ISLAMABAD: A fact-finding committee of the National Electric Power Regulatory Authority (Nepra) has uncovered significant irregularities in the coal procurement process for the Sahiwal Power Plant. The committee has recommended a series of corrective measures, including the establishment of an independent regulatory authority to safeguard electricity consumers from unjustified costs. The four-member committee was formed last year following complaints from coal suppliers regarding an agreement between the Sahiwal Power Plant management and Awan Trading Company. Former Energy Minister and current Special Assistant to the Prime Minister, Muhammad Ali, had called…
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Chinese CG donates 38 solar-powered systems to Balochistan
KARACHI: The Consulate General of China in Karachi has donated Balochistan province with 38 solar-powered systems, extensively covering areas such as Kalat, Kohlu, Dera Bugti, Zhob, Nushki, and Khuzdar in Balochistan. This initiative benefits schools, hospitals, mosques, and tribal communities, with aim to significantly reduce the reliance of remote areas on unstable power grids, alleviate the local energy shortage issues, and improve the living standards of the residents. On February 8, the Consulate General held a handover ceremony attended by Yang Yundong, Consul General of China in Karachi, Sheikh Jafar…
Read MoreChinese company to purchase 120MW electricity
PESHAWAR: Chinese Investment Company (China Century Steel Mills) has contacted the Khyber Pakhtunkhwa government for purchase of 120 MW cheap hydropower from Chakdara Swat Corridor, showing interest in the energy sector for establishment of steel mills in province. In this connection, a delegation of Chinese investment company “China Century Steel Mills” had a special meeting with the Special Assistant to Chief Minister KP for Energy Engr. Tariq Sadozai in his office. Speaking to delegation, Tariq Sadozai has said that energy sector in province is of great importance and the economy…
Read MoreOil prices advance despite concern over more US tariffs
LONDON: Oil prices rebounded on Monday despite lingering fears over a potential global trade war after U.S. President Donald Trump’s latest tariff plans, this time targeting steel and aluminium. Brent crude futures were up $1.05, or 1.4%, at $75.71 a barrel by 1301 GMT. U.S. West Texas Intermediate crude added 1.5%, also rising $1.05 to $72.05. Monday’s gains could be down to bargain hunting after the market posted a third consecutive weekly decline last week, pressured by the concerns over global trade. “It’s tariff uncertainty which is the name of…
Read MoreSolar Energy is Pakistan’s Best Hope for Overcoming Power Crisis: Kundi
ISLAMABAD: Khyber Pakhtunkhwa Governor Faisal Karim Kundi has emphasized that solar energy is the most viable solution to Pakistan’s worsening electricity crisis. Speaking at the “Knox Mega Minds-2025” event as the chief guest, Kundi highlighted the country’s accelerated shift toward solar power. He praised Knox Solar for its contributions to renewable energy and commended its management for successfully organizing the event. Kundi noted that Pakistan’s energy crisis has placed a heavy financial burden on ordinary citizens, with soaring electricity prices forcing many to turn to power theft. He stressed that…
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