Monthly Energy Update March Magazine
Day: March 19, 2025
World Bank Likely to Approve $425 Million NTMP-I Restructuring Project Extension Aims to Strengthen Pakistan’s Power Transmission System
ISLAMABAD: The World Bank is expected to approve the restructuring of the National Transmission Modernization Project-I (NTMP-I), a $425 million initiative aimed at enhancing the capacity and reliability of Pakistan’s power transmission network while modernizing key operations of the National Transmission and Dispatch Company (NTDC). According to official documents, this marks the third restructuring of the project and the second…
Read MoreNepra May Hold Public Hearing on Revised Net-Metering Buyback RatesPower Division’s Proposal Sparks Concerns Among Solar Consumers
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is expected to hold a public hearing on the revised buyback rates for net-metering consumers, following guidelines from the Power Division after formal approval from the federal cabinet, sources revealed. The Economic Coordination Committee’s (ECC) recent decision on net-metering has raised concerns among existing and potential solar consumers, as well as companies…
Read MoreKarachi’s Green Space Shortage Heightens Climate Risks
KARACHI: A groundbreaking study using Artificial Intelligence (AI) and satellite imagery has revealed a severe shortage of green spaces in Karachi, putting residents at heightened risk from climate change. Researchers from Aga Khan University (AKU) and New York University found that Karachi has only 4.17 square meters of green space per capita—less than half of the World Health Organization’s recommended…
Read MoreK-P Completes 10.2MW Jabori Hydropower Project Project to Generate Rs405 Million Annually for Province
PESHAWAR: The Khyber-Pakhtunkhwa government has successfully completed the 10.2MW Jabori Hydropower Project in Mansehra District using its own resources. The project is set to generate 71.1 GWh of affordable electricity annually, which will be added to the national grid. An agreement for the sale of electricity was signed with PESCO in August, ensuring an annual revenue of Rs405 million for…
Read MoreGovt’s IPP Deal Revisions Secure Rs1.3 Trillion in Savings Consumers to Benefit as Power Sector Reforms Progress
ISLAMABAD: The renegotiation of agreements with Independent Power Producers (IPPs) has resulted in lifetime savings of Rs1.3 trillion, with the government actively working to pass these benefits on to electricity consumers, the Power Division announced on Tuesday. Electricity consumers have been paying Rs2.5 to 2.8 trillion annually in capacity charges to IPPs, some of which received payments without generating electricity…
Read MoreNet Metering Changes Pose Threat to Solar Industry PSA Chairman Warns Move Will Drive Consumers Off-Grid
LAHORE: Pakistan Solar Association (PSA) Chairman Waqas Moosa has cautioned that proposed amendments to net metering regulations will severely impact the solar industry, particularly affecting residential users and Small and Medium Enterprises (SMEs). The new regulations aim to extend the payback period for on-grid photovoltaic (PV) systems from the current 1.5 years to approximately three years. In contrast, hybrid solar…
Read MoreInconsistent Energy Policies Threaten Pakistan’s Economy
HYDERABAD:* Pakistan’s energy sector is being mismanaged by inexperienced and irresponsible officials, pushing the country’s economy toward crisis, warned Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) President Mohammad Saleem Memon on Tuesday. He criticized the government’s inconsistent and contradictory energy policies, highlighting the introduction of costly independent power producers (IPPs) without a comprehensive strategy. It later emerged that…
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