Category: News & Announcement

ISLAMABAD: Independent Power Producers (IPPs) have done postmortem of the report of nine-member committee headed by ex-SECP chairman Muhammad Ali on power sector declaring its recommendations as against the spirit of power policies that the governments offered and the power purchase agreements (PPAs). The IPPs also termed many of the recommendations as ones suggesting putting cart before the horse. The IPPs also highlighted glaring mistakes in the calculations of excessive profits and return in the report, saying that in a number of cases, the stated accounts in the report do…

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A new report from the International Renewable Energy Agency (IRENA) show that, to save the planet, a massive transformation of the world’s energy system will need to occur, in which a large-scale shift to renewables and new carbon-free fuels is accompanied by a precipitous decline of hydrocarbons. The report gives solid numbers on what the world will look like in 2050 if the goals of the Paris Climate Accord are achieved. In Global Renewables Outlook 2050, the Abu Dhabi-based agency builds on its earlier Global Energy Transformation: A Roadmap to…

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Australia’s electricity grid operator wants the power to remotely switch off or constrain the output of new rooftop solar systems, as it finds ways to manage South Australia’s world-leading levels of “invisible and uncontrolled” solar output. Other states and territories will be encouraged to adopt a similar approach. While the use of batteries might help the market operator avoid powering down household rooftop systems, it describes the ability to remotely control panels as an essential “back-stop”. AEMO’s managing director Audrey Ziebelman says the study makes clear that the current approaches…

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KARACHI: A civil society group striving to promote renewable energy and climate justice has welcomed the recently-released power sector audit report and demanded establishment of a parliamentary commission to further examine its findings and look into the entire matter afresh with a broader social, economic, financial and environmental lens in the current scenario of COVID-19. While terming the audit report ‘first step in right direction’, the civil society group called for continuation of the power sector audit process and making it democratic, broad-based, citizens-driven, climate-focused and policy-oriented. The group, namely…

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Petrol prices in Pakistan drop by Rs 15 . The Oil and Gas Regulatory Authority (OGRA) has suggested government to decrease the petroleum products price . As per the suggestions government announces to reduce Rs15 in petrol price. According to the details, the authority has recommended the price by Rs 44 from the next month (May). The suggested price of petrol by Rs20.68/ liter, light diesel oil (LDO) by Rs24.57/ liter, diesel may be reduced by Rs33.94 per liter and kerosene oil by Rs44.07/ liter. If the government accepts the…

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