ISLAMABAD: The Petroleum Division issued directives to both gas companies – Sui Northern Gas Pipeline Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) for withdrawal of imposition and collection of levy under Grid (Captive Power Plants) Levy Ordinance 2025. In a letter to both gas companies, the Petroleum Division states, “A letter of division dated April 11, 2025 on…
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PESHAWAR: Peshawar Electric Supply Company (PESCO) has initiated a decisive action against government and semi-government departments with long-standing electricity dues. In a recent move, Chief Executive Officer PESCO, Akhtar Hamid Khan, has directed the operational teams to serve formal notices to all defaulting departments for immediate payment of their outstanding liabilities, according to a statement issued here on Friday. The…
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BEIJING, April 19 (Xinhua) — Chinese scientists have developed a new forecasting tool called iDust that enhances predictions of dust storms, offering significant benefits for solar energy production. The tool addresses a critical challenge for renewable energy, particularly in desert regions where dust can drastically reduce solar panel efficiency. The research, led by scientists at the Institute of Atmospheric Physics…
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ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) filed a petition with the Oil and Gas Regulatory Authority (OGRA) on January 26, 2025, and submitted an amended petition on April 8, 2025, seeking the determination of its Estimated Revenue Requirement (ERR) for the financial year 2025-26 under Section 8(1) of the Oil and Gas Regulatory Authority Ordinance, 2002, and Rule 4(2)…
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LAHORE: The proposed average prescribed price for FY 2025-26 is Rs 2,485.72 per MMBTU. Approximately 51 percent of the increase is attributable to the diversion of costly Re-gasified Liquefied Natural Gas (RLNG) to system gas consumers. This diversion has primarily resulted from reduction in power off-take of committed RLNG volumes. Decline in consumption by Captive Power Plants (CPPs), has also…
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KARACHI: Gas and Oil Pakistan Limited (GO), partly owned by Saudi oil giant Aramco, has appealed to Prime Minister Shehbaz Sharif to review the performance of Oil and Gas Regulatory Authority (OGRA) Chairperson Masroor Khan, citing ineffective leadership and growing instability in the sector. In a formal letter to the Prime Minister’s Office, GO expressed serious concerns over OGRA’s handling…
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ISLAMABAD: In a major move to slash electricity costs, the National Electric Power Regulatory Authority (NEPRA) has admitted joint tariff cut applications from the Central Power Purchasing Agency-Guarantee (CPPA-G) and four state-owned power plants. A public hearing on the proposed adjustments is scheduled for April 24, 2025. The plants include National Power Parks Management Company’s Balloki and Haveli Bahadur Shah…
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KARACHI: The federal government has accepted the resignation of Mathar Niaz Rana, Member Tariff at the National Electric Power Regulatory Authority (NEPRA), following growing dissatisfaction with his performance from both within the government and the energy sector. Rana, a former top bureaucrat who previously served as Chief Secretary in Balochistan, resigned four months before completing his term. His appointment had…
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ISLAMABAD: In a major step toward accelerating Pakistan’s transition to electric mobility, the Ministry of Industries and the International Finance Corporation (IFC) have signed a landmark cooperation agreement aimed at boosting investment and reforming the policy landscape for electric two- and three-wheelers (e-2/3Ws). The new partnership seeks to unlock the potential of Pakistan’s electric vehicle (EV) sector by addressing legal,…
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ISLAMABAD: Pakistan is heading toward a major political and constitutional confrontation as the federal government and provinces clash over control of the country’s vast rare earth mineral reserves—strategic resources now seen as more valuable than oil and gas. Senior analyst Najam Sethi recently spotlighted the brewing conflict on his television show, highlighting disputes over ownership, control, and revenue-sharing from rare…
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