“Government, World Bank Discuss Power Project to Boost Energy Sector”

world-bank

The government of Pakistan and the World Bank have held discussions on a power project aimed at strengthening the country’s energy sector. The project’s objective is to increase the reliability and efficiency of Pakistan’s power distribution systems, ultimately benefiting consumers ¹. The World Bank has outlined a six-stage project cycle for the initiative, which includes identification, preparation, appraisal, negotiation/approval, implementation, and completion/validation and evaluation ². This structured approach ensures that the project is thoroughly planned, executed, and monitored to achieve its intended goals. Key aspects of the project include: The…

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“Refineries Urged to Prioritize Local Production to Reduce Reliance on Imports”

Petroleum-Sector

The government has directed local refineries to prioritize domestic production of petroleum products, aiming to reduce the country’s reliance on imports and stabilize the economy. The directive comes as Pakistan struggles with a significant trade deficit, largely due to the high cost of importing petroleum products. By increasing local production, the government hopes to reduce the burden on the national exchequer and promote economic stability. The refineries have been instructed to optimize their production processes and improve efficiency to meet the growing demand for petroleum products in the country. Industry…

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“Political Influence Suspected in Sindh Solar Distribution Project”

soalr energy

A controversy has erupted in Sindh over the distribution of solar-powered electricity systems, with allegations of political influence and favoritism in the selection of beneficiaries. The Sindh government had launched an initiative to provide solar-powered electricity systems to rural households, aiming to promote renewable energy and reduce reliance on traditional power sources. However, sources within the provincial government have revealed that the distribution of these systems has been influenced by local politicians, who have allegedly prioritized their own supporters and constituents over other deserving households. The allegations suggest that the…

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“K-Electric Unable to Draw More Than 2,000MW From National Grid Due to System Constraints”

K-Electric

K-Electric, the power distribution company for Karachi, is facing challenges in drawing more than 2,000 megawatts (MW) of electricity from the national grid due to system constraints. This limitation is likely to impact the power supply to the city, exacerbating the existing power shortage issues. The company’s inability to draw more power from the grid is attributed to the constraints in the transmission system. K-Electric has been working to upgrade its transmission infrastructure, but the process has been slow due to various technical and regulatory issues. The situation has raised…

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“Miftah Ismail Criticizes Government Over High Electricity Prices”

Miftah-Ismail

Islamabad, Pakistan – Former Finance Minister Miftah Ismail has strongly criticized the government for its failure to control rising electricity prices, which have placed an additional burden on already struggling consumers. Speaking at a press conference, Ismail stated that the government’s inability to manage the energy sector has resulted in exorbitant electricity prices, making it difficult for people to make ends meet. He pointed out that the government’s decision to increase electricity tariffs has led to a significant rise in the cost of living, affecting low-income households the most. Ismail…

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