Category: Highlights

Chinese Firm Denies Allegations of Irregularities in Coal Bidding Process

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Sahiwal-Power

ISLAMABAD: Chinese company Huaneng Shandong Ruyi (HSR), the owner of the 1,360MW Sahiwal coal-fired power plant, has strongly refuted allegations of irregularities in its coal procurement process, dismissing them as a targeted attempt to tarnish its reputation for vested business interests. In a letter to the Power Division, HSR addressed a complaint filed by Noor Khan and Haider Sultan on January 10, 2024, categorically denying any involvement of Sinpa Commercial (SMC-PRIVATE) Limited or YONGTAI Energy Pvt. Ltd. in its coal bidding process. The company asserted that these firms have never…

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Solar Net-Metering Set to Expand Under New Policy: Energy Minister

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Net-Metering

Federal Minister for Energy Sardar Awais Ahmad Leghari announced on Sunday that the number of solar net-metering consumers is expected to rise following new policy regulations. Speaking on Geo News program Naya Pakistan, Leghari stated that solar consumers would recover their investment within approximately four years. He dismissed concerns that the government was discouraging solar adoption, clarifying that no taxes had been imposed on solar panels. The Economic Coordination Committee (ECC) recently revised the buyback tariff for rooftop solar consumers from Rs27 to Rs10 per unit, a move aimed at…

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Transmission and Distribution (T&D) Losses in Pakistan:

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Power

In the fiscal year 2023-24, Pakistan’s power distribution companies (DISCOs) reported an average T&D loss of 18.08%, exceeding the National Electric Power Regulatory Authority’s (NEPRA) target of 12.15%. DISCO-wise T&D Losses: The performance of individual DISCOs varied, with some experiencing significantly higher losses: PESCO (Peshawar Electric Supply Company): Approximately 38-40% SEPCO (Sukkur Electric Supply Company): Over 35% QESCO (Quetta Electric Supply Company): Over 25-30% LESCO (Lahore Electric Supply Company): Around 10-12% IESCO (Islamabad Electric Supply Company): Approximately 10-12% These figures indicate that certain DISCOs have losses substantially higher than the…

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Miftah Ismail Questions Awais Leghari’s Claims on Net Metering Losses

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Miftah-Leghari

Former Finance Minister Miftah Ismail has responded to Energy Minister Awais Leghari’s claim that net metering causes losses of Rs 150 billion to power distribution companies (DISCOs). In a detailed statement, Ismail expressed confusion over the figures presented by Leghari, challenging the rationale behind reducing net metering incentives while ignoring the larger issue of transmission and distribution (T&D) losses. “You say DISCOs lose Rs 150 billion due to net metering. However, last year, they purchased only 1,269 GWh from solar consumers, which at Rs 27 per unit amounts to Rs…

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Thar coal: TCEB holds public hearing on SSRL’s tariff plea

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natural gas prices

DOHA: Qatar began supplying Syria with gas via Jordan, state media in the gas-rich country reported Thursday, as Damascus’s new leadership seeks economic relief for the war-torn country long prone to power cuts. “Qatar has started today providing… natural gas supplies to the Syrian Arab Republic through the territories of the Hashemite Kingdom of Jordan,” the Qatar News Agency (QNA) reported. The new authorities in Damascus, who seized power from longtime ruler Bashar al-Assad in December, have sought to rebuild the country’s infrastructure and economy after almost 14 years of…

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