US Administration Cancels Gulf Of Mexico March Oil & Gas Lease Sale

The Bureau of Ocean Energy Management (BOEM) has rescinded the Record of Decision for the oil and gas lease Gulf of Mexico planned for March, effectively canceling this auction as part of the Biden Administration’s review of new drilling activities on federal land and in offshore waters. The lease sale would have offered 78.2 million acres for a region-wide Gulf of Mexico lease in…

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Bajaur villagers protest award of mining leases to outsiders

BAJAUR: The residents of Kamangra locality here on Monday took to streets against the authorities for allegedly awarding mining leases to influential people without their consent. The demonstration, held on main Khar-Peshawar Road in Nawagai, was attended by scores of people. Te protesters blocked the road to traffic for several hours. Holding placards inscribed with demands, the protesters chanted slogans…

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NEPRA directs KE to complete installation of 900 MW BQPS-III in time

ISLAMABAD: National Electric Power Regulatory Authority (NEPRA) has directed Karachi Electric (KE) to complete installation of 900 MW Bin Qasim Power Station (BQPS-III) in time to avoid load-shedding in the upcoming summer seasons. NEPRA Authority led by Chairman NEPRA, Tauseef H. Farooqi visited Karachi Electric (KE) Head Office and its under constriction 900 MW BQPS-III in order to check and…

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Post of MD NTDC: Govt unlikely to appoint expatriate Pakistani

ISLAMABAD: The Federal Government is unlikely to appoint an expatriate Pakistani as Managing Director of National Transmission and Despatch Company (NTDC) against a salary of $ 15,000 (Rs 2.4 million) per month which, according to Board Negotiation Committee is too high compared to market trends, sources close to Power Minister told Business Recorder. Sharing the details, sources said, Board of…

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NEPRA chief visits KE

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) led by its Chairman Tauseef H Farooqi on Monday visited the Karachi Electric (KE) head office and its under-construction 900MW BQPS-III, a statement said on Monday. Farooqi was briefed about the comprehensive plan regarding generation, transmission, and distribution plan submitted by KE on account of the authority’s directives given vide order dated…

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Nepra chairman launches KE’s women ambassadors programme

KARACHI: Chairman NEPRA, Tauseef H Farooqi launched K-Electric’s Women Ambassador Programme “Roshni Baji” at a ceremony at the Tipu Sultan Customer Care Centre of the company in Karachi Monday. This is a first-of-its-kind programme in which the selected women will become ambassadors for Safety and aiming to promote awareness for efficient usage of electricity along with conversion from hook connections…

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Feb power bill will make people cry, says Miftah

power-bill

KARACHI: Criticising the federal government for increasing the power tariff, Pakistan Muslim League-Nawaz Sindh’s secretary general and former finance minister Miftah Ismail on Monday said that people will scream when the February’s electricity bill will come. He said the federal government has been robbing the people in the name of fuel adjustment charges. He was addressing a press conference at…

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