ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) is considering disconnecting Captive Power Plants (CPPs) from January 2025, a move requiring federal government engagement due to its complexities and economic impact. On Tuesday, OGRA finalized the Review of Estimated Revenue Requirement (RERR) for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) for FY 2024-25. The…
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ISLAMABAD: Public sector power companies have proposed a 63-paisa per unit negative Fuel Cost Adjustment (FCA) for November, citing a 6% year-on-year increase in electricity demand. If approved by the National Electric Power Regulatory Authority (NEPRA), the ex-WAPDA Distribution Companies (Discos) would refund approximately Rs2.5 billion to consumers in January 2025. The average fuel cost for November consumption was Rs7.23…
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ISLAMABAD: The Oil & Gas Regulatory Authority (OGRA) has recommended an increase of up to 26% in gas tariffs to generate approximately Rs847.33 billion during the current fiscal year. The proposal, forwarded to the federal government on Tuesday, aims to recover the full cost of gas and address the growing circular debt in the energy sector. For Sui Northern Gas…
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SUKKUR (Dec 17): In a significant effort to promote technological innovation and economic empowerment, the Sindh Government, in collaboration with Sukkur IBA University, celebrated two transformative initiatives: the People’s Information Technology Programme (PITP) and the establishment of the Centre of Excellence in Robotics, Artificial Intelligence, and Blockchain (CRAIB). This was stated by Sindh Chief Minister Syed Murad Ali Shah while…
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DUBAI, Dec 17 (Reuters): ADNOC Gas, the gas subsidiary of Abu Dhabi National Oil Company (ADNOC), has announced the appointment of Fatema Al Nuaimi as its new Chief Executive Officer, effective January 1, 2025. Al Nuaimi succeeds Ahmed Alebri, who is stepping down after nearly two years of leadership. Al Nuaimi, a seasoned energy industry professional, will oversee the implementation…
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ISLAMABAD: The Indus River System Authority (IRSA) has announced canal closures from December 26, 2024, to January 30, 2025, to facilitate desilting operations in Punjab and Sindh’s irrigation networks. During this period, hydroelectric power generation will drop significantly, from the current 3,550 MW to less than 1,000 MW, due to reduced water releases from dams, according to the Ministry of…
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ISLAMABAD: The Ministry of Water Resources informed the National Assembly on Monday that the cost of the Diamer-Bhasha Dam has surged to Rs1,049 billion, a sharp increase from the initially approved Rs479 billion. The dam’s completion, originally scheduled for February 2029, has been pushed to December 2032—a 22-month delay. During the question hour, the ministry attributed the cost escalation to…
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ISLAMABAD: The widespread adoption of solar energy, driven by provincial government initiatives to provide free or subsidized solar panels to low-income households, has left policymakers grappling with its financial and systemic implications. The matter was recently highlighted in a power sector meeting chaired by the Prime Minister. The Sindh government plans to distribute solar panels to 200,000 households, while Punjab…
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ISLAMABAD: The government on Monday tacitly acknowledged in the National Assembly that it was responsible for ongoing internet disruptions and social media monitoring, citing security concerns as the driving factor. “Pakistan faces significant security threats, necessitating a controlled approach. We cannot leave social media unregulated like other countries,” stated Parliamentary Secretary for Cabinet Secretariat Sajid Mehdi. His comments came in…
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ISLAMABAD, December 16, 2024: Oil and Gas Development Company Limited (OGDCL), Pakistan’s leading exploration and production company, has successfully revived a heavy oil well in the Northern Region field, marking a significant milestone in the nation’s energy sector. The initiative was undertaken at the Rajian Oil Field located in Gujar Khan Exploration License (E.L.), district Chakwal, and is part of…
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