The National Electric Power Regulatory Authority (Nepra) has proposed a cap on the tariff for electric vehicle charging stations at Rs45 per unit along with two other options for the prospective and current investors in the power station business. At a public hearing on tariffs for electric vehicle charging stations at the Nepra headquarters, the stakeholders proposed a subsidy on…
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The government has started the audit of all oil refineries and oil marketing companies (OMCs) to rule out the possibility of irregularities in taxes, product sourcing and transportation costs. A senior government official told Dawn the Petroleum Division had asked 25 OMCs and refineries to ensure availability of relevant personal and entire record for examination by the audit teams. In the first…
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The state-run Oil and Gas Development Company Limited (OGDCL) has announced a gas and condensate discovery in Frontier Region Lakki of Khyber Pakhtunkhwa. The OGDCL said in a statement that it spud-in Wali#01 well on Dec 2, 2019, as an exploratory well and drilled down to total depth of 4,727 metres (measured depth) inside Kawagarh Formation. Based on the good…
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The Abu Dhabi National Oil Co (ADNOC) is the key corporate proxy at the centre of the U.S.’s Middle East pushback against increasing Chinese and Russian influence across the region via their activities in Iran (and Iraq). The awarding of exploration, development, and ancillary contracts for its onshore and offshore oil and gas fields is a principal mechanism by which…
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he Sindh government is going to mount a legal challenge to the Indicative Generation Capacity Expansion Plan (IGCEP) 2021. Speaking to Dawn on Tuesday, Energy Minister Imtiaz Ahmed Shaikh said the federal government has excluded the cost-effective energy projects of Sindh from the plan, which is against the least-cost principle of the IGCEP model. “The federal government has approved expensive hydel projects…
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Have you been shocked by the unduly large electricity bills you have been receiving recently? You are not alone. Families across the country have been forced to pay unfairly high electricity bills in the past few months as billing malpractices by Pakistani power companies have gone unchecked by the apex regulator, a new Geo News investigation has revealed. Meanwhile, despite…
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Tauseef H. Farooqi, the chairman of the National Electric Power Regulatory Authority (NEPRA), said on Wednesday that in line with the initial estimates the rate of charging an electric car should be Rs47 per unit, Daily Times reported. while winding up the meeting held to fix the charging rates, the chairman said that the Authority would like to hold more…
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The Antarctic has registered a temperature of more than 20C (68F) for the first time on record, prompting fears of climate instability in the world’s greatest repository of ice. The 20.75C logged by Brazilian scientists at Seymour Island on 9 February was almost a full degree higher than the previous record of 19.8C, taken on Signy Island in January 1982. It follows…
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Coal will be a major contributor to Australia’s economy well beyond 2030 given growth in global demand, the country’s resources minister said on Monday, a day after a United Nations envoy called on the country to phase out the fossil fuel. Without greater efforts to cut coal, climate change will dramatically damage Australia’s economy, Selwin Hart, the United Nations special…
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Karachi The participants of apublic hearing on Tuesday were given firm assurance that the operations ofPakistan’s first virtual LNG pipeline would fully comply with the local andinternational environmental safety standards. The SindhEnvironmental Protection Agency (SEPA) organised the public hearing at a hotelto invite comments from the concerned stakeholders on the Environmental ImpactAssessment Report of the proposed small scale LNG distribution network througha…
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