Month: July 2023

Seminar on Energy Crisis and Way Forward

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event

Sindh Governor Karachi: Karachi needs at least four more power distribution companies like the existing K-Electric to serve the city’s power consumers in the best possible manner with maximum efficiency of service and the lowest rates of electricity.Sindh Governor, Kamran Khan Tessori, gave the suggestion to this effect while speaking as the chief guest at a seminar on Energy Crisis and Way Forward and 17th Anniversary of Energy Update organised by the Energy Update. The Sindh Governor House hosted the event.The Governor told the audience at the seminar that the…

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Provisional tariff: KAPCO again moves Nepra for early approval

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Provisional-tariff

ISLAMABAD: M/s Kot Addu Power Company Limited (KAPCO) has again approached the power regulator for early approval of provisional tariff as National Power Control Centre (NPCC), the System Operator is repeatedly emphasizing the requirement of KAPCO units to meet system demand. In a letter to Registrar Nepra, Chief Executive KAPCO, Aftab Mahmood Butt, cited the letter of June 16, 2023 regarding notice of admission of petition on provisional tariff, adding that the power company has been contacted by System Operator and Power Division several times seeking an update on tariff…

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Spare parts for TPS-14 rehabilitation: GE warns TPS Guddu management against LC opening delay

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Spare-parts

ISLAMABAD: M/s General Electric (GE) has cautioned the management of Thermal Power Station (TPS) Guddu that any delay in opening of Letter of Credit (L/C) may have cascading effect on delivery of mandatory spare parts for necessary rehabilitation of TPS-14. In a letter to Chief Executive Officer, Central Power Generation Company Ltd, Genco-II, TPS Guddu, the Country Director M/s GE, as per Contractual Service Agreement (CSA) Exhibit 1, major inspection shall be carried out after completion of 32000 FFH from Advance Gas Path (AGP) upgrade. The AGP upgrade for GT14…

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CPEC IPPs: Finance Division asks PD to adjust Rs20.726bn as advance payment

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CPEC-IPPs

Finance Division has once again advised that Power Division may adjust the advance payments to CPEC-IPPs against next five months of FY 2023-24 ISLAMABAD: The Finance Division has asked the Power Division to adjust Rs 20.726 billion as advance payment to CPEC IPPs against next five months of current financial year (2023-24) as decided by the federal government, official sources told Business Recorder. Citing the Power Division’s letter of June 22, 2023 on implementation of Revised Circular Debt Management (CDMP), the Finance Division has stated that funds of Rs 2.726 billion…

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KE deliberately targeting PPP support base, alleges Imtiaz Shaikh

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Power-voices

K-Electric is deliberately targeting areas for loadshedding where the Pakistan Peoples Party enjoys great support, said Sindh Energy Minister Imtiaz Shaikh. In a statement issued on Friday, he said that loadshedding of 14 to 18 hours had made people’s lives miserable. “Industries are being shut down and business matters have come to a standstill,” he said. The energy minister said that the sharp rise in unemployment was harming the country’s economy. Shaikh said that for what crime was K-Electric punishing the customers who paid the electricity bills regularly. He said…

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