Appointments in Wapda: Ministry challenges recommendations by CCI

ISLAMABAD: Ministry of Water Resources (MoWR) has challenged recommendations of Council of Common Interests (CCI) regarding appointments of Wapda Chairman and Members, saying the direction is against the judgment of Lahore High Court (LHC), sources in the Ministry told Business Recorder. Wapda was established as a body corporate under section 3 of an Act of Parliament in 1958 for the unified and coordinated development of the water and power resources of Pakistan. The appointment of Chairman and Members of the Authority is to empower the Federal Government under section 4…

Read More

FPCCI for revamping power sector to overcome circular debt

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Mian Anjum Nisar on Monday stressed the need for resolving the circular debt issue by revamping the entire power sector, including tariff setting, efficiencies of power generating units, supply chain network and payment recoveries. If this is not done, the future of energy sector would remain at stake, the FPCCI chief warned and urged the power ministry to identify system constraints, communicate targets to all the concerned departments to initiate up-gradation of transmission system on war footing. In this…

Read More

Bill seeks to ‘enhance functions, utility’ of FBR’s policy board

ISLAMABAD: A private member bill introduced in the Upper House of the Parliament on Monday sought to amend the law to “enhance the functions and utility” of the Federal Board of Revenue’s (FBR’s) Policy Board. During the Senate session presided over by Chairman Sadiq Sanjrani, Kauda Babar, an independent senator from Balochistan, introduced the Federal Board of Revenue (Amendment) Bill, 2020 which was referred to the relevant standing committee. “The Policy Board of Federal Board of Revenue was conceived as an apex forum for the provision of policy guidance to…

Read More

Integrated plan afoot to generate 100,000 MW through indigenous resources: Omar Ayub

ISLAMABAD, Jul 27 (APP):Minister for Power Division Omar Ayub Khan on Monday informed the Senate that the government had an integrated plan to generate 100,000 MW by 2047 through indigenous resources to ensure energy security and boost industries.  Winding up discussion on a motion that this House may discuss the issue of increase in circular debt beyond Rs 1660 million, moved by Mushtaq Ahmad, the minister said share of indigenous energy would be enhanced to 80 per cent to get rid of expensive energy based on imported fuel. He said…

Read More

Coal Ventures In Pakistan Cause Idividuals dislodging And Filthy Water

They said coal projects were causing the displacement of people and polluting drinking water and affecting the environment. The Pakistan Fisherfolk Forum organised the conference on ‘air pollution and groundwater’ in the coastal neighbourhood of Ibrahim Hyderi. The moot followed SOPs as the distance of six feet among the seating of participants was maintained. PFF chairman Muhammad Ali Shah said coal power plants at the coastal belt of the country had blocked creeks of fishermen and polluted marine resources. “Pakistan was going behind coal power projects at the time when…

Read More

The Cript and The Quad

The $400 billion strategic partnership between Iran and China is a milestone in the rise of the Middle Hemisphere. It’s somewhat like the Monroe Doctrine of 1923 when the US realized that it didn’t need to physically take over other countries when there were less bloody and messy ways of establishing economic dominance in the Western Hemisphere. Through the Belt and Road Initiative (BRI) China has already invested billions in every major South Asian and Middle-Eastern country. Alongside the comprehensive cooperation deal between Iran and China came the news that…

Read More

Provincial Govt To Launch Small Scale Power Projects Under Roshan Balochistan Programme

ISLAMABAD, (APP – UrduPoint / Pakistan Point News – 27th Jul, 2020 ) :The Balochistan government has been planning to launch small scale power projects under Roshan Balochistan programme which would be handed over to Quetta Electric Supply Company (QESCO). The energy generated from the small scale power projects could be used for street lights and water supply tube wells, the sources in Balochistan government told APP. Under Roshan Balochistan programme, power supply projects would be formulated at a specific location in off-grid areas which would benefit the people of…

Read More

SSGC invites bids to import 7,500MT LPG for winter

KARACHI: The Sui Southern Gas Company (SSGC) has invited bids from suppliers for the provision of 7,500MT of imported LPG in three parcels of 2,500MT each, to be delivered in October, a statement said on Monday. The southern gas utility supplies synthetic natural gas (SNG) during high demand as an alternative to piped gas, it added. SSGC was already setting up LPG air mix plants in remote areas of Sindh and Balochistan where conventional pipelines cannot be laid. LPG is mixed with air to produce synthetic gas for onward supply…

Read More

PTI govt to expand inquiry against OMCs

ISLAMABAD: The government is set to expand the scope of inquiry against oil marketing companies (OMCs) to probe the shortage of petroleum products in June 2020. The Cabinet Division has moved a summary to the cabinet for constitution of a commission of inquiry to investigate the shortage of petroleum products in its meeting scheduled for Tuesday. This will be the third inquiry to be conducted by the government into the petrol crisis, which occurred in June when different OMCs curtailed oil supplies to their retail outlets, shifting the entire burden…

Read More

Electricity generation in Pakistan rising, despite the pandemic

The year 2020 has not been kind to most sectors of the economy, what with the double whammy of a global pandemic and the ensuing global recession. Yet, all things considered, it is remarkable that power generation in Pakistan actually fared alright, declining only marginally when comparing fiscal year 2020 to 2019. Even better, demand for power has picked up in June 2020, according to Sunny Kumar, analyst at Topline Securities, in a note sent to clients on July 23.  Power generation in Pakistan declined by 1% year-on-year to 121,867…

Read More