NPCC to Send Engineers to China for Transmission Line Stability Study


ISLAMABAD: The National Power Control Centre (NPCC) is set to send two engineers to China to study the Stability Control System (SCS) of the north-south transmission line after the Chinese company M/s PMLTC refused to send its engineers to Pakistan due to security concerns following the Dasu Project attack. Sources revealed that M/s PMLTC has installed the SCS for the…

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Unresolved Tariff Issues Hinder US Investment in Pakistan’s Wind Projects


ISLAMABAD: A delegation from the United States Treasury Department, led by Assistant Secretary Brent Neiman, addressed critical power sector challenges during their visit to Islamabad, focusing on issues such as circular debt and tariffs for wind projects. The delegation’s two-day visit aims to assess Pakistan’s economic situation, the potential for a new IMF program, and the overall business and investment…

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ECC Approves Rs9 Billion for Clearing OMCs’ Price Differential Claims


ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved the release of Rs9 billion to clear outstanding price differential claims of Oil Marketing Companies (OMCs), including Pakistan State Oil (PSO). The decision was made during an ECC meeting chaired by Finance Minister Muhammad Aurangzeb. The Petroleum Division’s proposal to allocate Rs9 billion for the payment of these claims…

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NPCC Reduces RLNG Demand for Power Generation from July to September 2024


ISLAMABAD: The National Power Control Centre (NPCC) has announced a reduction in the demand for Regasified Liquefied Natural Gas (RLNG) for power generation for the period from July to September 2024. This decision follows a pattern of reduced load in recent months, according to well-informed sources at Business Recorder. Despite substantial load shedding due to a significant gap between power…

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Petrol Prices Expected to Drop by Rs9


ISLAMABAD: In response to lower international oil prices, the government is anticipated to reduce petrol and high-speed diesel (HSD) rates in its upcoming fortnightly price review on June 15. Petrol prices are expected to decrease by about Rs9 per liter, while HSD rates might drop by Rs5 per liter. Sources indicate that international prices for petrol and HSD have fallen…

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