Monthly Energy Update March Magazine
Day: March 19, 2025
World Bank Likely to Approve $425 Million NTMP-I Restructuring Project Extension Aims to Strengthen Pakistan’s Power Transmission System
ISLAMABAD: The World Bank is expected to approve the restructuring of the National Transmission Modernization Project-I (NTMP-I), a $425 million initiative aimed at enhancing the capacity and reliability of Pakistan’s power transmission network while modernizing key operations of the National Transmission and Dispatch Company (NTDC). According to official documents, this marks the third restructuring of the project and the second phase of a planned two-stage extension. The proposed changes include extending the project’s closing date by 20 months, shifting from April 30, 2025, to December 31, 2026. With previous adjustments…
Read MoreNepra May Hold Public Hearing on Revised Net-Metering Buyback RatesPower Division’s Proposal Sparks Concerns Among Solar Consumers
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is expected to hold a public hearing on the revised buyback rates for net-metering consumers, following guidelines from the Power Division after formal approval from the federal cabinet, sources revealed. The Economic Coordination Committee’s (ECC) recent decision on net-metering has raised concerns among existing and potential solar consumers, as well as companies installing solar PV systems. Consumer groups may challenge the proposed revisions, arguing they contradict the government’s commitment to promoting clean energy. Introduced in 2015 to address energy shortfalls and boost…
Read MoreKarachi’s Green Space Shortage Heightens Climate Risks
KARACHI: A groundbreaking study using Artificial Intelligence (AI) and satellite imagery has revealed a severe shortage of green spaces in Karachi, putting residents at heightened risk from climate change. Researchers from Aga Khan University (AKU) and New York University found that Karachi has only 4.17 square meters of green space per capita—less than half of the World Health Organization’s recommended minimum of 9 square meters. This shortfall intensifies the urban heat island effect, worsens air pollution, and disproportionately impacts lower-income communities. “Green spaces are not just for aesthetics—they are crucial…
Read MoreK-P Completes 10.2MW Jabori Hydropower Project Project to Generate Rs405 Million Annually for Province
PESHAWAR: The Khyber-Pakhtunkhwa government has successfully completed the 10.2MW Jabori Hydropower Project in Mansehra District using its own resources. The project is set to generate 71.1 GWh of affordable electricity annually, which will be added to the national grid. An agreement for the sale of electricity was signed with PESCO in August, ensuring an annual revenue of Rs405 million for the province. Officials, including Special Assistant to the Chief Minister on Energy & Power Tariq Sadozai, Secretary Energy & Power Muhammad Zubair Khan, and PEDO Chief Executive Irfanullah Khan, hailed…
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