Author: Admin

The Private Power & Infrastructure Board (PPIB) has reached out to K-Electric (KE) for an update on the procurement process for the development of a 330MW Mine-Mouth coal-fired project at Thar Coal fields. KE was requested to initiate and complete grid interconnection and load flow studies within four weeks, but no progress has been shared with PPIB yet. KE proposed a joint study with the National Transmission and Despatch Company (NTDC) for power evacuation from Siddiqsons Energy Limited (SEL) plant and power off-take by KE’s network. The project aims to…

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Prime Minister Shehbaz Sharif has instructed the Petroleum Division to organize a signing ceremony for refinery upgrade agreements under the Brownfield Refinery Policy, with his presence. This decision came during a recent energy sector meeting chaired by the Prime Minister. The Petroleum Division has initiated discussions with refineries for the ceremony. The amended oil refining policy, approved by the Cabinet on February 15, 2024, after recommendations from the Cabinet Committee on Energy (CCoE), addresses concerns raised by refineries to make upgradation projects viable. The amendments, made after extensive consultations, aim…

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A high-level delegation from the European Union (EU), led by European Commission President Ursula von der Leyen and joined by leaders from Austria, Belgium, Cyprus, Greece, and Italy, visited Egypt to announce a significant financial package totaling 7.4 billion euros. The deal, aimed at enhancing energy trade and addressing irregular migration flows to the EU, includes various components such as credit for Egypt and increased energy sales to reduce reliance on Russian gas. The Strategic and Comprehensive Partnership agreement encompasses five billion euros in loans over four years, 1.8 billion…

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