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Month: March 2024

“Sindh’s Energy Potential: Minister Nasir Hussain Shah Highlights Investment Opportunities During Meeting with British High Commissioner”

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British-High

During a meeting with British High Commissioner Jane Marriott, Sindh’s Provincial Minister of Energy, Development, and Planning, Syed Nasir Hussain Shah, emphasized the abundant and lucrative opportunities available for both domestic and foreign investors in Sindh’s energy sector. Minister Shah noted that Sindh stands as Pakistan’s energy hub, boasting a wind corridor capable of generating 55,000 MW and a solar…

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“Turkmenistan Raises Concerns Over Delay in TAPI Pipeline Implementation”

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TAPI-gas

Turkmenistan’s ambassador has voiced concerns regarding the prolonged delay in the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, highlighting the urgency of advancing this critical energy initiative. Despite the commercial deal signed decades ago by Turkmenistan, Afghanistan, Pakistan, and India for gas sale and purchase, progress on the TAPI pipeline has been stalled, causing apprehension, particularly for Pakistan, which…

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“PSO Sounds Alarm Over Rising Circular Debt, Urges Payment of Rs550 Billion Dues for LNG Supply”

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pso

Pakistan State Oil (PSO) has raised concerns about the escalating circular debt in the energy supply chain, particularly in liquefied natural gas (LNG) sales, warning of potential disruptions if outstanding dues are not addressed promptly. In a letter addressed to the managing director of Sui Northern Gas Pipelines Limited (SNGPL), PSO highlighted the critical issue of increasing outstanding payments for…

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“Minister Urges Accelerated Progress on Gwadar Power Plant Construction”

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Gwadar-power

(APP) Minister for Planning, Development, and Special Initiatives Professor Ahsan Iqbal has emphasized the urgent need for swift action on the construction of the Gwadar Power Plant. In a meeting held to review the project’s progress, the minister directed relevant authorities to expedite the work without any delays. The Gwadar Power Plant, a 300MW coal power project being developed by…

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“OGDCL Makes Oil and Gas Discovery in Kohat District, KP”

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OGDCL-1

Oil and Gas Development Company Ltd (OGDCL) has announced a significant hydrocarbon discovery in Kohat district of Khyber Pakhtunkhwa (KP), as per a recent stock filing. The discovery was made in the exploratory segment of the Togh-02 (Slant) well in the Lumshiwal-II Formation, located within the Kohat Exploration Licence area. OGDCL, operating with a 75% stake, and Saif Energy Ltd…

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NEECA Faces Turmoil as Key Executive Positions Abolished

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neeca

The National Energy Efficiency and Conservation Authority (NEECA) is grappling with internal upheaval as the government has announced the abolition of crucial executive roles within the agency. This move has cast a spotlight on the challenges plaguing Pakistan’s energy sector, with NEECA already operating significantly understaffed, with only 10 members against a sanctioned strength of about 255. A recent Statutory…

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SolaX Power Becomes Partner of Borussia Dortmund

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Solax-Power

On March 19, SolaX Power proudly announces that it has become Partner of Borussia Dortmund, a distinguished football club based in Germany. This landmark collaboration signifies the inaugural alliance between Borussia Dortmund and a solar energy storage enterprise, marking a significant stride towards advancing global green energy initiatives and fostering sustainable development. Borussia Dortmund, renowned as one of Germany and…

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Minister remains steadfast in his commitment to advancing the TAPI project

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Musadik-Malik

Ambassador of Turkmenistan H.E. Atadjan Movlamov called on Federal Minister for Petroleum Dr Musadik Malik in his office today.The ambassador conveyed his felicitations to the minister on assumption of office and commended his dedication.Acknowledging the Ambassador’s warm wishes, Minister Dr Musadik Malik expressed gratitude for the ambassador’s support and pledged to uphold the partnership between both the countries.Dr Musadik remarked…

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Federal Minister for Power meets WAPDA Chairman

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WAPDA-Chairman

Federal Minister for Power Sardar Owais Ahmed Khan met with WAPDA Chairman Lt. Gen. (Rtd) Sajjad Ghani. In the meeting, there was a detailed discussion on the issues of early completion of the under construction projects of WAPDA. In the meeting, the Federal Minister issued instructions to NTDC for the timely completion of the electricity transmission line projects from WAPDA…

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PM Shehbaz Sharif to Honor 65 Exporters and Taxpayers in Award Ceremony

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Tax-Payer

Prime Minister Shehbaz Sharif is set to recognize and honor 65 leading exporters and compliant taxpayers in an award ceremony scheduled to take place at the PM Office today. The ceremony will feature the distribution of approximately 40 awards to prominent exporters from sectors such as textile, sports, surgical goods, pharmaceuticals, foods, steel, and others. In the category of compliant…

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