Bonn (WWEA) – The year 2023 ended with a new record for new wind turbine installations: In total, the world added 116’065 Megawatt of new capacity within one year, more than ever before. According to preliminary statistics published today by the World Wind Energy Association, global wind power capacity has now passed one million Megawatt and has reached 1’047’288 Megawatt – very close to the prediction published by WWEA in autumn 2023. The volume of the capacity added is 34% higher than in 2022, when the world added only 86…
Read MoreDay: March 28, 2024
Thatta Cat-III wind projects: PPIB develops ‘new arrangements’
ISLAMABAD: Private Power & Infrastructure Board (PPIB) is said to have developed new arrangements for Category-III wind projects in Thatta, according to which K-Electric (KE) will purchase 300-MW electricity using its own transmission network, well informed sources in NEPRA told Business Recorder. This was revealed by Managing Director, PPIB, Shah Jahan Mirza in a letter to Chairman National Electric Power Regulatory Authority (Nepra), Waseem Mukhtar. According to sources, Managing Director stated that pursuant to the CCoE decision of February 27, 2019, subsequently approved by the Council of Common Interests (CCI) under…
Read MoreSIFC Raises Concerns Over UAE Focal Persons’ Response to RE Project Interest
The Special Investment Facilitation Council (SIFC) has expressed reservations regarding the lack of response from United Arab Emirates (UAE) focal persons to a company interested in renewable energy (RE) projects in Pakistan. In a letter addressed to relevant ministries, SIFC enclosed a letter from the Ministry of Foreign Affairs (MoFA), based on communication from Pakistan’s ambassador to the UAE, highlighting the issue. According to sources, the Foreign Office’s ambassador in Abu Dhabi held a meeting with the Abu Dhabi Development Holding Company (ADQ) focal person to discuss updates on seven…
Read MoreIranian Firm Sunir Seeks PM’s Help for Outstanding Dues
M/s Sunir, an Iranian firm, has reached out to Prime Minister Shahbaz Sharif seeking assistance in receiving payment for outstanding dues owed by the National Transmission and Despatch Company (NTDC). In a letter to the Prime Minister, Managing Director Hasan Gholinezhad highlighted Sunir’s completion of the Gwadar Pak-Iran 220KV interconnection transmission line, allowing for the import of an additional 100MW of electricity from Iran to the Gwadar region despite significant challenges such as security issues and adverse conditions. The company claims that, despite fulfilling their contractual obligations and beginning work…
Read MorePPIB Develops New Arrangements for Thatta Cat-III Wind Projects
The Private Power & Infrastructure Board (PPIB) has introduced new arrangements for Category-III wind projects in Thatta, aiming to facilitate the purchase of 300 MW of electricity by K-Electric (KE) through its transmission network, according to sources familiar with NEPRA’s information. The Managing Director of PPIB, Shah Jahan Mirza, communicated these developments in a letter to NEPRA’s Chairman, Waseem Mukhtar. The new arrangements stem from a decision by the Cabinet Committee on Energy (CCoE) in February 2019, subsequently endorsed by the Council of Common Interests (CCI) under the Alternate Renewable…
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