ISLAMABAD: Pakistan achieved a significant milestone in its energy sector as the construction of Chashma Nuclear Power Plant Unit 5 (C-5) officially began with the first concrete pouring ceremony. The event, held on Monday, was attended by key dignitaries including Chinese Ambassador Jiang Zaidong, Minister for Planning, Development & Special Initiatives Ahsan Iqbal, and Chairman of the Pakistan Atomic Energy Commission (PAEC), Dr. Raja Ali Raza Anwar. The groundbreaking ceremony for this ambitious project was presided over by Prime Minister Shehbaz Sharif in July 2023. With Chinese support, C-5 is…
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K-Electric Seeks Rs 4.98/kWh Relief for November FCA
KARACHI: K-Electric has submitted a provisional monthly Fuel Charge Adjustment (FCA) request for November 2024, proposing a relief of Rs 4.98 per kilowatt-hour (kWh) for its customers. The National Electric Power Regulatory Authority (NEPRA) will conduct a public hearing on January 15, 2025, to determine the FCA amount and specify the period for its application in customer bills. In a related development, the Central Power Purchasing Agency-Guaranteed (CPPA-G) has sought a negative adjustment of 0.63 paisa per unit in XWDiscos’ tariffs for November. Notably, this marks the third consecutive month…
Read MorePrivatisation of Three DISCOs Progresses Toward 2025 Deadline
ISLAMABAD: The government is accelerating efforts to privatize three power Distribution Companies (DISCOs)—Islamabad Electric Supply Company (IESCO), Gujranwala Electric Power Company (GEPCO), and Faisalabad Electric Supply Company (FESCO)—with the goal of completing the process by the end of 2025. According to Minister for Power Sardar Awais Ahmad Khan Leghari, the Financial Advisor (FA) will structure the transaction based on completed assignments, with final approval sought from the Cabinet Committee on Privatisation (CCoP) before the transaction enters the market. The Ministry of Privatisation, in collaboration with the Power Division and the…
Read MoreJimmy Carter’s Visionary Leadership: The Birth of NREL and a Legacy of Solar Innovation
The staff of the National Renewable Energy Laboratory (NREL) owes a lasting debt to former U.S. President Jimmy Carter, who passed away on December 29, 2024. “President Carter was a visionary and a man of science who realized the potential of solar power and renewable energy,” NREL Director Martin Keller said. “The Solar Energy Research Institute (SERI) began under his leadership, and his visit to SERI on a rainy Sun Day validated the importance of our research. His legacy lives on in our mission.” NREL, originally known as SERI, was…
Read MoreChina Approves Construction of “Super Dam” on the Brahmaputra River, Leaving India Concerned
China has approved the construction of a “Super Dam” on the Brahmaputra River, a project poised to dwarf the Three Gorges Dam in power generation capacity. This mega-dam will reportedly produce an astonishing 300 billion kilowatt-hours of electricity annually—three times more than the output of the Three Gorges Dam. The Yarlung Zangbo River, as it is known in Tibet, becomes the Brahmaputra River as it descends from the eastern edge of the Tibetan Plateau. The site of the planned dam is a natural drop where the river plunges two kilometers…
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