Year: 2020

Govt move to replace under-fire KE boss

Admin

ISLAMABAD: The government has constituted a special committee to act as one-window operation for K-Electric and sought removal of the top leadership of the power utility over its alleged inability to ensure uninterrupted power supply and address disruptions within reasonable time after recent rains. Highly placed sources said the government members on the K-Electric board of directors had pushed for the replacement of Chief Executive Officer Moonis Alvi and head of the distribution department with highly motivated professionals who could respond to difficult situations and ensure efficient service delivery. “The…

Read More

The oil and gas players positioning for a post-COVID recovery with high-impact drilling

Admin

The oil and gas sector has not had it easy this year thanks to the COVID-19 pandemic and the resulting travel restrictions and impact on international travel. Oil prices have struggled to break past the $US45 ($62) per barrel mark and have in fact slipped below $US40 per barrel this week thanks to bearish news from world financial markets. Russia expects global oil demand to decline by between 9 million barrels per day (MMbpd) and 10MMbpd this year, a bigger drop than the 8.1MMbpd estimate put forward by the International Energy Agency…

Read More

Neeca all set to start audits of textile CPPs

Admin

ISLAMABAD: The National Energy Efficiency and Conservation Authority (Neeca) is all set to start energy audits of Captive Power Plants (CPPs) of textile sector in the light of a decision of the Cabinet Committee on Energy (CCoE). Neeca- an arm of the Power Division has sent letters to all the CPPs, conveying them to be ready for their energy audit as the efficiency of most of the plants was below 50 per cent. A couple of months ago, the CCoE directed the Petroleum Division to revise efficiency benchmarks of the…

Read More

Revised Electricity Tariff Agreement With IPPs To Facilitate Masses By Offering Cheap Electricity: FM Qureshi

Admin

MULTAN, (APP – UrduPoint / Pakistan Point News – 6th Sep, 2020 ) :Foreign Minister Makhdoom Shah Mahmood Hussain Qureshi said that revised agreements with Independent Power Plants on new tariff of electricity would surely facilitate masses. The agreements are almost in final stages and its fruit would be shifted toward masses soon, stated Foreign Minister while laying ground breaking of 132KV grid station at Fatima Jinnah Town, here on Sunday. Foreign Minister observed that the incumbent government of Pakistan Tehreek e Insaf engaged IPPs for revising the electricity tariff. When there will be low tariff, it will surely put break on increasing electricity bills…

Read More

Sindh govt ready to exploit potential of wind power corridors

Admin

KARACHI: A Sindh government’s plan to exploit the potential of wind corridors for power generation is seen meeting reality checks after decades it was first explored as the Sindh Transmission and Dispatch Company (STDC) is close to finalise the plan of smart grid technologies of power transmission to get benefit of natural resources, said a senior official. The STDC move came after it was awarded a transmission licence by the National Electric & Power Regulatory Authority (Nepra) last year to expand its transmission network catering to Keti-Bandar-Gharo-Jhimpir wind corridor. Hopes…

Read More