Category: Shortcode

Kohala Hydropower Project Revived After Three-Year Hiatus

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Hydropower

ISLAMABAD: Pakistan has decided to revive the stalled 1,124MW Kohala Hydropower Project (KHPP) after a three-year delay, following an agreement with Chinese stakeholders, as confirmed by sources within the Planning Commission. The project had been on hold due to China Export and Credit Insurance Corporation (Sinosure) withholding insurance coverage, citing unpaid dues of over Rs550 billion owed by Pakistani power companies to Chinese independent power producers (IPPs). Additional delays were caused by changes in land acquisition laws and environmental regulations by the Azad Kashmir government. Earlier this year, the Chinese…

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Privatization Process for Three Discos Initiated

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power-gride

ISLAMABAD: The privatization process for three major electricity distribution companies (Discos) officially commenced on Tuesday following a pivotal meeting co-chaired by Privatization Minister Abdul Aleem Khan and Power Minister Sardar Awais Ahmad Khan Leghari. The Privatisation Commission has called for technical and financial proposals to appoint financial advisers for the privatization of Islamabad Electric Supply Company (Iesco), Gujranwala Electric Power Company (Gepco), and Faisalabad Electric Supply Company (Fesco). Minister Aleem emphasized that the divestment of these Discos will occur in phased stages, ensuring transparency and adherence to technical standards throughout…

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K-Electric Receives Lowest Bid for 150MW Solar Project in Balochistan

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NEPRA-KE

KARACHI: K-Electric has received the lowest tariff bid for its 150-megawatt solar energy project in Balochistan, set to commence in the fourth quarter of FY25. Following the bid evaluation, K-Electric will submit a report to the National Electricity Power Regulatory Authority (NEPRA) before announcing the successful bidder. This 150MW project is part of K-Electric’s broader plan to introduce 1,300MW of renewable energy into its generation mix. The initiative includes three phases: the 150MW project in Balochistan, a 270MW project in Sindh, and a 220MW hybrid solar and wind project.

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Senate Committee Recommends Abolishing Industry and Energy Ministries, Advocates Devolution to Provinces

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Petroleum

ISLAMABAD: The Senate Functional Committee on Devolution unanimously agreed on Monday to recommend the abolition of the Ministries of Industries and Production and Energy (Petroleum Division), proposing that their responsibilities be devolved to the provinces. Chaired by Senator Zarqa Suharwardy, the committee suggested that further recommendations regarding the distribution of these responsibilities to provinces or the Council of Common Interests (CCI) would be made in subsequent sessions. During the meeting, concerns were raised about the Ministry of Industries and Production, particularly regarding the hiring of 2,200 employees for the closed…

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Senate Committee Demands Regional Tariff Comparison for IPP Agreements

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power-subsidy

ISLAMABAD: The Senate Standing Committee on Energy has directed the Power Division to submit original agreements with Independent Power Producers (IPPs) and a detailed comparative analysis of similar contracts in other countries. This follows a commitment made by the Power Division last week to share these agreements and provide a comprehensive briefing. The committee, chaired by Mohsin Aziz, is set to meet on August 30 to discuss the matter further. The Power Division, led by Power Secretary Dr. Fakhre Alam Irfan, has yet to finalize whether the briefing will be…

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