Day: August 24, 2021

Pakistan Is Likely To Face Massive Gas Loadshedding Very Soon

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And the failure of the government in retaining the new FSRU will also cause maximum gas loadshedding in the winter season as it will not be able to use the additional capacity of 180mmcfd of FSRU Sequoia, said a senior official who attended the meeting held on August 19 in Islamabad on utilization of additional capacity available at both LNG terminals. The meeting participants also discussed the worst scenario of Engro LNG terminal shutdown that is to emerge after the government’s failure. In the winter season, the demand swoops up…

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TTP in disarray after funding from India stopped: Fawad

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Information Minister Fawad Chaudhry said on Tuesday that the Tehreek-i-Taliban Pakistan (TTP) has been left in a state of “disarray” after Indian funding for the militant organisation had halted. “We should be satisfied to know with regards to the TTP that for the first time the process of Indian funding [to them] — which had been going on for a long time — has ended and at this time they are in disarray,” he said, while addressing a press conference in Islamabad after the cabinet meeting. Talking about TTP activities…

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Nepra opposes sell-off of Discos, suggests PPP model

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National Electric Power Regulatory Authority (Nepra) on Monday opposed privatisation of power Distribution Companies (Discos), suggesting that the companies should be run on the mode of Public Private Partnership (PPP). “The current system of Discos cannot work in the long run. Nepra is not satisfied with the performance of Discos but according to my personal opinion their complete privatisation is not the solution of the problem. Discos should be run on PPP mode. Their management should be private, to be run with the support of the government,” said, Rafique Ahmad…

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More power import from Iran likely

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Pakistan has decided to increase import of electricity to 70MW from Iran to meet the needs of Gwadar even though an earlier plan to import additional electricity hit a snag due to US sanctions. Pakistan and China are developing Gwadar Port under the China-Pakistan Economic Corridor (CPEC) and the latter is also setting up a 300MW coalfired power plant. Pakistan decided to import 70MW additional power from Iran to meet the immediate needs of Gwadar in case the coal-fired power plants suffered a delay in commissioning. The plan to import…

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Govt defers approval of new IGCEP

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A cabinet body on Monday deferred approval of a World Bank dictated new power generation capacity plan after governments of Khyber-Pakhtunkhwa (K-P) and Punjab raised issues of adverse impact of the plan on relations with China and economic growth.   The meeting of the Cabinet Committee on Energy (CCOE) had been called to give approval of the Indicative Generation Capacity Expansion Plan – known as IGCEP 2021-30. The IGCEP policy approval is a pre-condition for the release of the $400 million loan tranche that the World Bank approved in June…

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