Day: June 28, 2024

CM Sindh Instructs Expedited Solarization of Government Buildings

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Energy-Department

Karachi: Chief Minister Sindh, Syed Murad Ali Shah, chaired a high-level meeting regarding the Energy Department, attended by Energy Minister Syed Nasir Hussain Shah, Local Government Minister Saeed Ghani, Chief Secretary Asif Haider Shah, Principal Secretary to the CM Agha Wasif, Energy Secretary Musaddiq Khan, Finance Secretary Fayaz Jatoi, and other relevant officials. In the meeting, the Chief Minister instructed the energy minister to expedite the solarization of government institutions. He emphasized that all government offices operate during daylight hours and converting these buildings to solar power would significantly reduce…

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Power Tariff Set to Rise by Rs3.41 per Unit: NEPRA to Review CPPA Application

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Nepra

The power tariff in Pakistan is expected to increase by Rs3.41 per unit due to the monthly fuel adjustment (MFA), according to media reports. The National Electric Power Regulatory Authority (NEPRA) is scheduled to review an application from the Central Power Purchasing Agency (CPPA) requesting this hike. The CPPA has attributed the proposed increase to the higher costs incurred during the monthly fuel adjustment for May. According to their report, 12.26 billion units of electricity were generated last month, with a production cost of Rs9.12 per unit. If approved, this…

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Hyderabad Faces Crisis as LPG Shortage Hits: Industrialists Demand Urgent Action

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LPG-Shortage

KARACHI: Industrialists in Hyderabad are urging the government to address a severe LPG shortage caused by the Sui Southern Gas Company’s (SSGC) failure to supply gas to eateries, food streets, and domestic users. The shortage has led to the closure of numerous LPG shops, exacerbating the crisis. Adeel Siddiqui, President of the Hyderabad Chamber of Commerce and Industry (HCCI), emphasized the urgent need for government intervention to reopen these shops. “The closure of LPG shops has caused a major crisis affecting eateries, small factories, goldsmiths, ironsmiths, and food streets,” Siddiqui…

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Vitol Wins Tender from Government-Owned LPG Company in Pakistan

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LPG-plant

ISLAMABAD: Vitol Trading Company, the world’s largest energy trading enterprise, has secured a tender from Pakistan’s government-owned LPG company. This marks a significant shift from Pakistan’s historical reliance on LPG supplies from its sanctioned neighboring country, which often involved illegal shipments and forged documents. The dependence on these illicit products has undermined real competition and exposed Pakistan to considerable risks. Vitol’s successful bid signals a move towards more legitimate and reliable LPG sources. By offering the lowest bid, Vitol demonstrates that legal and reputable suppliers can effectively compete, providing Pakistan…

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EPQL Seeks Low BTU Gas Supply from PPL’s Kandhkot Field

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Engro-Powergen

ISLAMABAD: Engro Powergen Qadirpur Limited (EPQL) has reaffirmed its interest in purchasing 50 MMCFD of low BTU gas from Pakistan Petroleum Limited‘s (PPL) Kandhkot Field for its power generation complex, on an “as-and-when available” basis. In a letter to Imran Abbasi, CEO/MD of PPL, EPQL CEO Sameen Akhtar referred to previous communications regarding their interest in gas allocation from the Kandhkot field and the confidentiality agreement signed on February 22, 2023. EPQL has resubmitted its Expression of Interest (EoI) to acquire up to 50 MMCFD gas to support its 217…

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