ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) has proposed a significant increase in gas transportation and distribution tariffs for the fiscal year 2024-25. The company is requesting a hike of Rs184 per MMBTU for transportation and Rs614 per MMBTU for distribution, compared to the previous year, specifically for third-party private companies that use SNGPL’s infrastructure to supply gas to bulk consumers. During a hearing held by the Oil and Gas Regulatory Authority (OGRA) at Sui Southern Gas Company’s (SSGC) office, SNGPL’s CFO encouraged private sector participation in using the company’s…
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Senate Energy Committee Calls for Review of Bagasse Electricity Pricing Mechanism
ISLAMABAD: The Senate Energy Committee, chaired by Senator Mohsin Aziz, has highlighted significant discrepancies in the pricing of electricity generated from bagasse, citing the absence of a formal pricing mechanism. During the meeting, Senator Aziz questioned the wide range in bagasse valuations, with some plants pricing it at $356 per tonne and others as low as $75. The Chairman of the National Electric Power Regulatory Authority (NEPRA) acknowledged that despite the government introducing a framework for bagasse and biomass in 2013, a clear system for pricing bagasse is still lacking.…
Read MoreNTDC Restructuring and Transparency Urged for Power Sector Reform
ISLAMABAD: Federal Minister for Power Division, Sardar Awais Ahmed Khan Laghari, emphasized the need for restructuring the National Transmission and Despatch Company (NTDC) to enhance grid efficiency and sustainability. During a meeting with the Board of Directors (BoDs) and CEOs of power sector companies, alongside experts from the World Bank, Asian Development Bank, and Islamic Development Bank, Laghari highlighted the impact of outdated infrastructure on system inefficiencies and stressed the urgency of transparent operations. He called for quicker, data-driven decision-making to lower electricity costs for consumers, urging development partners to…
Read MorePlan to Convert Coal Power Plants to Thar Lignite Faces Major Setback
LAHORE: The government’s plan to fully convert coal power plants to 100% Thar lignite has encountered a major hurdle, with the Asian Development Bank (ADB) rejecting the proposal for Jamshoro Power sector news Unit I. ADB, the project’s largest creditor, cited legal agreements allowing only 20% local lignite, with 80% imported coal, as per the original deal. An energy ministry official confirmed that shifting to 100% Thar lignite would breach the existing legal covenants. ADB also raised environmental concerns, highlighting that Thar lignite’s higher emissions could surpass national and international…
Read MoreKE Seeks Additional Rs853m Fuel Adjustment for August
ISLAMABAD: K-Electric (KE) has requested an additional fuel cost adjustment (FCA) of 51 paisa per unit for August, aiming to collect around Rs853 million from its consumers in the October billing cycle. This contrasts with public sector distribution companies (Discos), which have proposed a 57-paisa per unit refund for the same period. This demand follows KE’s earlier request for a Rs3.1 per unit FCA for July, seeking to raise Rs6.2 billion. The National Electric Power Regulatory Authority (Nepra) held a public hearing on August 29 regarding the July FCA but…
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