The Renewable Energy Association of Pakistan (REAP) has requested the federal government to consult it as a key stakeholder in the clean power sector to obtain expert input before finalizing the revision of net-metering terms and conditions in the country. The Chairman of REAP, Nasir Latif, recently sent a letter to the Federal Energy Minister, Awais Ahmad Khan Leghari, emphasizing…
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Islamabad, May 20, 2024: The Oil and Gas Regulatory Authority (OGRA) determines the revenue requirements of sui companies for F.Y 2024-25. The average prescribed price per MMBTU of gas is recommended as Rs. 1635.90 and the decrease in price per MMBTU is Rs. 179.17 with decrease percentage of 10% for SNGPL. The financial impact of previous years’ shortfall of Rs.…
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HARIPUR: The foreign consultancy firm overseeing the Tarbela 5th hydropower project (T5 HPP) has announced the suspension of its services due to a payment dispute with the Water and Power Development Authority (WAPDA), sources report. Tarbela 5th Extension Project Consultants (T5C), a consortium of Mott MacDonald England and MM Pakistan, issued a termination notice to WAPDA, citing several unpaid invoices.…
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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved K-Electric’s seven-year Power Acquisition Plan (PAP 2024-30), allowing the utility to increase its generation capacity by approximately 3,200MW, primarily through renewable energy sources. The plan includes a significant expansion of power received from the national grid, expected to nearly double from 1,100MW to 2,050MW, resulting in a projected 9% reduction…
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QUETTA: Members of the Balochistan Assembly have called on the federal government to initiate the installation of LPG gas plants to address the gas shortage in the province. During the session, MPA Asad Baloch presented a resolution advocating for the establishment of LPG gas facilities in remote areas. The resolution highlights the urgent need for reliable energy sources in underserved…
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ISLAMABAD: Prime Minister Shehbaz Sharif has dismissed the boards of eight power distribution companies (DISCOs) constituted by the previous Pakistan Democratic Movement (PDM) government. The decision follows allegations of massive financial losses amounting to Rs589 billion for the fiscal year. To address these issues, the PML-N government plans to enhance governance in these companies by involving military and intelligence agencies,…
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ISLAMABAD: Electricity consumers may face another price hike as power distribution companies have requested a tariff increase of up to Rs2.48 per unit. The companies, through the Central Power Purchasing Agency (CPPA), have petitioned the National Electric Power Regulatory Authority (NEPRA) to collect an additional Rs3.488 per unit from consumers under the fuel charges adjustment (FCA) for April 2024. NEPRA…
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