Year: 2022

Ms/Engro Powergen Thar Limited (EPTL) has expressed its concern over the delay in construction of dedicated transmission line for SECL (Thar Block-1) and lack of preventive maintenance at Block-2. In a letter to Managing Director NTDC and CEO CPPA-G, CEO M/s EPTL, Syed Manzoor Hussain Zaidi, EPTL has drawn the attention to longstanding issues of delays in construction of dedicated transmission lines for Thar Block-1 power plant (SECL) and lack of preventive maintenance on Thar Block-2 circuits prior to foggy conditions in upcoming winter season. According to the company, it…

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Chairman Businessmen Group (BMG) & former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala has said that Pakistan needs to increase exports but instead it is constantly declining because of unavailability of gas to industry. “How could the government expect from exporters to deliver and compete with Bangladesh and India when they have no gas. We are capable of enhancing the exports by 50 percent or $15 billion within the installed capacity but this can only be achieved when gas is available at required quantum and quality along…

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Pakistan could be teetering on the brink of yet another fuel crisis. It is about time the policymakers take decisive actions that can eliminate such threats for good. A few days ago, the Oil Companies Advisory Council (OCAC), the representative body for the downstream petroleum industry, warned that a fuel shortage might occur in some regions of the country in the near future since some oil companies experienced higher-than-expected sales last month while imports had been limited. The increase in sales can be attributed to the rise in demand from…

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Attock Refinery Limited (ARL) is likely to stop operations within the next 7-8 days due to higher stocks of Furnace Fuel Oil (FFO) as the refinery is now operating on 60 per cent capacity, which may also hit supply of J-1 to Islamabad Airport and JP-8 to Pakistan Air Force, well informed sources told Business Recorder. The main reason for the higher stocks of furnace oil is that the country’s electricity requirement is about 12,000-MW due to which the government is not allowing operations of furnace oil-fired power plants. “If situation…

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Policy changes and uncertainties in Pakistan have been a major bane for consumers and businesses alike. With frequently changing governments, important policies are made, changed, and scrapped just as rapidly. Solar energy, unfortunately, has not been an exception. Championed as one of the greatest assets for this country, solar energy has not been fully exploited to our benefit, nor has its progress been sustained. Instead, its progress has been hampered due to these constant policy changes. Three such policies, which (un)surprisingly have all occurred within this year, are highlighted in…

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