm, has reached out to Prime Minister Shahbaz Sharif seeking assistance in receiving payment for outstanding dues owed by the National Transmission and Despatch Company (NTDC). In a letter to the Prime Minister, Managing Director Hasan Gholinezhad highlighted Sunir’s completion of the Gwadar Pak-Iran 220KV interconnection transmission line, allowing for the import of an additional 100MW…
Read MorePPIB Develops New Arrangements for Thatta Cat-III Wind Projects
The Private Power & Infrastructure Board (PPIB) has introduced new arrangements for Category-III wind projects in Thatta, aiming to facilitate the purchase of 300 MW of electricity by K-Electric (KE) through its transmission network, according to sources familiar with NEPRA’s information. The Managing Director of PPIB, Shah Jahan Mirza, communicated these developments in a letter to NEPRA’s Chairman, Waseem Mukhtar.…
Read MoreIMF Urges Full Utilization of Power Plants to Lower Tariffs
The International Monetary Fund (IMF) has recommended strategies to reduce power tariffs for various consumer categories, emphasizing the need to fully utilize new power plants and optimize the energy mix. According to sources in the Ministry of Finance, the IMF has advised the government to operate new power plants at maximum capacity to effectively meet the country’s energy demands. Currently,…
Read MoreSolis Celebrates Ninth Consecutive EUPD Top Brand PV Award, Marking a Legacy of Excellence
Ginlong (Solis) Technologies, one of the most experienced and the third largest inverter manufacturers in the world, is delighted to announce that it has been awarded the prestigious seal of recognition for ‘Top PV Inverter Brand’ in the Netherlands by global market research organisation, EUPD. The award marks the 9th consecutive year that Solis has been privileged with an EUPD…
Read MoreFederal Minister for Power Sardar Awais Ahmad Khan Leghari Vows to Combat Electricity Theft, Labels it ‘Economic Terrorism’ in address to the DISCOS Chairmen and CEOs
Islamabad: The Federal Minister for Power, Sardar Awais Ahmed Leghari, addressed the Chairmen and Chief Executive Officers (CEOs) of Power Distribution Companies (Discos) through a video link. The focus of the discussion centered on combating electricity theft, which the Minister referred to as a form of economic terrorism that has severely impacted the country’s economy. Minister Leghari emphasized the urgent…
Read MorePetroleum Prices to Hike Again in Pakistan Amidst IMF Demand
Sources suggest that Pakistan is gearing up for yet another increase in petroleum prices, with petrol expected to surge by Rs9.5 per liter from April 1. This hike could push the new price of petrol to range from Rs279.75 to Rs289.25. Additionally, the government is contemplating raising the petroleum levy from Rs60 to Rs100 per liter to meet IMF demands. Read…
Read MoreOGRA, SNGPL deny any plans to update gas billing system
Both the Oil and Gas Regulatory Authority (OGRA) and Sui Northern Gas Pipelines Limited (SNGPL) have denied any plans to update the current tiered gas billing system. This proposed change would involve eliminating the existing slabs and discounts and transitioning to a flat-rate method. Some media reports claimed that the federal government may update the current tiered gas billing system…
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