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CM Gandapur Urges Federal Government to Clear Hydel Power Profit Arrears for KP

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CM-Gandapur

Chief Minister Ali Amin Gandapur of Khyber Pakhtunkhwa emphasized the critical need for the federal government to settle the outstanding arrears in hydel power profits owed to the province. Addressing key priorities of his administration, he highlighted efforts to tackle the energy crisis and maintain law and order during a press conference. Gandapur encouraged citizens to consider starting livestock businesses…

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President Zardari Calls for Global Action on Climate Change and Green Investment

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In a recent meeting with Azerbaijan’s Minister of Ecology and Natural Resources and COP29 president-designate, Mukhtar Babayev, President Asif Ali Zardari emphasized the urgent need for global collaboration to combat climate change. He highlighted the importance of adopting green technologies, promoting afforestation, and reducing greenhouse gas emissions to address environmental challenges effectively. President Zardari noted that climate change is impacting…

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Pakistan Extends Invitation to Swiss Investment in Renewable Energy and IT Sectors

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SLAMABAD – Deputy Prime Minister and Foreign Minister Ishaq Dar extended a warm invitation to Swiss companies to invest in Pakistan, focusing particularly on the renewable energy and IT sectors. This invitation came during a courtesy meeting with Ambassador of Switzerland Georg Steiner at the Ministry of Foreign Affairs. During the meeting, Dar emphasized Pakistan’s strong interest in bolstering ties…

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Pakistan’s Balancing Act: Encouraging Solar Adoption Amid Grid Challenges

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solar-panel

KARACHI – Pakistan’s government finds itself in a delicate position, aiming to promote renewable energy, particularly solar power, while grappling with constrained grid capacity and economic challenges. The government’s recent consideration to reduce buyback rates for net-metering electricity has sparked debates regarding the balance between incentivizing solar installations and managing grid constraints. The introduction of net-metering was a significant move…

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Pakistan Seeks Chinese Support for Hydropower Projects and Energy Investment

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ISLAMABAD – Pakistan is actively engaging with Chinese leadership to revive over 1800 megawatts of hydropower projects (HPPs) and attract fresh investment from Chinese companies in the country’s transmission and distribution network. This effort is part of the second phase of the China-Pakistan Economic Corridor (CPEC), aimed at bolstering energy infrastructure and collaboration. Efforts are underway to convene a meeting…

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K-Electric’s Proposed Fuel Adjustment Charges Met with Resistance

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karachi-electricity

ISLAMABAD – The National Electric Power Regulatory Authority (Nepra) confronted K-Electric’s request for an additional fuel cost recovery of up to Rs18.6 per unit from its consumers over the past nine months. During a public hearing led by Nepra’s Sindh member, Rafique A. Shaikh, key consumer groups and trade bodies strongly opposed any tariff hikes until consumers receive approximately Rs75…

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POGEE 2024: Energy Sector’s Premier Exhibition Inaugurated in Lahore

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Lahore, Pakistan: The 18th edition of the Pakistan Oil, Gas & Energy Exhibition (POGEE) kicked off with great fervor at the Lahore Expo Centre, showcasing the latest advancements in Oil, Gas, and Power technologies. This year’s event, held alongside the 15th Safe Secure Pakistan (SSP) exhibition, witnessed a notable gathering of industry leaders and participants from both national and international…

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LNG case and other travesties

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LNG-CASE

LET’S take some names today. Former prime minister Shahid Khaqan Abbasi is owed an apology now that the so-called National Accountability Bureau (NAB) has withdrawn its case of alleged corruption in the LNG deal of 2015. All co-accused in that case are also owed an apology: former finance minister Miftah Ismail who had his home raided by the police, Sheikh Imran ul…

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OGDCL Announces Commencement of Oil, Gas Production from Well Togh-2 in Kohat

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OGDCL-new

ISLAMABAD: Oil & Gas Development Company Limited (OGDCL), the operator of the Togh and Togh Bala Development and Production Lease (D&P.L), on Thursday announced the successful commencement of production from the Togh-02 well from Lumshiwal-I Formation. The well is situated in the Kohat district of Khyber Pakhtunkhwa.The Togh-02 well is currently contributing 70 barrels of condensate and 8.0 Million Standard…

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KP Urges Centre to Clear Rs5.48 Billion Electricity Arrears

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power-sector

The Khyber Pakhtunkhwa (KP) government has formally requested the federal government to settle outstanding electricity arrears totaling Rs5,476 million owed to Pakhtunkhwa Energy Development Organisation (Pedo). In a letter to Federal Minister for Energy and Power Division Awais Leghari, KP’s Adviser to Chief Minister on Finance, Muzzammil Aslam, emphasized the urgency of paying these arrears to fulfill obligations to KP’s…

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