Author: Admin

Power Division Disputes KE’s MYT, Flags Rs300 Billion Excess Impact

Admin
Nepra-tariff

ISLAMABAD: The Power Division has formally challenged the National Electric Power Regulatory Authority’s (Nepra) approval of a multi-year tariff (MYT) for K-Electric (KE), warning it could burden consumers and the government with over Rs300 billion in excess costs. In a review petition to Nepra, the Power Division raised alarm over several favourable provisions in KE’s MYT for FY2024-25 to FY2030, calling them excessive compared to other utilities. Key concerns include inflated fuel cost benchmarks, generous allowances, and preferential profit margins. Nepra set KE’s fuel cost benchmark at Rs15.99/kWh, higher than…

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OMCs, Refineries Face Penalties and Licence Suspensions Over Stock Shortfalls: OGRA

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OGRA

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has moved to impose strict penalties and potential licence suspensions on Oil Marketing Companies (OMCs) and refineries for failing to maintain the mandatory 20-day oil stock cover and for not lifting or producing petroleum products as per commitments made in Product Review Meetings (PRMs). In an official communication to leading OMCs, OGRA expressed concern that several companies are violating their agreed-upon obligations by not lifting stocks from local refineries, undermining energy security and leading to financial losses due to increased reliance on…

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Govt Challenges NEPRA’s Multi-Year Tariff for K-Electric, Citing Rs750bn Burden on Consumers and Exchequer

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NEPRA-KE

ISLAMABAD: The federal government has formally challenged the multi-year tariff (MYT) approved by the National Electric Power Regulatory Authority (NEPRA) for K-Electric (KE) for 2024–30, alleging the decision grants undue financial favour of Rs750 billion to the utility over seven years—at the expense of power consumers nationwide and the public exchequer. In a statement, the Power Division expressed strong reservations over six specific tariff relaxations allowed by NEPRA, asserting these would cost Rs453 billion through 2030. Additionally, it warned of Rs287 billion in inflated fuel costs over the same period…

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22nd World Wind Energy Conference (WWEC2025) to be Held in Shantou, China – Call for Abstracts Open Until 31 May

Admin
WWEC-2025

Shantou City, Guangdong Province, China | 3–5 December 2025 The World Wind Energy Association (WWEA) and the Chinese Wind Energy Association (CWEA) are pleased to announce the 22nd World Wind Energy Conference (WWEC2025), taking place from 3–5 December 2025 in Shantou, Guangdong Province, China – a city renowned for its wind power industry and innovation. WWEC2025 will serve as the premier global platform for researchers, policymakers, industry leaders, and stakeholders in the wind energy sector. Participation in the conference will be complimentary, ensuring broad and inclusive attendance from across the…

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Brazil and IRENA Launch Global Energy Planning Summit to Drive Clean Energy Investment

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Energy-Summit

Abu Dhabi — The Government of Brazil and the International Renewable Energy Agency (IRENA) will jointly host the inaugural Global Energy Planning Summit on 3–4 June 2025 at BNDES Headquarters in Rio de Janeiro. This landmark event will officially launch the Global Coalition for Energy Planning (GCEP), a key initiative stemming from Brazil’s G20 Presidency in 2024. Designed to close the investment gap in the global clean energy transition, GCEP will support improved, risk-sensitive energy planning in emerging markets and developing economies. The initiative also aims to build momentum toward…

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