Day: August 16, 2021

Power and gas: ECC may extend concessional tariffs to industry today

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The Economic Coordination Committee (ECC) of the Cabinet which is scheduled to meet on Monday (Aug 16) is expected to extend concessional tariffs of electricity and gas for industry including export-oriented sectors, well-informed sources told Business Recorder. The meeting to be presided over by Finance Minister Shaukat Tarin will approve continuation of RLNG to export-oriented industry at $6.5/MMBTU including Karachi and cents 9 per unit for electricity. Previously, the tariff for export-oriented industry was cents 7.5 per unit. The ECC will also extend flat electricity tariff to industrial consumers across the…

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Stranded LNG tanker towed to Karachi

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Pakistan Maritime Security Agency (PMSA) towed in a stranded LNG carrier to Karachi Port on Saturday from Keti Bandar where it was stranded due to technical issues since August 5. According to a PMSA press release, the agency had received a distress message an August 9 from GAS YODLA, with 17 crew members onboard was anchored 15NM off Keti Bandar on August 5. The ship had lost its propulsion due to machinery breakdown and was also reported low on fuel, water and provisions. Accordingly PMSA Ship PMSS SABQAT was tasked…

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GI pipes fitting cost: SNGPL found involved in over Rs1 bn double charging of domestic consumers

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The Sui Northern Gas Pipelines Limited (SNGPL) is found to be involved in almost over Rs1 billion swindle by double charging domestic consumers in GI (Galvanized Iron) pipes fittings while installing the gas connection meters since 2013. Since 2013, the new gas connections of 300,000-400,000 are given to the masses every year, but in the 2018 elections, the number of gas connections surged up to in the range of 500,000- 600,000. The gas company has been found to double charge the consumers in the head of GI pipes fitting cost…

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Advanced metering system project being delayed

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The government’s indecisiveness on the multi-million dollar Advanced Metering Infrastructure (AMI) project has put the investment from Korea Telecom Limited and Kaifa Consortium in jeopardy as top mandarins at the Power Division (PD) and Planning Commission (PC) have so far failed to take a decision about the fate of the project. “The project that was meant to reduce electricity theft and improve recovery through accurate billing, keeping in view the real time data, is being treated between the two ministries like a ping pong ball,” a senior official at the…

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Going green without sustainability can do more harm

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The colour green, denoting cleanliness and freshness, has been reduced to a buzzword across the country, for projects aiming to counter the challenges of pollution, global warming and climate change registered to affect the atmosphere, public health, livelihood and ultimately the economy. However, the question of sustainability is frequently ignored in such projects. The scenario in the metropolis is no different, with different groups, organisations and people in their individual capacities trying to provide much required “green cover” during the ongoing, country-wide, monsoon season tree plantation. The need for a…

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