Author: Admin

NEPRA Fines Power Company Rs50m for Misleading Filings

Admin
Nepra-tariff

ISLAMABAD: In an unusual regulatory action, the National Electric Power Regulatory Authority (NEPRA) has imposed a Rs50 million fine on Central Power Generation Company Ltd (CPGCL) for submitting deceptive regulatory filings that inflated electricity tariffs. The fine is linked to CPGCL’s Guddu Thermal Power Station, which charged over Rs1.24 billion in tariffs for a gas booster that was procured at no cost from Engro Corp. NEPRA also issued show-cause notices to two other state-owned entities, the Central Power Purchasing Agency (CPPA) and the National Transmission and Despatch Company (NTDC), for…

Read More

The smarter E Europe – Europe’s Largest Alliance of Exhibitions for the Energy Industry

Admin
The-smarter-E-Europe

To be prepared for the challenges of the future, we must set up a 24/7 renewable energy supply – whether for electricity, heat or transport. In order to continue to drive the market dynamic, staying up to date with the latest technology and market developments is of the essence. Do you want to present your new research results or innovative projects to an international expert audience? Then help shape the program of the conferences and the Green Hydrogen Forum at The smarter E Europe 2025 and submit your abstract. From May 6-7, 2025, four parallel…

Read More

SHAKE PROGRAMME SECURES £845K FOR NEXT COHORT OF CLIMATE-TACKLING ENTREPRENEURS

Admin

Unique combination of investment and mentorship for agri-tech start-ups attracts new funding partners. The SHAKE Climate Change entrepreneurship programme has secured £845K to invest in new projects that will help deliver the next generation of climate friendly farming. Based on a unique funding model, SHAKE helps entrepreneurs and start-ups who are combating climate change with science or tech-based ideas in the areas of agriculture and food production. Those ventures that progress through all three phases of the programme will receive up to £125k funding and two years of expert mentoring…

Read More

Climate Finance Accelerator Showcases Innovative Pakistani Climate Projects at Investor Roadshow

Admin
Sarah-Mooney

The UK-funded Climate Finance Accelerator (CFA) Pakistan kicked off its two-day InvestorRoadshow in Karachi today, bringing together seven innovative climate mitigation projects spanningsectors such as power, e-mobility, healthcare, food, agriculture, and technology.The CFA, implemented by DAI Pakistan on behalf of the UK Government, has provided the projectswith technical, financial, and gender inclusion expertise to help ready them for investment. The thirdcohort of projects marks a significant milestone in the UK’s efforts to bolster Pakistan’senvironmental sustainability and climate resilience.Designed to combat the intensifying challenges of climate change, these projects will be…

Read More

Oil and Gas Output Declines in Q1 Amid Field Disruptions

Admin
oil and gas

KARACHI: Pakistan’s oil and gas production experienced a notable decline in the first quarter of the current fiscal year, with oil output falling by 8% and gas by 7%. The downturn was primarily due to annual turnarounds (ATAs) and forced curtailments at major fields, according to a report by Arif Habib Limited (AHL). Key oil fields like Nashpa, Mela, Adhi, and Makori East saw significant reductions, while gas production dropped at major sites such as Sui, Qadirpur, Uch, and Kandhkot. Despite the decline, local exploration and production (E&P) companies spudded…

Read More