Islamabad: The Engineering Development Board (EDB) has granted 34 licences to manufacturers of two- and three-wheelers under Pakistan’s Electric Vehicles Policy for 2020-2025, signaling a significant step towards transitioning from traditional fuel-powered vehicles to electric ones. During a webinar at the Sustainable Development Policy Institute (SDPI) titled “Pakistan’s Electric Vehicle Market: Challenges, Opportunities, and the 2030 Agenda”, Asim Ayaz, a…
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Nepra Approves Rs4.92 per Unit Extra Charge for February Electricity Usage
Islamabad: Consumers are set to face an additional charge of Rs4.92 per unit in the upcoming month for electricity consumed in February, as approved by the National Electric Power Regulatory Authority (Nepra). This hike, categorized as additional fuel cost adjustment (FCA), will impact consumers across all ex-Wapda distribution companies (Discos), resulting in a net financial impact of approximately Rs45 billion.…
Read MoreAD Ports Group to Invest $220 Million in Karachi Container Terminal
Karachi Port Trust (KPT) and AD Ports Group recently inked a 50-year concession deal for a container terminal at East Wharf, Karachi Port, following a similar agreement for a bulk and general cargo terminal. This collaboration, signed in June 2023, underscores a shared commitment to bolster Karachi’s status as a pivotal maritime hub. During an iftar dinner hosted by Karachi…
Read MoreFederal Minister for Power Sardar Awais Ahmed Khan Leghari Directs Tough Measures to Curb Electricity Theft
Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, has issued instructions for immediate and stringent measures to combat the ongoing issue of electricity theft across Pakistan. Emphasizing the critical need to eradicate this illegal practice, Minister Leghari has set a decisive deadline of April 23 to eliminate all forms of electricity theft from the country’s power grid. In a…
Read MoreOGDCL Discovers Tight Gas at Nur West # 01 in Sujawal District of Sindh
ISLAMABAD, April 04, 2024: The Oil & Gas Development Company Limited (OGDCL) has discovered gas at its exploratory Well Nur West # 01, situated in the Sujawal district of Sindh province. OGDCL is the sole operator with a 100% stake in Nur Development & Production Lease (D&PL).The structure of Nur West # 01 was drilled and tested using OGDCL’s in-house…
Read More“IMF Directive: Gas Tariff for Captive Power Plants to Align with RLNG Prices from July 1”
Under directives from the International Monetary Fund (IMF), the government is preparing to equalize the gas tariff for captive power plants (CPPs) with Re-gasified Liquefied Natural Gas (RLNG) prices starting July 1, 2024. This move follows discussions with senior officials from the Energy Ministry, who highlighted the necessity of this adjustment in response to IMF requirements. Currently, the gas tariff…
Read MoreCommittee Formed to Review Climate Change Governance and Access to Climate Funds”
The Prime Minister has established a high-level committee to assess Climate Change Governance and the mechanisms for accessing Climate Funds. This committee includes Climate Change Minister Romina Khursheed Alam, SDPI Executive Director Dr Abid Suleri, and other senior members from various sectors. Chaired by the Deputy Chairman of the Planning Commission, Mohammad Jehanzeb Khan, the committee comprises government officials, parliamentarians,…
Read More“K-Electric Proposes Non-Disclosure Agreement with JPCL for Thar Coal Conversion”
K-Electric (KE) has put forward a proposal for a Non-Disclosure Agreement (NDA) with Jamshoro Power Company Limited (JPCL) to safeguard data related to the conversion of JPCL’s 600-MW unit to Thar coal, according to informed sources. In continuation of previous communications and discussions, KE has submitted its NDA proposal to the Secretary Power, following its earlier letter regarding the approval…
Read More“Work Commences on IP Gas Pipeline Project Ahead of Iranian President’s Visit to Pakistan”
As Iranian President Ebrahim Raisi prepares for his visit to Pakistan on April 22, the Ministry of Energy has initiated work on the Pakistan-Iran Gas Pipeline Project. The project aims to materialize an 80-kilometer pipeline from Gwadar to connect with the Iranian pipeline, with an estimated completion time of 24 months and a budget allocation of Rs44 billion from the…
Read MoreCM Sindh Leads Critical Review of Sindh Solar Energy Project
Karachi: A comprehensive progress review meeting of the Sindh Solar Energy Project (SSEP) was held under the leadership of Chief Minister Syed Murad Ali Shah. The meeting was attended by key officials including Energy Minister Nasir Shah, Mayor Karachi Murtaza Wahab, Principal Secretary to CM Sindh Agha Waqar, Chairperson of P&D Najm Shah, Energy Secretary Kazim Jatoi, and Treasury Secretary…
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