Category: Shortcode

Hydropower project: PPIB conveys revised COD to NTDC

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dam-hydro

ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has reportedly communicated revised Commercial Operation Date (COD) of 640 MW Mahl hydropower project to National Transmission and Despatch Company (NTDC), well-informed sources told Business Recorder. The project is located on River Jhelum at the boundary between AJ&K, Punjab and Khyber Pakhtunkhwa, and is being developed by Mahl Power Company (Pvt) Limited under the provisions of Policy for Power Generation Projects 2002. China Three Gorges South Asia Investment Ltd (CSAIL) is the main sponsor of the Project Company. Hydropower, transmission: Major projects face…

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PMUs in Discos: Cabinet throws PD’s plan into trash bin

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Power-generation

ISLAMABAD: The Federal Cabinet has reportedly thrown Power Division’s plan of Performance Monitoring Units (PMUs) in Discos (Distribution Companies) into the dustbin saying that blocking passports, CNICs and stopping foreign travel were diversions from real sustainable solutions, well-informed sources told Business Recorder. Sharing the details, the sources said, Power Division apprised the Cabinet in its last meeting that after the unbundling of WAPDA, the power distribution business had been entrusted to ten Distribution Companies (excluding Karachi, which was being served by a private company), and that ever since then the appointment…

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Shamshad again chosen for SSGCL board chair

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Shamshad-Ather

ISLAMABAD: While still in the government, the Petroleum Division has announced the nomination of Caretaker Finance Minister Dr Shamshad Akhtar as chairperson of the board of directors of the state-owned Sui Southern Gas Company Ltd (SSGCL) for another three-year term.“In recognition of her professional dedication and unwavering efforts, the government had nominated Dr Shamshad Akhtar for another tenure as chairperson of the board of directors for which elections will be held”, said a statement issued by the Petroleum Division. She is already holding the same position on a temporary basis…

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SAI President demands early issuance of 9 cents power tariff notification

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Power-Tariff

KARACHI: The President, SITE Association of Industry Muhammad Kamran Arbi, while welcoming the decision of the federal government to allow power tariff @ 9 cents / KWh to industrial consumers, has demanded the Govt. to issue the Notification of the same immediately.He said that power tariff reduction to 9 cents/kWh will not only help in restoration of industrial competitiveness and reigniting the engine of the economy but would also go a long way in boosting the confidence of industrialists. Such a move would boost exports across all sectors and stimulate…

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SAP and K-Electric join hands

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K-Electric

KARACHI: K-Electric has decided to upgrade it SAP platform to S/4HANA Rise which is a Cloud Computing SAP software. The purpose of this data migration is to enhance the overall productivity of the company. The agreement was signed between Systems Limited, SAP and K-Electric, during SAP’s Discovery Day event, held in Karachi. K-Electric will shift the entire SAP landscape onto the Cloud, making it one of the largest data migrations in the region. Moonis Alvi, Chief Executive Officer, K-Electric; stated, “At K-Electric, we remain committed to placing our customers at…

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