NTDC Restructuring and Transparency Urged for Power Sector Reform

power sector

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experts from the World Bank, Asian Development Bank, and Islamic Development Bank, Laghari highlighted the impact of outdated infrastructure on system inefficiencies and stressed the urgency of transparent operations.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…

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Plan 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…

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Major Cut in Electricity Prices Unlikely Anytime Soon: Leghari

power sector

ISLAMABAD: Power Minister Awais Leghari on Friday signaled ongoing negotiations with independent power producers (IPPs), stating that the nation would soon hear positive developments regarding efforts to gradually reduce electricity prices. However, he cautioned that significant relief should not be expected immediately. Testifying before the Senate Standing Committee on Power, Leghari explained that the task force he leads, established by the prime minister, had completed a review of the power sector. “People will soon receive good news about the IPPs,” he said, promising to update the panel on further details…

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Revolutionising Solarization

solar

Solar Technology Future in Next 20 Years: A Perspective About Pakistan Govt must continue to incentivize solar energy adoption through subsidies, tax incentives, and favorable tariff structures; solar power will become increasingly accessible to households, businesses, and industries across country By Mustafa Tahir As the world grapples with the challenges of climate change, energy security, and sustainable development, solar technology is emerging as a beacon of hope. Over the next 20 years, solar energy is poised to revolutionize the global energy landscape, with Pakistan uniquely positioned to harness its potential.…

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The Future of Renewable Energy in Pakistan: Opportunities and Challenges

renewable-energy

As the world grapples with climate change and environmental degradation, the shift towards renewable energy has become more critical than ever. Pakistan, with its abundant natural resources, is well-positioned to harness renewable energy to meet its growing energy demands. In this blog, we will explore the future of renewable energy in Pakistan, focusing on the opportunities and challenges that lie ahead. We will discuss the potential of solar energy, wind energy, and hydropower, and highlight the role of energyupdate.com.pk in keeping you informed about the latest developments in the energy…

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