Karachi FPCCI Standing Committee on Energy, under the chairmanship of Malik Khuda Bakhsh, held an emergency meeting to highlight the devastating impact of exorbitant electric charges on Pakistan’s economy and condemned these high rates. It was stated that the entire burden has been placed on the public to favor 40 IPPs. In the country, 25% of IPPs are closed, and…
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KARACHI: President of SITE Association of Industry Muhammad Kamran Arbi has, in a press statement, demanded the government to seriously look into the matter of exorbitant electricity tariff for all categories of consumers, particularly export and general industries tariff and rationalize the same taking into consideration the actual cost of per unit production. He said that there is much unrest…
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Delve into the critical aspects of creating a fair, transparent, and efficient power sector in Pakistan. This blog discusses essential policy reforms, the role of renewable energy, and strategies for fostering sustainable economic growth in the country’s energy landscape.
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In addition to the belated notice of the IPPs and the killing capacity payments in PPAs with them, the complexity of the power supply and delivery business is often underestimated.This misunderstanding leads to advice from individuals, including a former minister, to renegotiate or revise PPAs on a “take-and-pay” basis instead of the “take-or-pay” arrangement, treating it as a simple fix.
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Faisalabad, Pakistan – July 22, 2024 – Solis is proud to announce the successful completion of the first two training sessions of the Solis Certified Installer Program Training in Pakistan. Held on July 19th Gujranwala, July 20th Lahore and July 22nd Faisalabad these initial sessions marked the beginning of a comprehensive series of training events aimed at empowering solar professionals…
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ISLAMABAD: The government is finalizing a subsidy program for millions of lifeline electricity consumers nationwide through the Benazir Income Support Program (BISP). This initiative, aimed at targeting underprivileged domestic electricity consumers, will soon be presented to the Federal Cabinet for approval. According to sources, the Power Division, in collaboration with BISP, has proposed the Electricity Subsidy Program to transform untargeted…
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ISLAMABAD: K-Electric (KE) has requested the Power Division to form a Project Steering Committee (PSC) to evaluate a proposal from the EPC contractor, Harbin Electric International (HEI), for converting the 660-MW Jamshoro coal power plant to run on 100% Thar coal. In a letter to the Secretary of Power, KE referred to HEI’s detailed proposal submitted on July 9, 2024,…
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PESHAWAR: The provincial government of Khyber Pakhtunkhwa (KP) is set to earn Rs.89.8 billion in revenue from the oil and gas sectors during the fiscal year 2024-25, a significant increase from Rs.42.8 billion in the previous year, according to the White Paper on the annual provincial budget. The revenue will be paid by the federal government under various heads, including…
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PESHAWAR: The Khyber Pakhtunkhwa (KP) government has initiated several solar energy projects to address electricity issues in the merged tribal districts, with some projects already successfully completed. To date, 900 mosques and places of worship in these districts have been converted to solar energy, generating 1.73 MW of electricity daily and saving millions of rupees monthly. In the current year,…
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BAGHDAD: Iraq announced on Sunday the launch of a new power line to import electricity from Turkey, aiming to alleviate chronic power outages by diversifying its energy sources. The 115-kilometre (71-mile) line connects to the Kisik power plant west of Mosul, providing 300 megawatts of electricity to the northern provinces of Nineveh, Salah al-Din, and Kirkuk, according to a statement…
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