Author: Admin

Delays in Appointing Financial Advisers for Power Firms Spark Senate Panel’s Concern

Admin
Sahiwal-Power

ISLAMABAD: The federal government has yet to appoint financial advisers (FAs) for three power distribution companies (Discos) and two generation companies (Gencos) earmarked for the initial phase of privatisation, drawing criticism from the Senate Standing Committee on Power. Presided over by Senator Mohsin Aziz, the committee expressed displeasure at the absence of Power Minister Awais Leghari and Secretary Power Dr. Fakhre Alam, despite prior commitments. The meeting agenda included negotiations with independent power producers (IPPs) and discussions on asset disposal and employee liabilities related to privatisation, which were deferred due…

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Provinces Directed to Settle Rs150bn Power Dues to Avoid Supply Disruptions

Admin
Power-sector

ISLAMABAD: The federal government has urged all four provincial administrations to clear outstanding electricity bills amounting to Rs150 billion to prevent power cuts and mitigate financial strain on the national economy. In letters addressed to the chief ministers, Power Minister Awais Ahmad Khan Leghari called for urgent intervention to ensure the clearance of dues owed by provincial departments. He cautioned that with the limited financial resources available to Distribution Companies (Discos), sustaining uninterrupted power supply would be challenging, further exacerbating the circular debt crisis. According to the minister, the Sindh…

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OGRA DETERMINES LPG PRICE

Admin
oil and gas

Islamabad, November 30, 2024: The Oil and Gas Regulatory Authority (OGRA) hasnotified the maximum Price of LPG, effective December 01 2024, as under;Notified LPG Producer prices Rs. / Ton Rs / 11.8 kgCylinderDecember -2024 ( w.e.f 01-12-2024) 213,004.61 2,513.45November -2024 212,892.45 2,512.13Increase / (Decrease) 112.16 1.32Notified LPG Consumer prices Rs. / Ton Rs / 11.8 kgCylinderDecember -2024 ( w.e.f 01-12-2024) 254,304.61 3,000.79November -2024 254,192.45 2,999.47Increase / (Decrease) 112.16 1.32

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NEPRA Concludes Hearing of K-Electric’s Bid Evaluation Report for 150 MW Renewable Energy Projects

Admin
Power Division

Karachi, December 11, 2024: K-Electric (KE) has made remarkable progress in its journey toward renewable energy with the submission of the Bid Evaluation Report for its 150 MW solar projects at Winder and Bela, Balochistan, to NEPRA. The regulator today concluded the hearing on the subject marking a critical step towards finalization of these projects reflecting KE’s journey to transforming Pakistan’s energy landscape. After getting a nod of approval from NEPRA earlier this year, KE initiated the industry’s first competitive bidding process to launch renewable energy projects. The 150 MW…

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Press Release :Leading Companies Honored for Excellence in Fire Safety at 14th Fire Safety Awards 2024

Admin
14th Fire Safety Awards 2024

Karachi, December 12, 2024: The National Forum for Environment and Health (NFEH), in collaboration with the Fire Protection Industry of Pakistan (FPIP), proudly announces the winners of the 14th Fire Safety Awards 2024, recognizing outstanding fire safety practices by leading organizations across various sectors. The prestigious ceremony will be held in Karachi and will feature Governor Sindh Kamran Khan Tessori as the Chief Guest, alongside the participation of Syed Nasir Hussain Shah, Minister of Energy, Government of Sindh. The awards celebrate 45 organizations that have demonstrated exceptional dedication to fire…

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