Author: Admin

Neelum-Jhelum Hydropower Project to Remain Offline for Two More Years Amid Structural Damage

Admin
Neelum-Jhelum

ISLAMABAD: The 969-MW Neelum-Jhelum Hydropower Project will stay non-operational for at least two more years following a major rock burst that damaged its underground tunnel system in May 2024, the National Electric Power Regulatory Authority (NEPRA) was informed on Wednesday. The project, commissioned in 2018 at a cost of Rs500 billion, has been a critical source of low-cost electricity. Its extended outage is further straining the national grid, increasing reliance on expensive alternatives, and worsening the circular debt crisis. The update came during a NEPRA hearing on a CPPA petition…

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US Strikes Deal to Develop Pakistan’s Oil Reserves as Trade Talks Intensify

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Donald-Trump

WASHINGTON – Former US President Donald Trump announced that the United States has reached a landmark agreement with Pakistan to jointly develop the country’s untapped oil reserves, marking a significant shift in energy cooperation between the two nations. In a post on Truth Social, Trump wrote, “We have just concluded a Deal with the Country of Pakistan, whereby Pakistan and the United States will work together on developing their massive Oil Reserves.” He added that the US is in the process of selecting the lead company for the project and…

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Business Leaders Decry Withdrawal of Rs7.41/unit Power Relief Amid Soaring Tariffs

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Your-Bill

ISLAMABAD: Business leaders have voiced strong criticism over the reversal of the promised Rs7.41 per unit electricity relief and the continued outage of the 969MW Neelum-Jhelum Hydropower Project (NJHP), warning it could accelerate de-industrialisation. The concerns emerged during a Nepra public hearing on a request by the Central Power Purchasing Agency (CPPA) for an Rs8.7 billion fuel cost refund, equating to 65 paisa per unit, due to lower-than-expected fuel prices in June. Industrialists highlighted that the relief announced by the prime minister in March was not time-bound, yet its effect…

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LONGi Supports Kazakhstan’s Energy Transition: Astana Photovoltaic Technology Seminar Concludes Successfully

Admin

[Astana, Kazakhstan, July 31, 2025] To actively support the development of renewable energy in Kazakhstan, LONGi, invited by Ministry of Energy of Kazakhstan, His Excellency Ilyas Bakytzhan, successfully held the “Empowering Kazakhstan’s Sustainable Future” photovoltaic technology seminar in Astana. The event brought together government officials, energy experts, and industry representatives to engage in in-depth discussions on “PV+” technologies and jointly explore paths for low-carbon energy transformation. Fulfilling the commitment and deepening the consensus on cooperationThis seminar is a practical measure taken by LONGi to fulfill the commitment made during the…

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Thar Coal Development: TCEB Approves Strategic Tariff and Policy Measures to Strengthen Indigenous Energy Sector

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Thar Coal Development

KARACHI (July 30) – Sindh Chief Minister Syed Murad Ali Shah chaired the 29th meeting of the Thar Coal and Energy Board (TCEB) at CM House, where several pivotal decisions were taken to accelerate coal-based energy development in the Thar region. Highlighting the impact of Thar’s coal power projects, the CM revealed that since 2019, over 2,600 MW of affordable electricity has been added to the national grid at just Rs 4.8 per unit—compared to Rs 19.5 per unit from imported coal—saving Pakistan nearly \$1.3 billion in foreign exchange. During…

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