Author: Admin

Petroleum Division Seeks Reconstitution of LNG Import Committee Amid Prolonged Stalemate

Admin
New-RLNG

ISLAMABAD: The Petroleum Division has proposed the reconstitution of the Committee on the import of Liquefied Natural Gas (LNG) following seven years of unsuccessful efforts to build consensus among stakeholders since its inception in 2018, official sources revealed. During a recent briefing to the Council of Common Interests (CCI), the Petroleum Division acknowledged that the previously constituted Committee, despite multiple consultations with stakeholders, failed to produce a consensus or final report. With a change in government, the earlier Committee ceased to function, prompting the Petroleum Division to recommend its reconstitution…

Read More

Nepra Seeks Public Input on Draft O\&M Agreement for SEZ Power Supply

Admin
New-NEPRA

ISLAMABAD: In a move to strengthen industrial infrastructure and streamline electricity distribution, the National Electric Power Regulatory Authority (Nepra) has invited public feedback on a proposed Operations and Maintenance (O\&M) agreement template submitted by Ex-Wapda Distribution Companies (XW-DISCOs). The draft is intended to govern power supply services within Special Economic Zones (SEZs) and Industrial Estates (IEs). Submitted under directives from the Ministry of Energy (Power Division), the O\&M agreement aims to establish a standardized framework for electricity distribution, enhancing transparency, reliability, and operational efficiency in these industrial hubs. Nepra has…

Read More

BYD Pakistan and HUBCO Green to Launch Nation’s Largest DC Fast-Charging Network for Electric Vehicles

Admin
electric-vehicle

KARACHI: In a landmark move for Pakistan’s electric vehicle (EV) sector, BYD Pakistan – Mega Motor Company (BYD|MMC) has signed a strategic partnership with HUBCO Green (Private) Limited (HGL) to establish the country’s most extensive DC fast-charging network for new energy vehicles (NEVs). This initiative is set to be a game-changer in accelerating Pakistan’s transition toward sustainable mobility by directly addressing one of the key challenges in EV adoption — the lack of reliable charging infrastructure. As part of the agreement, approximately 128 DC fast chargers will be installed nationwide…

Read More

AGL Tariff Revision Deal Under Scrutiny: DG Audit Seeks Full Record of Agreement

Admin
New-ARL

ISLAMABAD: The Director General Audit (Power) has requested the complete documentation related to the negotiated agreement between Attock Gen Limited (AGL) and the Government of Pakistan, sources told Business Recorder. The agreement, reached after negotiations between AGL and the Central Power Purchasing Agency–Guaranteed (CPPA-G), and facilitated by the federal Task Force on Energy, was formally approved by the Federal Cabinet. However, the DG Audit has now stepped in to assess the transparency and implementation of the revised pact. In an official communication, Taimur Khan, Inspecting Officer (IP-MoE), has asked the…

Read More

Gwadar Coal Power Project Faces Financial, Regulatory Hurdles: Chinese Firm Raises Alarm

Admin
cpec

ISLAMABAD: The planned 300 MW coal-fired power plant in Gwadar, a key component of the China-Pakistan Economic Corridor (CPEC), is facing serious financial and regulatory challenges, according to a detailed letter from M/s CIHC Pak Power Company Limited (CPPCL) to the Private Power and Infrastructure Board (PPIB). CPPCL Chairman Zhao Bo raised concerns over delayed approvals, foreign exchange losses, and restrictions on currency conversion, which have rendered the project commercially unviable in its current form. In his letter to Shah Jahan Mirza, Managing Director of PPIB, Zhao confirmed that CPPCL…

Read More