Month: December 2020

In the first part, we observed that NTDC’s IGCEP2047 envisages addition of 50 GW of new capacity in the grid by 2030, with investments to top over USD 70 billion. For a country already sinking under foreign loans and where electricity prices have risen beyond the affordability of most consumers, this should be a cause for serious concern. We must explore every option and avail every opportunity to minimize future capacity needs without compromising country’s aspirations for development and consumers’ capacity to pay. With this objective, we re-examine below, the…

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PESHAWAR, (APP – UrduPoint / Pakistan Point News – 10th Dec, 2020 ) :Board of Directors (BoD) of the Khyber Pakhtunkhwa Energy Development Organizations (Pedo) on Thursday decided to supply 148 Megawatt more electricity to industrial sector of the province on subsidized rates. The board which met under the chairmanship of the adviser to the Chief Minister on Energy also decided to soon appoint project directors for the 300 MW power Balakot and 69 MW Lavi Hydropower projects after selecting suitable candidates. The board also granted approval for promotion to next grade of different categories’ officers and low grade employees…

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ISLAMABAD: For the first time in Pakistan’s history, the government is set to face a huge LNG debacle in January, 2021 as LNG supplier companies. have not submitted bids for three earlier time slots till January 18. The development came to the fore when bids of spot cargoes were opened on Thursday for early part of January 2021 after bids for six LNG cargoes were sought. For the first time ever, the international LNG suppliers didn’t offer bids for the time slots of January 8-11, 2021, January 12-14 and January…

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Karachi: The National Forum for Environment and Health (NFEH) has demanded that a national-level emergency should be declared to tackle the problem of marine pollution as the recent sighting of coral bleaching near Charna Island shows that serious environmental issue is getting worse every passing day. In a press statement issued on Friday, NFEH President Muhammad Naeem Qureshi said that the federal, Sindh, and Balochistan governments should sit together and collectively tackle the menacing issue of marine pollution. He said that any further delay in tackling this emergency could cause…

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ISLAMABAD: In a major setback to gas-starved consumers, Pakistan could not get even a single bid for three LNG (liquefied natural gas) cargoes meant for the first half of January and attracted the highest price for the second half of the month mainly because of delayed tenders amid rising international prices. Pakistan LNG Limited (PLL) had issued tenders for six cargoes for delivery between Jan 8 and Feb 1. In response, no supplier or trader bid for the first three slots between Jan 8 and Jan 18. This is the…

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