Category: Highlights

Fuel shortages caused by inadequate supply arrangements and forced outages are leading to serious power supply constraints as consumers suffer in extreme humid conditions across the country. A senior official of the Power Division conceded that power companies had been compelled by unavoidable circumstances to apply forced power cuts ranging between 1,000MW and 2,000MW in peak hours. This does not include revenue-based loadshedding of 2,500-4,000MW depending on how the relevant authorities are technically able to park shortages. “We are not getting LNG (liquefied natural gas) supplies against firm demand and…

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 Suspension of gas supply to general industry from Saturday afternoon by Sui Northern Gas Pipelines Limited (SNGPL) to divert supply to power plants to meet the increasing demand threatens production and supply of various goods ahead of Eidul Azha, say representatives of the industry. The situation has forced the manufacturing sector to close mills by sending workers on leave, they say. “Suspending gas supplies all of a sudden on verbal orders and without any prior notice is sheer high-handedness with the industry, especially those engaged in food-related businesses. We strongly…

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New Mexico, the Land of Enchantment, was concerned when Biden’s pause on oil and gas drilling leases took hold, but six months into the new administration the state’s oil industry continues to go from strength to strength. After uncertainty about political decisions concerning oil and gas, following a year of low demand that drove down both oil prices and production levels, New Mexico has surpassed North Dakota as the second-largest oil producer in the U.S. following a boost in oil production this spring, not seen since the pre-pandemic period. At…

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The government has released 100 percent funds for various water resources, National Transmission and Despatch Company (NTDC) and Pakistan Electric Power Company (PEPCO) projects allocated under the Public Sector Development Programme (PSDP 2020-21). According to the data of Planning Commission, an amount of Rs71,734.046 million was allocated for various water resource sectors during the last fiscal year. Out of total allocation, domestic share was Rs58,236.046 million while foreign component was Rs13,498 million. An amount of Rs58,036.954 million was released from domestic share while Rs13,901.401 million was received under foreign components…

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The government has decided to amend Pakistan Penal Code (PPC) Act 1860 with a view to nabbing consumers allegedly involved in electricity theft through an order of a court on the application of not below grade 17 officer. However, the amendment is being opposed by parliamentarians on grounds that with this amendment the government intends to hide its poor performance and protect corrupt elements by shifting responsibility on consumers. In 2020-21 Discos’ inefficiencies have increased by over 28 per cent – to Rs 54 billion from Rs 42 billion in…

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