A number of private enterprises in collaboration with Capital Development Authority (CDA) have launched a mega project of re-carpeting national roads under the “World Without Plastic” programme. A prominent road in Islamabad, Ataturk Avenue, has been identified for re-carpeting and according to experts, eight tons of used plastic (PET bottles) will be mixed with road constructing material for re-carpeting the road. The project allows the use of recycled PET waste to be part of a circular plastic economy and have a considerably positive impact on the environment. ‘First time in…
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Kapco seeks renewal of power generation licence
The National Electric Power Regulatory Authority (Nepra) has provisionally allowed Kot Addu Power Company (Kapco) to keep producing and supplying electricity to the national grid until the regulator arrives at a final decision whether to renew the company’s power generation licence. In a regulatory filing with the national bourse on Friday, Kapco said its licence renewal application is being “duly progressed with Nepra”. The power purchase agreement (PPA) of Kapco, which runs a multi-fuel–powered plant of 1,600 megawatts, is about to expire after 25 years. Therefore, the company faces “material…
Read MoreNEPRA Approves Capacity Expansion Plan
The National Electric Power Regulatory Authority (Nepra) has approved the first-ever Indicative Generation Capacity Expansion Plan 2021-30 (IGCEP-2021) in terms of relative provisions of grid code of the National Transmission and Despatch Company (NTDC). “IGCEP will be a dynamic document covering a planning horizon of 10 years and it will be revised annually,” stated a statement issued on Friday. “It will act as a primary document for adding new capacity for generation to meet the future demand in a scientific and systematic manner, thus avoiding the boom and bust cycle,…
Read MoreSindh expresses reservations on approval of ‘one-sided’ IGCEP by CCI
Sindh government has expressed reservations on approval of “one sided” Indicative Generation Capacity Expansion Plan (IGCEP) by the Council of Common Interests (CCI), maintaining that giving preference to hydel projects over wind and coal projects will increase total basket with stimulated potential impact of billions of dollars over the life cycle of the project. These apprehensions were conveyed by Minister for Energy Imtiaz Shaikh in letters to Minister for Energy Hammad Azhar and NEPRA Chairman Tauseef H Farooqi.On September 6, 2021, the CCI had approved the IGCEP on the basis…
Read MoreCost of power generation up 60%
The cost of power generation in the country has increased by 60% — the rate of a unit going up by Rs6.42 in the last one year. According to documents, the cost of generating electricity using diesel, furnace oil, coal, LNG and gas has significantly jacked up. In the last one year, the cost of generating electricity on diesel went up by Rs3.19 per unit.The cost per unit from diesel increased from Rs19.43 to Rs22.62. Electricity produced using natural gas went up by 62 paisas per unit against last year.…
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