Day: September 2, 2021

The first China-Pakistan Economic Corridor (CPEC) project in the power evacuation and transmission sector, the 660kV High-Voltage Direct Current (HVDC) Matiari-Lahore transmission line, started commercial operations on Wednesday on its scheduled date. On the first day, the project saved the country from a major breakdown by protecting the transmission, dispatch and distribution systems from a possible cascading effect due to tripping at Jamshoro. “It is a matter of great importance that the country finally succeeded in having the first and the biggest HVDC transmission line to evacuate 4,000 megawatts from…

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Pakistan’s rupee dropped to a one-year low, closing in on the 167 level against the US dollar in the inter-bank market, as demand-side forces continued to put pressure on the currency on Wednesday. As per the State Bank of Pakistan (SBP), the currency closed at 166.87 against the dollar in the inter-bank market, registering a depreciation of Rs0.48 or 0.29%. This is the currency’s lowest level since August 28, 2020 when it closed at 167.43 against the USD. The rupee has lost over 5% since July 2021 alone, and has…

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Islamabad Of every 800 regular electricity users in the country, around 35 are hook or kunda connections. The situation puts a question mark over the working of power distribution companies (DISCOs). Inefficiency on the part of DISCOs has been a major drag on the sector’s financial health, as there are losses and low recoveries. The Senate Standing Committee on Power that met here with Senator Saifullah Abro in the chair on Wednesday discussed the “Kunda Culture” along with a report on the number of regular and kunda connections in each…

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Pakistan’s first private sector Matiari-Lahore high voltage direct current (HVDC) transmission line project has become operational on Wednesday. According to a statement released by National Transmission and Despatch Company, the flagship project under CPEC has achieved its commercial operation date successfully today as per the agreed timeline between National Transmission and Despatch Company Ltd (NTDC) and Pak Matiari-Lahore Transmission Line Company (PMLTC). In this connection, a ceremony was held at WAPDA House Lahore, attended by Managing Director NTDC Engr. Azaz Ahmad and Ms Zhang Lei, President and CEO of PMLTC…

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The National Electric Power Regulatory Authority (NEPRA) has initiated proceedings to determine the tariff to be charged from electric vehicles by electric charging station, an official document suggests. The National Electric Vehicle Policy provides, “Nepra shall develop a policy to enact EV tariffs and to ensure compliance with EV standards and specifications.” “Therefore, the authority has initiated proceedings to amend the terms and conditions of the distribution companies and K-Electric Limited to include Electric Vehicle Charging Stations,” the document noted. The authority would also determine the maximum cap for EV…

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