Day: January 1, 2020

Energy companies usually do not see women fit for technical roles,” says Roma Iqbal, a Lahore-based engineer. “But with my passion and expertise, I proved that I am the right girl for the job.” In September, she joined SkyElectric, Pakistan’s leading solar energy company, becoming yet another woman to successfully enter the photovoltaic industry. With a degree in electrical engineering from the University of Huddersfield, in July Iqbal became one of the 20 women who received solar panel installation training by She in Energy and Women In Renewable Energy (WIRE Pakistan).…

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ISLAMABAD: The Federal Cabinet that met here on Tuesday with Prime Minister in the chair approved the Shahid Salim Khan as regular Managing Director of OGDCL for three-year tenure. Shahid Salim Khan was second in the list proposed on preferences by Board of Directors for Managing Director (MD) of Oil and Gas Development Company (OGDCL). Board of Directors had proposed the list of 4 candidates putting the names in order based on preferences, which included Shehryar Lodhi on top of the list, followed Mr Shahid Saleem, Ahsan Khan and Irteza…

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Pakistan is to pay millions of Euros to three Pakistani companies in equivalent Pak Rupees as barter against electricity purchase from Iran, well informed sources in Commerce Ministry told Business Recorder. The outstanding amount of Iranian Electricity Company M/s Tavanir ranges between $120-130 million. Pakistan started import of 100 MW of electricity from Iran in 2002. Since start of electricity supply, CPPA-G/ NTDC was paying due amount to Tavanir through regular banking channel. In 2011 due to non availability of normal banking channels, CPPA-G was not in a position to make…

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Energy cost and tariff have been increasing and may go further up. There is a need to explore ways and means for reducing these, wherever a reasonable opportunity exists. There is some scope in increasing various kinds of efficiencies and reducing various kinds of leakages and losses .In this space, we will explore the possibility of reducing electricity cost and tariff by increasing capacity utilization and thus being able to offer a reduced seasonal tariff. Electricity cost and tariff are projected to increase further due to two major reasons –…

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Year 2019 ended with some pain and gain. The government of Pakistan Tehreek-e-Insaf (PTI) may term it a year of success but it also added to the misery of the common man. A jolt to consumers came when the government agreed to increase energy prices under a $6-billion loan package secured from the International Monetary Fund (IMF). However, there had been no abnormal increase in international crude oil prices, which went up from $54 to $64 per barrel during the year. But at the same time, the rupee depreciated massively…

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