Author: Admin

Panel Formed to Expedite Thar Coal Conversion for Jamshoro Power Plant

Admin
Thar-coal

ISLAMABAD: Prime Minister Shehbaz Sharif has established a three-member panel to deliberate on the conversion of the 660-MW Jamshoro Power Plant (JPP) to utilize 100% Thar coal. The committee includes Federal Minister for Power Sardar Awais Khan Leghari, Minister of State for Finance Ali Pervaiz Malik, and SAPM on Power Muhammad Ali, with provisions to include additional members as required. Terms of Reference (ToRs): Assess earlier directives and developments on JPP’s conversion to Thar coal, including its Commercial Operation Date (COD).Finalize and communicate a clear course of action on the…

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Government and IPPs Agree on Hybrid ‘Take and Pay’ Model to Save Billions

Admin
Power-Plants

ISLAMABAD: After extensive negotiations, the government task force on energy and 17 Independent Power Producers (IPPs) operating under the 1994 and 2002 Power Policies have reached an agreement on a hybrid ‘take and pay’ model. The deal marks a significant step toward addressing inefficiencies in power purchase agreements (PPAs) while reducing the financial burden on the national exchequer. The task force, led by Federal Minister for Power Sardar Awais Khan Leghari, engaged experts and representatives from NEPRA, CPPA-G, and SECP in the discussions. Legal teams from both sides have finalized…

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Hyderabad Industries Struggle Amid Energy Crisis

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Energy-Crisis

KARACHI: Industrialists and traders in Hyderabad have raised alarms over persistent energy issues, including critically low gas pressure, extended load-shedding, and inefficiencies in service delivery by Sui Southern Gas Company Limited (SSGCL) and Hyderabad Electric Supply Company (HESCO). With winter exacerbating gas shortages, industrial and commercial sectors report plummeting pressure levels and air in gas lines. HESCO’s daily six-to-eight-hour load-shedding and frequent power outages further disrupt operations. Muhammad Saleem Memon, President of the Hyderabad Chamber of Small Traders and Small Industry (HCSTSI), highlighted the dire situation, stating that industries face…

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K-Electric Refuses to Reduce Loadshedding in Karachi Despite Winter

Admin
circular-debt-K-electric-ceo

KARACHI: K-Electric (KE) faced backlash during a meeting of the Sindh Assembly’s Special Committee on Wednesday as its CEO, Moonis Alvi, firmly refused to reduce the duration of loadshedding in Karachi, even during the winter season. He maintained that loadshedding would continue in areas plagued by electricity theft, sparking outrage among lawmakers. The committee, formed in September to evaluate the performance of KE, Hyderabad Electric Supply Company (Hesco), and Sukkur Electric Supply Company (Sesco), is headed by PPP member Fayaz Ali Butt and includes representatives from various political parties. During…

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Pakistan Negotiates Postponement of LNG Deliveries Amid Low Electricity Demand

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lng

ISLAMABAD: Pakistan is negotiating with Qatar to postpone 10 liquefied natural gas (LNG) cargoes scheduled for next year, citing reduced electricity demand due to economic slowdown and unaffordable energy prices. Petroleum Minister Musadik Malik revealed that five LNG cargoes under long-term agreements with Qatar for 2025 had already been cancelled, with discussions ongoing to defer another five. “LNG has become surplus as LNG-based power plants are sidelined, and the private sector is unwilling to purchase due to high costs,” he explained. Pakistan typically imports 120–140 LNG cargoes annually, primarily under…

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