Category: Recent Post

A new Indicative Generation Capacity Expansion Plan (IGCEP) has been submitted by the National Transmission and Despatch Company (NTDC) for the regulator’s approval. There are some questionable recommendations made in the model that we will discuss in this space. Should we adopt the recommendations because a computer model has been used or we should apply our minds, analyse and evaluate it keeping in view some peculiarities? Also, all models should be taken with a pinch of salt as there are many issues related to assumptions, methodologies and data accuracy. On…

Read More

Karachi (June 04, 2021): On the occasion of World Environment Day, Coca-Cola reiterated its commitment to protect natural ecosystems across Pakistan as part of its sustainability agenda for which Water, Waste and Women are the three core focus areas. Over 10 million beneficiaries have been positively impacted by the company’s interventions through water stewardship, 85 percent of plastic waste is collected according to a formal study conducted by WWF and 200,000 women have graduated under the empowerment programs in the most underserved communities. This commitment was reaffirmed in Islamabad on June…

Read More

WORLD Environment Day today has kick-started a decade of ecosystem restoration. As a global host for World Environment Day, 2021, it is an important opportunity for Pakistan to revisit environmental priorities that it has followed for the last 50 years and reset the direction for the decade ahead. The 1972 Stockholm Declaration inspired Zulfiqar Ali Bhutto to begin Pakistan’s environmental journey. The Declaration laid down the principle that the earth’s carrying capacity must be protected. Within two years, the Environment and Urban Affairs Division was established. Instead of focusing on…

Read More

The National Electric Power Regulatory Authority (Nepra) intends to enhance the renewable energy footprint to 30 per cent over the next 10 years from the current 3pc of Pakistan’s overall generation capacity of over 35,000MW, Nepra Chairman Tauseef H. Farooqi said on Friday. Addressing a live webinar on “Pakistan’s Energy Transition and the Road Ahead” hosted by K-Electric and Nepra, he said the current share of hydropower at 30pc should be included in the renewable energy mix which would enable Pakistan’s total progress in the renewable energy space to exceed…

Read More

ISLAMABAD: The government on Friday completed Rs89.2 billion transactions as the first instalment of payments to 20 independent power producers (IPPSs) from the Rs403bn committed under a settlement agreement with 46 IPPs signed in February. Payment to other IPPs suffered delay as the National Accountability Bureau (NAB) had decided to examine the deal. “The government has completed the first payment transaction of 40pc to 20 IPPs amounting to Rs89.2bn equally divided in cash, five years’ Sukuk and 10 years’ Pakistan Investment Bonds (PIBs),” the Ministry of Finance said, adding the…

Read More