Category: Recent Post

The compressed natural gas (CNG) industry has sought allocation of long-term terminal and pipeline capacity in an effort to attract viable suppliers for liquefied natural gas (LNG) import at competitive rates. In this regard, Universal Gas Distribution Company (Pvt) Limited (UGDC) – a special purpose company – was set up five years ago with approval of the Economic Coordination Committee (ECC) for LNG import for the CNG sector while bearing financial risk. The Pakistan Tehreek-e-Insaf (PTI) government has framed third-party access rules, which allow the private sector to import LNG.…

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The compressed natural gas (CNG) industry has sought allocation of long-term terminal and pipeline capacity in an effort to attract viable suppliers for liquefied natural gas (LNG) import at competitive rates. In this regard, Universal Gas Distribution Company (Pvt) Limited (UGDC) – a special purpose company – was set up five years ago with approval of the Economic Coordination Committee (ECC) for LNG import for the CNG sector while bearing financial risk. The Pakistan Tehreek-e-Insaf (PTI) government has framed third-party access rules, which allow the private sector to import LNG.…

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The Pakistan Tehreek-e-Insaf (PTI) government is working on multiple plans to ensure sale of shares in K-Electric. Under plan A, the government is working to complete the transfer of K-Electric’s share to China’s Shanghai Electric Power, however, there are some pending issues that the Chinese company wants to settle before the transaction is complete. Earlier, Shanghai Electric Power had expressed a commitment to complete the utility company’s transaction within six months subject to resolution of issues. In a meeting chaired by the ministers for privatisation and energy, held in the…

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has recently issued its determination on the applicability of open access charges to consumers and has rejected a petition of the Central Power Purchasing Agency-Guarantee (CPPA-G) in this respect connected with wheeling charges. Buyers or consumer’s choice and competition are the basic tenets of capitalist markets. Under open access, the consumer has a choice of procuring or generating his own electricity. Open access is one of the key instruments for fostering competition, promoting new investments and power supplies, improving capacity utilisation, reducing…

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The interface between construction activity and climate change cannot be disregarded while discussing the role and importance of both these areas in sustainability of economic development. The construction industry and environment or climate change have two-way mutual repercussions. On the one side construction is an industry that has a lot to contribute to the climate change dynamics, negatively or positively depending on the construction techniques, while on the other side climate change impacts the construction industry itself in more than one way. The first and foremost impact of construction is…

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