The paramount challenges that climate change poses to Pakistan are related to water and heat. Pakistan’s upslope contour from glacial mountains in the north to the south’s lowland areas stages a conundrum in front of the decision-makers. Despite its trivial contribution, Pakistan will face the direful aftermath of climate change in the wake of its topography and geography. Pakistan –…
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KARACHI: Karachi Chamber of Commerce and Industry (KCCI) on Tuesday demanded the government to let the private sector foray into distribution of electricity to overcome the energy crisis. KCCI urged the regulator to withdraw the exclusive rights of power generation, sales and distribution granted to K-Electric in July 2003. Private sector should be allowed to conduct business of distribution and…
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K-Electric could not issue electricity bills to its consumers in various regions as its billing system became non-functional after the attack. K-Electric, the sole electricity provider for Karachi has suffered a ransomware attack that led to the disruption of billing and online services. As per details, amid the attack K-Electric customers have been unable to access the online services for…
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ISLAMABAD: Warning of an impending serious gas shortage, the federal government on Tuesday said the Article 158 of the Constitution that promised priority rights to gas producing provinces was becoming irrelevant and all stakeholders would have to reach a consensus on a workable way forward. “We will be going towards massive (gas) load shedding in the coming days. We have…
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Amid a growing gas crisis in the country, Pakistan Petroleum Limited (PPL) has stumbled upon what can easily be deemed as fairly decent gas reserves deep in the Balochistan province. The discovery of hydrocarbons, though significant in itself, promises to usher in a new chapter in the country’s oil and gas exploration sector. More than 70 years on, the energy…
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ISLAMABAD: The federal government’s “Dubai Group” is reportedly behind the move to remove Chief Executive Officer (CEO), Karachi Electric (KE), Moonis Alvi for ostensibly not bringing any improvement in the power utility’s generation, distribution and transmission system, well-informed sources told Business Recorder. On Monday, a high-level meeting presided over by Minister for Energy, Omar Ayub decided to constitute a committee…
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ISLAMABAD: The federal government has reportedly decided to settle payables of government-owned power plants amounting to Rs 357 billion as of June 2020 at par with settlement with Independent Power Producers (IPPs), well-informed sources told Business Recorder. The decision was taken by the Cabinet Committee on Energy (CCoE) headed by the Minister for Planning, Development and Special Initiatives, Asad Umar.…
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