Pakistan looks forward to benefit from European expertise in renewables”, remarked Federal minister for power Engr. Khurram Dastgir Khan

Federal minister for Power Engr. Khurram Dastgir Khan held a meeting with a delegation of European Parliamentarians here today.Federal minister briefed the delegation about the rehabilitation efforts done in flood affected areas. The tireless efforts of Ministry of Energy enabled early restoration of electricity in the worst hit areas. Minister highlighted that climate change is no more a theory but…

Read More

Export-oriented sectors to get power at an all-inclusive rate of Rs19.99 per unit

The country’s influential five zero-rated sectors, referred to as export-oriented sectors will be charged Rs 19.99 per unit electricity all-inclusive whereas domestic consumers are being charged over Rs 40 per unit. Interaction with power sector experts and officials revealed that the government had budgeted Rs 20 billion subsidy to provide concessional electricity to five zero-rated sectors including textile, carpets, sports,…

Read More

Generation woes


Inefficiencies in the power sector is the bigg-est headache for any government. The estimated direct and indirect fiscal cost (including circular debt and subsidies) of the power sector is at Rs9.4 trillion in the last fifteen years. The usual criticism is on the transmission and distribution system and inefficient discos. There is no denying these issues. However, not much heed…

Read More

Pakistan Oilfields commences gas production from Tal block ahead of schedule

The production of hydrocarbon from the Tolanj West -2, a development well in Tal block located in Kohat Plateau, Khyber Pakhtunkhwa, has successfully commenced significantly ahead of the original plan, Pakistan Oilfields (POL) said in a filing sent to the bourse on Friday. POL, one of the largest Exploration & Production (E&P) companies in the country, shared that the production…

Read More

New market players get access to NTDC, distribution companies’ networks


The National Electric Power Regulatory Authority (Nepra) on Thursday issued new rules allowing new market players to have non-discriminatory access to existing transmission and distribution networks currently maintained mostly by the public sector entities and K-Electric and provide electricity to bulk consumers. The Open Access (Interconnection and Wheeling of Electric Power Regulations, 2022 would practically end exclusivity rights of the…

Read More

Polish company seeks concessions

The Ambassador of the Republic of Poland, Maciej Pisarski announced on Thursday that the Polish Oil and Gas Exploration and Production Company, operating successfully in Pakistan for the last 25 years, used the latest technology to extract tight gas from the rock formations. Addressing businessmen in a meeting with the Karachi Chamber of Commerce and Industries (KCCI), the envoy said,…

Read More