Category: Highlights

NEPRA Imposes Rs10 Million Fine on IESCO for Failing to Ground Electrical Structures

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electricity price increased

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has levied a Rs10 million fine on the Islamabad Electric Supply Company (IESCO) for its failure to ensure proper earthing and grounding of high-tension and low-tension poles across its service area. In its ruling, NEPRA stated that after reviewing IESCO’s submissions, the company’s response to a show-cause notice was deemed unsatisfactory. The notice had been issued over IESCO’s inability to ensure 100% grounding of its electrical structures, violating NEPRA regulations. NEPRA has directed IESCO to ground all remaining steel structures within three…

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SNGPL Seeks Hike in Gas Transportation and Distribution Tariff for Private Companies

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oil and gas

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

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electricty

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.…

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KE Seeks Additional Rs853m Fuel Adjustment for August

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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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Minister Petroleum joined Silk route expo & Conference in china

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musadik-malik

Dr. Musadik Malik, Federal Minister for Petroleum of Pakistan addresses China (Shaanxi)-Pakistan Conference for Economic and Trade Cooperation on the sidelines of 8th Silk Road International Expo at Xi’an Shaanxi Province, China , today . In his opening remarks , the minister thanked the Government of China and the Provincial Government of Shaanxi for partnering and organizing the conference on the sidelines of 8th Silk Road International Expo . He also thanked the Shaanxi Government for inviting Pakistan as the Guest Country of Honor and for the facilitation in setting…

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