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Day: February 12, 2023

Two oil firms pay Rs1.4bn dues China encourages Pakistani new energy companies for collaboration Two oil firms pay Rs1.4bn dues

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pak-china

Haining city has a number of advanced photovoltaic energy storage and other new energy enterprises, looking forward to strengthening technical exchanges and cooperation with Pakistani and other Belt and Road Initiative countries in the field of commerce and new energy. These views were expressed by Jin Hongxian, Deputy Director of Economic Development Office of Zhouwangmiao, Haining City, Zhejiang province, China…

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Oct-Dec QTA: Discos seek increase in tariffs

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powertariffs

Power Distribution Companies (Discos) have sought an increase of up to Paisa 70 per unit in their tariffs to recover Rs 17.198 billion from their consumers for the second quarter (Oct-December) of fiscal year 2022-23 under Quarterly Tariff Adjustment (QTA) mechanism. National Electric Power Regulatory Authority (Nepra) is scheduled to hold a public hearing on the QTA adjustments of Discos…

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Power tariff to be hiked in phases

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power

As for now, the government on Saturday approved Rs8 per unit increase in the price of electricity for both domestic and commercial consumers, local media reported. Electricity’s basic as well as quarterly tariff will be raised while arrangements are also being made to withdraw the subsidy. It has been learnt that the government is even ready to withdraw the subsidy…

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NTDC Energises transformer

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electric

National Transmission & Dispatch Company (NTDC) has successfully augmented the existing 160 MVA, 220/132 kV autotransformer (T1) with a 250 MVA unit at 220 kV Industrial-II Quetta grid station. The said autotransformer was energised on Saturday. This project, part of the World Bank funded NTMP-I programme, has been completed under the System Constraints Removal Programme, which will see an enhancement…

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America’s Vulnerable Energy Infrastructure Is A Threat To National Security

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With news reports of attacks on U.S. power grids rising to an all-time high last year, cyber security and energy infrastructure robustness are being called into question. As well as strengthening energy infrastructure in line with green transition developments and the increased connectivity of renewable energy operations, the U.S. must consider improving its cybersecurity to ensure it is resilient to…

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Why are BP, Shell, and other oil giants making so much money right now?

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The big oil companies – from the UK-based BP and Shell to international giants such as ExxonMobil and Norway’s Equinor – have been announcing astonishing profit figures. They are all benefitting from the surging price of oil and gas following the invasion of Ukraine. While they rake in the profits, people around the world are struggling to pay their energy…

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