Month: September 2024

Government May Scrap 300 MW Gwadar Coal Power Project Over Delays

Admin
coal

ISLAMABAD: The government is likely to cancel the 300 MW imported coal power project in Gwadar as the Chinese firm, CIHC Pak Power Company (Pvt) Ltd (CPPCL), has yet to make significant progress. Sources from the Private Power & Infrastructure Board (PPIB) revealed that CPPCL is demanding a further upward revision in tariff before moving ahead. PPIB Managing Director, Shah Jahan Mirza, has issued a final deadline to CPPCL, asking for a firm decision by September 18, 2024, or risk the government taking alternate action. The project has faced multiple…

Read More

Energy Companies Agree to Lower Tariffs in Response to PM’s Request

Admin
power-subsidy

At the request of Prime Minister Shehbaz Sharif, local energy companies, including Liberty Power Producers and Gul Ahmed Energy Power Plant, have agreed to reduce electricity production tariffs. This decision aims to provide relief to Pakistanis facing an ongoing energy crisis. Danish Iqbal, Chairman of Gul Ahmed Energy Power Plant, emphasized the shared responsibility of all stakeholders in addressing the country’s energy challenges. “Our priority is to lower electricity tariffs for the people of Pakistan,” he stated, calling for collaboration within the energy sector. Gul Ahmed Wind Power Ltd also…

Read More

PPIB Facilitates Landmark Achievement: USD 1.7 Billion Suki Kinari Hydropower Project Completes Reliability Run Test

Admin

The Private Power & Infrastructure Board (PPIB), as a one-window facilitator for private investment in the power sector on behalf of the Government of Pakistan, is thrilled to announce the successful commissioning of the 884 MW Suki Kinari Hydropower Project under the China Pakistan Economic Corridor – CPEC (CPEC). This milestone achievement represents a significant investment of USD 1.7 Billion.on behalf government of Pakistan MD PPIB Shah Jahan Mirza saysWe extend warm felicitations to the Chinese sponsors (Energy China), the Governments of China and Pakistan, Chinese financial institutions, Pakistani organizations,…

Read More

Inauguration Ceremony of IEEEP Fair 2024

Admin
IEEEP-2024

The Inauguration Ceremony of IEEEP Fair 2024, organized by Badr Expo, was held on September 10, with great fanfare. Minister Energy, Planning, and Development, Syed Nasir Hussain Shah graced the occasion with his presence.The event witnessed excellent participation from both local and foreign entities, fostering great collaborations. The insightful conference and enlightening exhibition aimed to promote Pakistan’s growth in the electrical and electronics engineering sector. . Kudos to the organizers and participants for making IEEEP Fair 2024 a memorable and impactful event!Energy Update Magazine was the media partner of this…

Read More

Tarbela Dam Celebrates 50 Years of Vital Contributions to Pakistan’s Agriculture and Clean Energy

Admin
dam-tarbela

ISLAMABAD: Tarbela Dam celebrates its 50th anniversary this year, commemorating five decades of crucial contributions to Pakistan’s agriculture, flood control, and clean energy generation. Completed in 1974, the dam has significantly bolstered the national economy by releasing 406 million acre-feet (MAF) of water for irrigation and generating over 590 billion units of eco-friendly electricity for the grid. As the world’s largest earth and rock-fill dam upon completion, Tarbela boasts a current installed power capacity of 4,888 MW, with ongoing expansions set to increase capacity to 6,418 MW. Despite a reduction…

Read More