Day: July 4, 2021

Energy shortfall across Punjab has crossed 2,000MW, said Lahore Electric Supply Company (LESCO) on Friday. The spokesperson of the LESCO in his statement said that currently, the energy shortfall in the province is recorded at more than 2,000MW and as a result, the urban and the rural areas of the province are facing unannounced power cuts. “The grid stations in Lahore are overloaded which is resulting in tripping of the stations,” the LESCO official said. The sources within the power division have said the load shedding is increasing due to…

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Federal Minister for Energy Hammad Azhar has said the twin crisis of gas and electricity will be over by Monday and 70% supply of the Regasified Liquefied Natural Gas (RLNG) will be restored from today [Saturday]. “40% re-gasification of the RLNG from the replacement ship has been achieved two days ahead of schedule. We are targeting 70% restoration of the RLNG supply by tomorrow [Saturday],” the minister said in a social media post on Friday as a number of cities across the country faced long power outages. Speaking at a…

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With power sector circular debt touching Rs2.327 trillion as of June 30, 2021, the Cabinet Committee on Energy (CCoE) on Thursday ordered expeditious implementation on oil crisis report including transfer of additional powers to Oil & Gas Regulatory Authority (Ogra) to regulate oil marketing sector. Presided over by Planning Minister Asad Umar, the CCoE also desired a final position of all the stakeholders on allocation of pipeline capacity and tie-in mechanism before the next meeting to secure final investment decisions (FIDs) from investors of two additional merchant LNG terminals. It…

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ISLAMABAD: As the government conceded up to 1,500MW power cuts due to shortfall in addition to loadshedding, the power regulator on Friday approved an increase of up to Rs2.97 per unit in tariff for electricity consumers of ex-Wapda distribution companies (Discos) with effect from October 1. According to an order along with schedule of tariff (SOT) released by the National Electric Power Regulatory Authority (Nepra), the tariff increase includes a fresh surcharge of Rs1.25 per unit for all consumers, except residential consumers, and a quarterly adjustment of Rs1.72 per unit…

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