Govt Resolved to Assist KE Meet Growing Power Demand

The federal government is resolved to work with K-Electric (KE) to address the power challenges in Karachi keeping in mind the growing power demand of the city, a minister said. It’s good to see a concerted effort being made by KE to meet Karachi’s power demands,” said Ali Zaidi Minister for Maritime Affairs during his visit to K-Electric’s Bin Qasim Power Station 3 (BQPS-III). “It’s also encouraging to note that this plant will be running on RLNG which is environmentally friendly, and the additional power will boost industrial productivity and…

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SAPM Tabish Gauhar ‘quits’

This is the third resignation by technocrats in the energy sector in a row since the PTI government assumed power. Tabish Gauhar had earlier tendered resignation and went to Dubai in protest because of meddling into the power sector affairs by the-then SAPM on Petroleum Nadeem Babar, but he came back on the intervention of the prime minister on January 12, 2021. First, SAPM Syed Shahzad Qasim resigned and then SAPM Nadeem Babar was asked to resign because of the petrol crisis. Now SAPM Tabish Gauhar was told to tender…

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PC puts off Decision on HEC sale

The commission board has given two minimum floor rates to the Cabinet Committee on Privatisation (CCOP) for taking a decision, said an official of the privatisation ministry after the meeting. It has recommended setting the minimum price at Rs22.3 per share by giving a 7.5% discount on the three-month weighted average price of PRCL. The second option is that the minimum floor price should be Rs26 per share subject to the government’s commitment to declare 75% of the after-tax profit as dividend for the next three years. “After deliberations, the…

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Power production hits all-time high

Pakistan hit an all-time high power production level at 16,078 Gigawatt hours (GWh) in a month in August on the back of strong demand for energy from industries amid expansion and households adding appliances and gadgets in their daily usage. The growth in electricity generation is in line with the government’s policy to make maximum utilisation of the surplus power production capacity available in the country, as the excessive installed capacity is causing rise in the circular debt. Unfortunately, the positive development is achieved at a higher cost. The significant…

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Pakistan GDP to grow at 4.2pc: report

The growth forecast accounts for the occasional tightening of Covid-19 restriction measures due to the still elevated number of domestic cases. This comes as Pakistan grapples with its fourth wave of Covid-19 outbreaks. Nevertheless, with the government likely to continue with its “smart-lockdown” strategy instead of imposing a nationwide lockdown, the company did not expect Pakistan’s growth trajectory to be severely curtailed. Fitch Solutions also revised its forecast for private consumption to grow by 3.6pc in FY22 compared to 3.4pc previously. While this still represented a slowdown from the 7.4pc…

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Distribution firms seek Rs2.07 hike in power tariff

The CPPA said Discos had charged consumers a reference fuel tariff of Rs4.73 per unit in August while actual fuel cost turned out to be Rs6.805 per unit, hence the additional fuel cost of Rs2.07 per unit should be charged to consumers in coming month. Interestingly, the major contribution of almost 35pc power supply came from hydropower resources at no fuel cost. On the other hand, LNG-based power contribution stood at 18pc but its fuel cost increased by 28pc since June. The CPPA reported that total energy generation from all…

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Pakistan wants to build solar plants on canals

The government of Pakistan is planning to build solar plants on top of canals spread across the region of Punjab, which hosts several canal irrigation systems. The Punjab Power Development Board (PPDB) is currently seeking consultants to conduct a feasibility study for the deployment of solar plants on canals spread across the Gujranwala division, which is an administrative division in northern Punjab; and at the Rakh branch, which is a canal originating from Lower Chenab canal, in Gujranwala, and ending at Samundri, in Faisalabad district. “Punjab has one of the…

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Power sector planning: going beyond least-cost

People and their managers are working so hard to be sure things are done right that they hardly have time to decide if they are doing the right things.” Stephen Covey’s above statement aptly fits the back-and-forth shuttling that is currently going among the NTDC, NEPRA, and the government on the draft Indicative Generation Capacity Expansion Plan (IGCEP). In the midst of heated arguments as to whose projects should be included in the Plan, our decision-makers have completely missed the fact that the very foundation, “least-cost centralized planning”, on which…

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Out dated thinking on power sector

Some foreign consultant must have told this gas thing to CCoE in English, otherwise we have been telling this to them since 2015. Still it is not energy efficiency they are striving for but to utilize excess “must run” capacity they have contracted. Unfortunately their thinking is outdated and they would be trading one evil with the other. The increase in parasitic domestic load in winter won’t help much apart from saving a little bit of gas.The GoP should look for more industrial load and stop importing engineering goods (and…

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