OGRA Proposes Up to 26% Hike in Gas Tariffs to Address Circular Debt

Gas-Tariffs

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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Sindh govt drives Technological and Economic Empowerment with PITP and CRAIB

sindh goverment

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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Fatema Al Nuaimi Appointed as CEO of ADNOC Gas

Abu Dhabi National Oil

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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Canal Closures from Dec 26: Power Sector to Rely on RLNG for Electricity Generation

Power Sector

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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Cost of Diamer-Bhasha Dam Rises by Rs570 Billion, Completion Delayed to 2032

water resources

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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Provincial Solar Panel Distribution Sparks Policy Challenges

Floating Solar

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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Govt Admits Internet Issues Linked to Security Concerns

internet issues

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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OGDCL Revives Heavy Oil Well in Chakwal, Enhances Production at Rajian Oil Field

Heavy Oil Well in Chakwal

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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UK Unveils Ambitious Clean Power 2030 Plan: 45 GW Solar and 22 GW BESS Targets

soalr energy

LONDON, Dec 16: The UK government has set ambitious targets under its Clean Power 2030 Action Plan, aiming for a dramatic expansion of solar and battery energy storage systems (BESS) to support its net-zero goals. The plan, unveiled on December 13, 2024, outlines the addition of 30 GW of solar capacity by 2030, bringing the total to 45-47 GW, alongside…

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China’s Thermal Power Generation Rises 1.9% in Jan-Nov Amid Renewables Expansion

EU-Carbon

BEIJING, Dec 16: Despite China’s aggressive push for renewable energy, thermal power generation—primarily coal-fired—rose by 1.9% year-on-year during the first 11 months of 2024. Official data from the National Bureau of Statistics (NBS) indicates that thermal power output reached 5.74 trillion kilowatt-hours (kWh) from January to November. While natural gas-fired power plants contribute a smaller share, coal remains the dominant…

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