Author: Admin

“NEPRA to Hear KAPCO’s Tariff Revision Plea Next Month”

Admin
NEPRA-Office

The National Electric Power Regulatory Authority (NEPRA) is set to hear the tariff revision plea of Kot Addu Power Company (KAPCO) next month. This development is significant, as it may impact the power tariff for consumers. KAPCO’s plea for tariff revision is likely to be scrutinized by NEPRA, which will consider various factors, including the company’s operational costs, efficiency, and investment plans. The regulatory authority may also take into account the impact of the tariff revision on consumers and the overall power sector ¹. NEPRA’s decision on KAPCO’s tariff revision…

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Govt Claims Rs35 Trillion Saved Through Revised Power Deals

Admin
Sahiwal-Power

The government of Pakistan claims to have saved a significant amount of Rs35 trillion through revised power deals. This development comes as a result of the government’s efforts to renegotiate power purchase agreements with independent power producers (IPPs). The revised deals aim to reduce the financial burden on the country’s power sector, which has been struggling with circular debt and other financial challenges. The government’s move is expected to have a positive impact on the economy and help reduce the cost of electricity for consumers. However, some critics argue that…

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Global Renewable Energy Installations Hit Record High in 2024, Led by China

Admin
Wind-power

DUBAI: The world installed a record-breaking amount of renewable energy capacity in 2024, with China leading the charge, according to a report released by the International Renewable Energy Agency (IRENA) on Wednesday. Global renewable energy capacity—spanning solar, wind, hydroelectric, and geothermal sources—grew by 15.1%, reaching nearly 4.5 terawatts. A staggering 585 gigawatts of renewable power was added to grids worldwide, accounting for 92.5% of all new electricity generation capacity. “The continuous growth of renewables each year proves their economic viability and scalability,” said IRENA Director-General Francesco La Camera. “However, we…

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NEPRA Seeks Power Generation Plan Amid Forecasted Hydel Reduction

Admin
New-NEPRA

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has directed the Power Division to submit a comprehensive power generation plan in light of a projected sharp decline in hydel power output, following warnings from the National Power Control Centre (NPCC) of an unfavorable summer ahead. The directive was issued during a public hearing on the Fuel Charges Adjustment (FCA) for February 2025, where the Central Power Purchasing Agency (CPPA-G) proposed a negative adjustment of 30 paisa per unit across all consumer categories. However, given that January 2025’s FCA adjustment of…

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Revised IPP Contracts to Save Rs3.5 Trillion Over 3-20 Years: Power Division

Admin
New-Project53

ISLAMABAD: The Power Division has projected savings of Rs 3.498 trillion from the renegotiation and termination of contracts with 29 Independent Power Producers (IPPs) and Government Power Plants (GPPs) over their remaining tenures, which range from 3 to 20 years. During a meeting of the Senate Standing Committee on Power, chaired by Senator Mohsin Aziz, officials disclosed that six IPP contracts had been terminated, while revised tariff agreements were signed with nine bagasse-based power plants, including Shah Taj Sugar Mill, and 14 IPPs under the 1994 and 2002 Power Policies.…

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