ISLAMABAD: The federal government has urged all four provincial administrations to clear outstanding electricity bills amounting to Rs150 billion to prevent power cuts and mitigate financial strain on the national economy. In letters addressed to the chief ministers, Power Minister Awais Ahmad Khan Leghari called for urgent intervention to ensure the clearance of dues owed by provincial departments. He cautioned that with the limited financial resources available to Distribution Companies (Discos), sustaining uninterrupted power supply would be challenging, further exacerbating the circular debt crisis. According to the minister, the Sindh…
Read MoreYear: 2024
OGRA DETERMINES LPG PRICE
Islamabad, November 30, 2024: The Oil and Gas Regulatory Authority (OGRA) hasnotified the maximum Price of LPG, effective December 01 2024, as under;Notified LPG Producer prices Rs. / Ton Rs / 11.8 kgCylinderDecember -2024 ( w.e.f 01-12-2024) 213,004.61 2,513.45November -2024 212,892.45 2,512.13Increase / (Decrease) 112.16 1.32Notified LPG Consumer prices Rs. / Ton Rs / 11.8 kgCylinderDecember -2024 ( w.e.f 01-12-2024) 254,304.61 3,000.79November -2024 254,192.45 2,999.47Increase / (Decrease) 112.16 1.32
Read MoreNEPRA Concludes Hearing of K-Electric’s Bid Evaluation Report for 150 MW Renewable Energy Projects
Karachi, December 11, 2024: K-Electric (KE) has made remarkable progress in its journey toward renewable energy with the submission of the Bid Evaluation Report for its 150 MW solar projects at Winder and Bela, Balochistan, to NEPRA. The regulator today concluded the hearing on the subject marking a critical step towards finalization of these projects reflecting KE’s journey to transforming Pakistan’s energy landscape. After getting a nod of approval from NEPRA earlier this year, KE initiated the industry’s first competitive bidding process to launch renewable energy projects. The 150 MW…
Read MorePress Release :Leading Companies Honored for Excellence in Fire Safety at 14th Fire Safety Awards 2024
Karachi, December 12, 2024: The National Forum for Environment and Health (NFEH), in collaboration with the Fire Protection Industry of Pakistan (FPIP), proudly announces the winners of the 14th Fire Safety Awards 2024, recognizing outstanding fire safety practices by leading organizations across various sectors. The prestigious ceremony will be held in Karachi and will feature Governor Sindh Kamran Khan Tessori as the Chief Guest, alongside the participation of Syed Nasir Hussain Shah, Minister of Energy, Government of Sindh. The awards celebrate 45 organizations that have demonstrated exceptional dedication to fire…
Read MoreOgra Approves Export of Additional 80,000 MT of Furnace Oil
KARACHI: The Oil and Gas Regulatory Authority (Ogra) has granted approval for the export of an additional 80,000 metric tonnes (MT) of furnace oil to address surplus stock amid declining domestic demand. The new approval includes 50,000MT for Pak-Arab Refinery Limited (Parco) and 30,000MT for National Refinery Limited (NRL). Parco is authorized to export its allocation during the fourth week of December, while NRL will export 15,000MT each from Port Qasim and Kemari Port during the same period. This follows an earlier decision allowing Cnergyico Pakistan Limited (CPL) to export…
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