Category: Shortcode

M/s Sunir, an Iranian firm, has reached out to Prime Minister Shahbaz Sharif seeking assistance in receiving payment for outstanding dues owed by the National Transmission and Despatch Company (NTDC). In a letter to the Prime Minister, Managing Director Hasan Gholinezhad highlighted Sunir’s completion of the Gwadar Pak-Iran 220KV interconnection transmission line, allowing for the import of an additional 100MW of electricity from Iran to the Gwadar region despite significant challenges such as security issues and adverse conditions. The company claims that, despite fulfilling their contractual obligations and beginning work…

The International Monetary Fund (IMF) has recommended strategies to reduce power tariffs for various consumer categories, emphasizing the need to fully utilize new power plants and optimize the energy mix. According to sources in the Ministry of Finance, the IMF has advised the government to operate new power plants at maximum capacity to effectively meet the country’s energy demands. Currently, consumers face an annual burden of around Rs2 trillion in capacity charges due to underutilization of these plants. The IMF proposes lowering industrial tariffs by reducing capacity charges, which could…

Islamabad: The Federal Minister for Power, Sardar Awais Ahmed Leghari, addressed the Chairmen and Chief Executive Officers (CEOs) of Power Distribution Companies (Discos) through a video link. The focus of the discussion centered on combating electricity theft, which the Minister referred to as a form of economic terrorism that has severely impacted the country’s economy. Minister Leghari emphasized the urgent need to address electricity theft, citing its detrimental effects on the national economy. He encouraged officials of Discos to leverage technology and innovation in their efforts to eradicate power theft.…