Recent load shedding on 25th and 26th of December was due to tripping of multiple grid stations in Multan region and other DISCOs. Due to fog, the grid stations of 132kv, 220kv and 500kv tripped. During same time the Hydel generation plummeted creating constraints to balance the system. NTDC system is facing a challenging time due to these extreme weather…
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KARACHI: Local refineries are reluctant to import the Russian crude oil as the global prices of furnace oil, a by-product of the Russian oil, have plunged, industry sources told The News on Tuesday. “We need the Russian crude oil at a discounted price because the price for the earlier cargo is not feasible in the present times when the furnace…
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ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar Tuesday stressed upon focusing the climate resilience and climate finance aspects in all the water projects of Balochistan and reiterated that progress and prosperity of the people of province were among the top priorities of the government. The caretaker prime minister chaired a review meeting on the important matters pertaining to the Balochistan province.…
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Gives fertiliser plants LNG worth Rs15b to be recovered from consumers ISLAMABAD: In the face of resistance from the Sindh province, the caretaker government is aiming to recoup Rs232 billion, representing the cost of diverting expensive Liquified Natural Gas (LNG) supply to domestic consumers from January 1, 2024. The gas utility, Sui Northern Gas Pipelines Limited (SNGPL), had redirected costly…
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ISLAMABAD: The Central Power Purchasing Agency (CPPA) has sought a massive Rs4.66 per unit fuel cost adjustment (FCA) for an increase in ex-Wapda distribution companies (Discos) to generate additional amount in January 2024. The National Electric Power Regulatory Authority (Nepra) will hold a public hearing today (Wednesday 7 December 2023) on the CPPA-G’s request. In a petition, the CPPA acting…
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