2023 - Page 197 of 331 - Energy Update

Dastgir inaugurates 500kV transmission line between Thar and Matiari

May 26, 2023May 7, 2024 Admin

HYDERABAD: Federal Minister for Energy Khurram Dastgir on Thursday inaugurated the 500-kilovolt Thar-Matiari transmission line.He visited Noh Hotiani village in Matiari district where he inaugurated the 500KV Thar-Matiari transmission line.According to a spokesperson for the National Transmission & Despatch Company (NTDC), the project was completed in a record period of two-and-a-half months. The 220-kilometre-long transmission line connecting Thar with the national grid cost around Rs20 billion. Earlier, Dastgir spoke at a ceremony organised by the NTDC in connection with the inauguration of the transmission line at a hotel in Hyderabad.…

Houthis Sign Deal With China For Oil Exploration In Yemen

May 23, 2023May 23, 2023 Admin

The Houthi-led government in Yemen this weekend signed a deal with Chinese officials and a Chinese company that will invest in oil exploration in Yemen. China’s Anton Oilfield Services Group (AntonOil) and a representative of the Chinese government signed on Saturday the memorandum

Rs67bn Loss Caused Thru Misuse of Subsidised RLNG For EoUs

May 23, 2023May 23, 2023 Admin

Directorate General of Audit Petroleum and Natural Resources has found shortcomings in supply of subsidized RLNG to Export Oriented Units (EoUs), which was massively misused as no monitoring mechanism was framed by the ministry of Commerce (MoC) and Federal Board of Revenue (FBR) for checking

Swelling Circular Debt Also Affects NPPs

May 23, 2023May 23, 2023 Admin

As the country’s energy sector is facing a cumulative circular debt of stock of over Rs 4 trillion, Nuclear Power Plants (NPPs) are also victim of indecisions of federal government entities with respect to payment of overdue receivables. Of Rs 4 trillion total circular debts, Rs 2.6 trillion is related to power sector whereas the stock of petroleum sector stands at Rs 1.7 trillion.

The Climate Issue

May 23, 2023May 23, 2023 Admin

The Pakistan Metrological Department has released its monthly report for March, which discloses that 42 per cent more rainfall occurred in March than average. Last year, Pakistan bore the brunt of climate change in the form of destructive floods and is still recovering from the loss of $30 billion caused by the floods.

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