Gas deficit starts haunting masses: CPPs to be closed down for two months to attain 70mmcd gas

ISLAMABAD: With the view to cope with gas shortfall, the government has decided to close down the RLNG supply to captive power plants (CPPs) for two months of December and January to attain 70 mmcfd gas for 60 days but, in return, the industry will be provided electricity at 7.5 cents per unit. Industry will be provided reduced tariff against the electricity that it was getting through captive power plants. “This issue has been agitated in the Cabinet Committee on Energy (CCoE) that met on Thursday and in the meeting…

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China’s first domestically made nuclear reactor goes online

BEIJING (AFP) – China has powered up its first domestically developed nuclear reactor — the Hualong One — a significant step in Beijing’s attempts to become less dependent on Western allies for energy security and critical technology. The reactor, which was connected to the national grid on Friday, can generate 10 billion kilowatt-hours of electricity each year and cut carbon emissions by 8.16 million tons, according to China National Nuclear Corporation (CNNC). “This marks China breaking the monopoly of foreign nuclear power technology and officially entering the technology’s first batch…

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Expensive energy ‘biggest’ problem

EDITORIAL: Prime Minister Imran Khan while addressing the World Economic Forum (WEF)-sponsored Country Strategy Dialogue on Pakistan stated that expensive energy is Pakistan’s “biggest” problem – 25 percent more expensive than in neighbouring India. The Khan administration should be given credit for the Memoranda of Understanding (MoUs) signed with Independent Power Producers (IPPs) that would reduce the negative impact of the financially crippling contracts on end consumers, industrial, commercial and householders – contracts signed by previous governments. It is also not in question that the PPP-led coalition government (2008-13) and…

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Netherlands co keen to invest $1.3bn for Desalination & Power Plants in Karachi

AWTEC Netherland, a Dutch company has expressed its intention to establishment of desalination plants and power generation from a garbage plant in Karachi, Sindh with the investment of $ 1.3 billion. As per details, the proposal was presented in a meeting presided over by Prime Minister Imran Khan about Pakistan Islands Development Authority (PIDA) and Ravi River Urban Development Authority (RUDA). The Dutch also exhibited an interest in investment in the Ravi City Project and the establishment of a renewable energy plant in Lahore. It may be mentioned here that…

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