Category: News & Announcement

The Sindh Engro Coal Mining Company (SECMC) on Monday announced that it has achieved the financial close of Phase II of Mining Project in Thar Block II. SECMC’s coal mine in Block-II has the potential to produce over 37 million tons of coal per annum translating into 5,280 MW of electricity at less than 6 cents per KWh for over 50 years. The company in a statement said that the financial close for Phase II will enable the mine to be expanded from the existing 3.8 MT per annum to…

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Sindh Energy Minister Imtiaz Sheikh, while condemning the increase of the power tariff of K-Electric and petrol prices, demanded the federal government to withdraw it immediately. He said the increase in the KE tariff and petrol price was a bomb dropped by the government over the poor people.

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Energy companies usually do not see women fit for technical roles,” says Roma Iqbal, a Lahore-based engineer. “But with my passion and expertise, I proved that I am the right girl for the job.” In September, she joined SkyElectric, Pakistan’s leading solar energy company, becoming yet another woman to successfully enter the photovoltaic industry. With a degree in electrical engineering from the University of Huddersfield, in July Iqbal became one of the 20 women who received solar panel installation training by She in Energy and Women In Renewable Energy (WIRE Pakistan).…

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ISLAMABAD: The Federal Cabinet that met here on Tuesday with Prime Minister in the chair approved the Shahid Salim Khan as regular Managing Director of OGDCL for three-year tenure. Shahid Salim Khan was second in the list proposed on preferences by Board of Directors for Managing Director (MD) of Oil and Gas Development Company (OGDCL). Board of Directors had proposed the list of 4 candidates putting the names in order based on preferences, which included Shehryar Lodhi on top of the list, followed Mr Shahid Saleem, Ahsan Khan and Irteza…

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Pakistan is to pay millions of Euros to three Pakistani companies in equivalent Pak Rupees as barter against electricity purchase from Iran, well informed sources in Commerce Ministry told Business Recorder. The outstanding amount of Iranian Electricity Company M/s Tavanir ranges between $120-130 million. Pakistan started import of 100 MW of electricity from Iran in 2002. Since start of electricity supply, CPPA-G/ NTDC was paying due amount to Tavanir through regular banking channel. In 2011 due to non availability of normal banking channels, CPPA-G was not in a position to make…

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