July 25, 2023 - Energy Update

Thar Coal Energy Board approves coal tariff of Block-I & Block-II

July 25, 2023July 25, 2023 Admin

KARACHI (July 25): The Thar Coal Energy Board in its 25th meeting held under the chairmanship of Sindh Chief Minister Syed Murad Ali Shah approved a levelized tariff of $ 37.36 per ton for the Financial Close stage petition for 7.8 million tons per annum of Block-I and a levelized tariff of $ 30.40 per ton for Contract stage petition for 11.2 million tons per annum of Block-II .The meeting was held at CM House and was attended by Federal Planning Minister Mr. Ahsan Iqbal (through video link) Energy Minister…

The Impact of Rupee Devaluation on Pakistan’s Energy Sector

July 25, 2023July 26, 2023 Admin

By Mustafa tahir Introduction:Pakistan, like many developing nations, heavily relies on its energy sector to fuel economic growth and meet the demands of its rapidly growing population. However, the country has faced numerous challenges in maintaining a stable economy, one of which is the fluctuation of its national currency, the Pakistani Rupee (PKR). This blog will delve into the consequences of rupee devaluation on Pakistan’s energy sector and explore the various implications it has on the nation’s energy landscape. Increased Cost of Energy Imports:Rupee devaluation results in a weakened currency,…