Author: Admin

China Coal Secures 4 GW of Solar Modules at $0.10/W in Major Procurement Round

Admin
Solar-Modules

Beijing: China Coal Energy Group (China Coal) has finalized contracts for 4 GW of solar modules from JinkoSolar, Tongwei Solar, JA Solar, and DAS Solar in its first centralized procurement for 2024. The procurement includes 3 GW of n-type tunnel oxide passivated contact (TOPCon) modules (2.7 GW bifacial, 0.3 GW single-sided) priced at CNY 0.755 ($0.10) per watt and 1 GW of p-type passivated emitter and rear cell (PERC) modules (0.7 GW bifacial, 0.3 GW single-sided) at CNY 0.716/W. JinkoSolar secured the largest allocation at 2,100 MW, followed by Tongwei…

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Eskom Issues Tender for 72 MW Solar Project at Komati Power Station

Admin
power-solar

South Africa: Eskom, the South African utility, has invited bids for an engineering, procurement, and construction (EPC) contractor to develop a 72 MW solar PV project at its Komati Power Station. The project will involve designing, procuring, constructing, and commissioning a solar PV system across four adjacent land parcels near Middelburg and Bethel. The EPC contractor will also provide detailed design documentation, maintenance manuals, and an 18-month operation and maintenance service for a single-axis tracker system, along with network integration equipment. Komati Power Station, with nine generating units and a…

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PPL Announces Gas and Condensate Discovery in Sindh’s Shah Bandar Block

Admin
New-PPL

KARACHI: Pakistan Petroleum Limited (PPL) has announced a significant gas and condensate discovery in the Shah Bandar Block, District Sujawal, Sindh. This marks the second hydrocarbon find at the Pateji X-1 well, highlighting its exploration success. According to material information shared with the Pakistan Stock Exchange, PPL identified the new discovery in the Upper Sand (C-Sand) reservoir after thorough in-house evaluation of acquired geological and geophysical (G&G) data. The exploratory well, drilled to a depth of 2,475 meters, confirmed hydrocarbon potential within the Lower Goru Formation. PPL operates the Shah…

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Revised PPAs Signed with Dozen IPPs as Task Force Pushes for Consumer Relief

Admin
K-Electric to resolve overbilling issues or face legal action

ISLAMABAD: The government’s energy task force, led by Federal Energy Minister Sardar Awais Khan Leghari, has renegotiated Power Purchase Agreements (PPAs) with about a dozen Independent Power Producers (IPPs) established under the 1994 and 2002 Power Policies, according to official sources. The task force, comprising top officials and energy experts, is holding firm negotiations with IPPs to address issues related to excessive profits, historical financial gains, and interest on delayed payments. While some IPPs initially resisted the proposed changes, they eventually agreed after being presented with evidence of irregularities, sources…

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Minister Targets Rs5 Tariff Cut through IPP Reforms, Highlights Reduced DISCO Losses

Admin
Power-sector

ISLAMABAD: Federal Energy Minister Awais Leghari announced significant reforms in the power sector on Friday, including the termination of agreements with Independent Power Producers (IPPs) to reduce electricity tariffs. Speaking at a briefing hosted by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), he revealed that electricity rates could drop by Rs5 per unit following renegotiations with additional IPPs. “Contracts with five IPPs have already been terminated, and agreements with 11 more are underway. We’ve also reached new terms with bagasse-based plants,” Leghari stated. He emphasized the need…

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