In a significant development, the Thar Coal & Energy Board (TCEB) has given its unanimous approval to the Commercial Operations Date (COD) Stage tariff for Thar Coal Block-II mine. The board, chaired by Sindh Chief Minister Syed Murad Ali Shah and attended by Federal Energy Minister Sardar Awais Leghari, also finalized financing terms for the project. During the meeting, the board reviewed the COD Stage tariff for the Thar coal Block-II mine with a capacity of 7.6 Mtpa (Phase-II). Following a detailed presentation by TCEB’s Managing Director Tariq Ali Shah,…
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Khyber Pakhtunkhwa Urges Federal Government to Pay Rs70 Billion in Hydel Profit Arrears
The Khyber Pakhtunkhwa (KP) government is pressing the federal government/Wapda to settle its outstanding Net Hydel Profit (NHP) dues totaling Rs70 billion. KP Chief Minister Ali Amin Ghandapur recently met with Prime Minister Shehbaz Sharif to address financial challenges faced by the province due to delayed payments from the federal government. According to KP’s Finance Department, the non-payment of NHP has significantly impacted the province’s ability to meet its financial obligations for current and development expenditures as outlined in its budget. Despite KP residents regularly paying their electricity bills, the…
Read MoreNepra Admits K-Electric’s Petition for Base Tariff Increase of Rs3.84 per Unit Over Seven Years
The National Electric Power Regulatory Authority (Nepra) has accepted K-Electric’s petition for a base electricity tariff hike of up to Rs3.84 per unit, spanning from July 1, 2023, to June 30, 2030. This increase is tied to an investment plan worth Rs392 billion recently approved by Nepra. The proposed tariff adjustments include factors such as inflation, exchange rates, and operational costs, aiming to cover expenses like operation and maintenance, debt servicing, return on equity, depreciation, and working capital. Nepra’s decision to consider this tariff increase comes after reviewing K-Electric’s Multi-Year…
Read MoreThe Chairman (OGRA) along with Member (Oil) and senior OGRA’s officials conducted a day long visit to PPL’s ADHI Field to monitor their operational parameters and safety preparedness.
It was a good learning experience for OGRA‘s management in which PPL’s Adhi team demonstrated their operational capabilities and professional acumen. This facility is presently feeding 55 MMCFD gas, 6,000 barrels crude oil and 200 M.Tons LPG to our country. PPL exhibited latest safety techniques to cope the safety challenges or untoward accidents, which were found satisfactory and up to the mark.
Read MoreIrani Diesel ⛽️ back to 10,000,000 lites per day. Valued @$100/ bbl delivered C&F Karachi ; this amounts to $2.3 Billion per annum.
Irani Diesel ⛽️ back to 10,000,000 lites per day. Valued @$100/ bbl delivered C&F Karachi ; this amounts to $2.3 Billion per annum. Mostly paid by hundi/ hawal from Dubai to Iranian Dealers. 95% is delivered under informal Parchi system introduced in 2021 by FC( Dawn Business Reprt May 2nd 2024). About 10 million( including 3 million Baluch) , population depends on Irani Diesel Trade throughout country . With six dependents per family, 60-70 million population livelihood depends on this diesel and other smuggled Irani items. . 25-30 % of…
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