Year: 2021

K-Electric (K-E) has sought a national policy from the regulator to sell power at a comparatively higher price to the people residing in areas where line losses and theft through illegal connections (Kundas) are high and recoveries through monthly billing stand low. The company demanded the policy from the National Electric Power Regulatory Authority (Nepra) ahead of the scheduled end to the exclusive rights of K-Electric for power supply to end-consumers in the city of ports – Karachi – and potential entry of other companies for the provision of electricity…

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Special Assistant to the Prime Minister on Energy and Petroleum Tabish Gauhar, in a letter addressed to Energy Minister Hammad Azhar, has urged that strategies be chalked out and “holistic and structural reforms” made to address energy sector challenges. The four-page letter titled “Beyond The Fire Fighting – Proposed Strategic Workstreams In The Energy Sector”, a copy of which is available with Dawn.com and dated July 23, 2021, was also sent to Prime Minister Imran Khan, Finance Minister Shaukat Tarin, Planning, Development and Special Initiatives Minister Asad Umar — who…

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Reporting about 20 per cent increase in peak summer electricity demand, the government on Wednesday sought approval for an approximately $400 million energy sector loan by the World Bank (WB) by end-September. A senior government official told Dawn that a meeting of WB’s Board of Directors is expected on September 27 and the authorities are making efforts to address outstanding issues including finalisation of the Circular Debt Management Plan (CDMP) in advance to ensure smooth sailing. Informed sources said a visiting WB delegation – led by its vice president for…

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Taking some corrective measures in procurement of Liquefied Natural Gas (LNG), the government on Wednesday ordered its two entities — Pakistan State Oil and Pakistan LNG Ltd — to make public disclosure of bidding results in a timely manner to ensure transparency. “Both the entities are advised to publish the results of the procurement decisions within 24 hours on their respective websites,” ordered Energy Minister Hammad Azhar to the two state-owned entities involved in the procurement of LNG. In separate letters, the minister also asked the chairmen of the board…

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