Category: Shortcode

SNGPL Urges PPL to Ensure Continuous RLNG Supply to KE Amid Excess Gas Concerns

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Pakistan-LNG

ISLAMABAD: The Sui Northern Gas Pipeline Company (SNGPL) has raised alarms over the financial and operational implications of excess Re-gasified Liquefied Natural Gas (RLNG) in its system due to insufficient retention by Sui Southern Gas Pipeline Company Limited (SSGC). In response, SNGPL has urged Pakistan LNG Limited (PLL) to explore the possibility of maintaining a continuous supply of 150 MMCFD RLNG to K-Electric (KE). SNGPL highlighted this issue to the Directorate General (Gas), Petroleum Division, noting that SSGC’s average retention of RLNG in July 2024 was significantly lower than the…

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Senate Committee Demands IPP Agreement Copies Amid Power Sector Crisis

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Power-sector

ISLAMABAD: The Senate Standing Committee on Power, led by Senator Mohsin Aziz, has requested copies of all Independent Power Producers (IPPs) agreements since 1994, alongside details of sponsors, amendments, heat rates, and comparative regional pricing. This move is part of a broader effort to address the critical issues affecting Pakistan’s power sector, which Senator Aziz described as a matter of national security and emergency. Committee’s Focus: The Committee held its first meeting on July 12, 2024, with the minutes released on August 1, 2024. The Power Division is to provide…

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Pakistan Considers Importing Coal from Kyrgyzstan to Bolster Energy Supply

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coal-project

ISLAMABAD: Pakistan is exploring the possibility of importing coal from Kyrgyzstan for power generation, a temporary measure until power plants can transition to Thar coal, according to sources from Business Recorder. The Ambassador of Pakistan to Kyrgyz Republic recently met with Talaibek Baigaziev, Kyrgyz Deputy Minister of Energy, to discuss potential energy cooperation between the two countries. During the meeting, Baigaziev expressed satisfaction with the resumption of the CASA-1000 project, anticipating its completion by the end of 2026. He also mentioned the Kyrgyz Energy Minister’s interest in a phone call…

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CCOP Approves Sale of Six Loss-Making Power Firms; Consumers to Bear Rs200 Billion Burden

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Power-Projects

ISLAMABAD: The Cabinet Committee on Privatisation (CCOP) has approved the sale of six of the highest loss-making power distribution companies and four power generation companies, which collectively incur annual losses exceeding Rs200 billion. This decision, aimed at reducing the financial strain on the power sector, indicates that consumers will continue to face high electricity bills to cover these losses. The CCOP, led by Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar, reiterated its commitment to privatizing 24 state-owned enterprises (SOEs) over the next five years. Despite this decision,…

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Karachi Residents Face New Municipal Utility Charges in Electricity Bills

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Your-Bill

KARACHI: In a move that adds to the financial burden of Karachi’s residents, the Karachi Metropolitan Corporation (KMC) has formally notified the collection of the controversial Municipal Utility Charges and Tax (MUCT) through K-Electric (KE) bills. This new charge will cost residents up to Rs400 extra in their electricity bills for the current month. Officials from both KMC and KE have confirmed the implementation of MUCT, which is expected to generate over four billion rupees annually for the city’s municipal administration. A KMC official stated that KE consumers will see…

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