Day: September 19, 2025

Federal Minister Chairs Meeting on Provision of RLNG based Domestic Connections

Admin
New-LNG

Islamabad, September 19 ,2025 A meeting was chaired today by Mr. Ali Pervaiz Malik, the Federal Minister for Petroleum, to review the comprehensive roll-out plan for providing RLNG (Regasified Liquefied Natural Gas) connections to domestic users across the country. The meeting was attended by the Secretary Petroleum, Additional Secretary, Director General Gas, representatives of the Oil and Gas Regulatory Authority (OGRA), and the Managing Directors of both Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL). During the meeting, the Managing Directors of SNGPL and SSGCL…

Read More

Nepra Says Only a ‘Miracle’ Can Reduce Soaring Capacity Charges

Admin
Nepra-Act

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday voiced serious concern over rising capacity charges — a major contributor to Pakistan’s high electricity tariffs — with Member (Technical) Rafique Ahmad Shaikh remarking that “only a miracle” could bring them down under current conditions. The observation came during a public hearing on petitions filed by 11 distribution companies (Discos) for determining Use of System Charges (UoSC). Nepra’s panel, chaired by Chairman Waseem Mukhtar, rejected government proposals to launch wheeling without an approved standard cost framework. Member (Law) Amina Ahmed…

Read More

Ogra Hearing Faces Objections Over Dubious Gas Marketing Licences

Admin
OGRA

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) on Thursday faced strong objections during a public hearing on applications for gas marketing and distribution licences, with stakeholders questioning the reliance on uncertain future gas discoveries and non-binding supply deals. Interveners argued that many applications were based on memoranda of understanding (MoUs) with exploration companies rather than firm supply commitments, which contravenes Ogra’s licensing framework. Concerns were raised against Alhaj Group, Dewan Petroleum, Ghani Oil and Gas, and Metro Gas, whose proposed supply arrangements were either off-spec, already allocated to Sui…

Read More

ECC Approves \$7.7bn Financing Package for Reko Diq Project, Rail Link

Admin
Reko-Diq

ISLAMABAD: The government has approved definitive agreements and financial commitments worth \$7.723 billion for Phase-I of the Reko Diq Copper-Gold Project, paving the way for formal signing within two weeks. The Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, endorsed agreements between state-owned entities, the Balochistan government, and lenders to operationalise Pakistan’s largest mining venture. The revised cost reflects a 14% increase from the March estimate of \$6.765bn, mainly due to higher debt servicing and cost contingencies. The project’s financing debt has been raised to \$3.5bn, with shareholders’…

Read More

Risen Energy Showcases Sunease Series Residential PV&ESS Solution at IEEEP 2025

Admin
New-Project30

Karachi – Risen Energy made a strong presence at the IEEEP 2025 exhibition in Karachi (September 16–18), where the company showcased its latest energy solutions to industry professionals and visitors. At the exhibition, Risen Energy highlighted its all-in-one solar + storage kits ( Sunease Series Residential PV&ESS Solution) tailored for the Pakistani market. By integrating high-efficiency PV modules, hybrid inverters, and scalable Hifz battery packs, the kits provide a complete solution covering generation, storage, and smart consumption. Designed to address Pakistan’s unique challenges—such as frequent power cuts, high diesel costs,…

Read More