Author: Admin

Government Adds More Power Plants to Privatisation List, Retains Uniform Tariff Policy

Admin
Power-Division1

ISLAMABAD: The federal government has decided to expand its privatisation programme by including three additional power plants — the Jamshoro Power Plant and two LNG-fired units — while reaffirming its commitment to maintaining a uniform electricity tariff across the country even after privatisation of distribution companies. Adviser to the Prime Minister on Privatisation Muhammad Ali announced the decision during a consultative session on the privatisation of ten power distribution companies. He emphasised that the power sector continues to receive around Rs1.2 trillion annually in subsidies to cover price differentials, debt…

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KATI Rejects Fuel Cost Charges on K-Electric Consumers, Terms Move ‘Unjust and Unacceptable’

Admin
KE-Meter

KARACHI: The Korangi Association of Trade and Industry (KATI) has strongly opposed the National Electric Power Regulatory Authority (NEPRA) and Power Division’s decision to impose Fuel Cost Adjustment (FCA) and Fuel Cost Component (FCC) charges on K-Electric (KE) consumers for the fiscal year 2023–24, calling the move unfair and detrimental to Karachi’s industrial economy. KATI President Muhammad Ikram Rajput condemned the decision, describing it as “unacceptable” and a direct blow to both the people and industries of Karachi. Citing NEPRA’s own documents, he revealed that the measure would extract nearly…

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Pakistan, Australia Launch Project to Forecast Climate-Resilient Water Availability

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New-Project94

ISLAMABAD: In a bid to strengthen water management and planning amid growing climate challenges, Pakistan has launched a new initiative — the Climate Resilient and Adaptive Water Allocation Programme (CRAWAP) — with technical and financial support from the Government of Australia. Under the five-year project, Australia has provided a grant of three million Australian dollars to enhance the capacity of the Indus River System Authority (IRSA) and provincial governments in accurately forecasting intra-season water availability. The programme aims to improve decision-making for water allocation across the Indus Basin, one of…

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Pakistan Cancels 21 LNG Cargoes from Eni Amid Demand Slump and Oversupply

Admin
lng-usa

KARACHI: Pakistan has reached an agreement with Italy’s Eni to cancel 21 liquefied natural gas (LNG) cargoes scheduled under a long-term contract, in a bid to manage excess gas supply in its distribution network, according to an official document and industry sources. A letter from Pakistan LNG Limited (PLL) to the Ministry of Energy dated October 22 revealed that 11 cargoes planned for 2026 and 10 for 2027 will be scrapped at the request of Sui Northern Gas Pipelines Limited (SNGPL). Only one cargo each in January 2026 and 2027,…

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World Bank Study Reveals Pakistan’s True Urbanisation at 88%, Far Higher Than Official Estimates

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World-Bank

ISLAMABAD: A new World Bank policy research working paper has found that Pakistan’s actual level of urbanisation stands at nearly 88 per cent, significantly higher than the 39 per cent reported in official statistics. Titled “When Does a Village Become a Town?: Revisiting Pakistan’s Urbanisation Using Satellite Data”, the study employs satellite imagery and the Degree of Urbanisation (DoU) methodology to assess population density and settlement patterns. It concludes that Pakistan’s urban population is almost twice the size reflected in administrative data, which only accounts for major cities and ignores…

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