Year: 2021

K-Electric to add 450 MW by May 21

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KARACHI: The first 450 MW unit of RLNG-based BQPS-III project is scheduled to come online by May 2021 which would help improve K-Electric’s generation fleet efficiency from 38% in FY 2020 to 48% in FY 2023. Chief Financial Officer KE, Aamir Ghaziani, in a corporate briefing held via webinar on Wednesday, reiterated KE’s commitment with taking Karachi to a power surplus position by 2022 and informed that upcoming 900 MW RLNG-based BQPS-III is proceeding as per expected timelines while of renewable energy projects of 350 MW were also in the…

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Unsavoury truths about power tariffs’ – III

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Again, this sector also needs to be developed around energy-efficient green building concept if we ever want to solve our energy crises. In an efficient environment, building sector consumes about 40% of total energy and in our poorly-designed building environment, we waste too much energy and there is no attempt to follow even the essential requirements of Pakistan Building Energy Code. How can the government allow any building project without enforcing the Energy Code? Another misperception in green concept is that trees “convert” carbon di oxide to oxygen? In reality,…

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Australia Boosts LNG Spending To Compete With Qatar

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Australia’s LNG operators are set to approve gas drilling and LNG infill projects worth more than US$10 billion this year in a bid to stay competitive in a very dynamic global marketplace Australian liquefied natural gas (LNG) developers look ready to shrug off a difficult 2020 by significantly boosting spending on major new projects this year. Following slashed capital expenditure and deferred gas project sanctioning last year, Australia’s LNG operators are set to approve gas drilling and LNG infill projects worth more than US$10 billion this year. New projects are…

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Unsavoury truths about power tariffs’ – II

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Higher tariff simply because of inefficiency is ensuring corruption all the way and we are doomed! We have ensured total collapse of our affordable energy sector. We had natural gas, an economical and eco-friendly source of energy, which we wasted callously and now find no option but to import expensive LNG and yet we refuse to ensure efficient consumption. Whereas efficient systems could reduce both costs and global “weirding” (climate change causing weather-related extremes), we are opting for inefficient and expensive energy, killing most opportunities in this competitive world. How…

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Govt may extend contract of Member Nepra Punjab

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ISLAMABAD: The federal government is likely to extend contract of Saifullah Chattha, Member Nepra Punjab for one year, well-informed sources told Business Recorder. Chattha, who is former Secretary Water and Power, has rich experience in the energy sector and government wants him to stay for another year. The sources said that the Punjab government has prepared a summary for the federal government requesting that the term of Chattha be extended for another year. His four-year term is expiring this week. The sources maintained that as the summary of the Punjab…

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