Massive Overbilling Uncovered in Power Distribution Companies, Government Initiates Crackdown


LAHORE: Interior Minister Mohsin Naqvi announced on Monday that the government is intensifying efforts to combat power theft and overbilling in power distribution companies (Discos). Speaking at a press conference in Lahore, Minister Naqvi revealed that a staggering overbilling of 830 million electricity units has been identified in Lahore Electric Supply Company (LESCO) alone. This overbilling affected government offices, industries,…

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NEECA Plans Meeting to Explore Export of Green Hydrogen to China, Japan, and South Korea


ISLAMABAD: The National Energy Efficiency and Conservation Authority (NEECA) is set to hold a meeting to discuss the ‘National Green Hydrogen Strategy (NGHS)’ with a focus on formulating plans to export green hydrogen to China, Japan, and South Korea. Dr. Sardar Moazzam, Managing Director of NEECA, highlighted in a letter to the Secretary Petroleum that Pakistan faces challenges in managing…

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Mughal Energy Plans to Offer 10% Shares for GEM Board Listing


KARACHI: Mughal Energy, a subsidiary of Mughal Iron and Steel Industries, is set to offer 10% of its shares to new investors as part of its strategy to raise capital and list on the Growth Enterprise Market (GEM) Board at the Pakistan Stock Exchange (PSX). In a notification to the PSX, Mughal Iron and Steel Industries announced that Mughal Energy…

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Neelum-Jhelum Hydro­power Project Encounters Setback Again: Power Generation Decreases Post-Repair


ISLAMABAD: The Neelum-Jhelum Hydro­power Project (NJHP), with a capacity of 969 megawatts and an estimated cost exceeding Rs510 billion, has faced a setback shortly after resuming full capacity operation following extensive repair works lasting nearly 20 months. The project had been closed in July 2022 due to significant cracks in its 3.5-kilometer tailrace tunnel (TRT). After 13 months of repair,…

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World Future Energy Summit 2024 Opens Today in Abu Dhabi, Focused on Advancing COP28’s Change Agenda


The World Future Energy Summit 2024 is set to open today in Abu Dhabi, marking a significant gathering of the global energy industry. Hosted by Masdar at the Abu Dhabi National Exhibition Centre (ADNEC), this event is poised to play a pivotal role in advancing the change agenda outlined at COP28 in Dubai last November. The summit boasts an impressive…

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