Category: Shortcode

World’s Biggest Offshore Wind Farm Starts Producing Power

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power-sector

The world’s largest offshore wind farm, the Dogger Bank Wind Farm in UK waters, has achieved first power and started sending electricity to the UK national grid, the developers of the project said on Tuesday, hailing the major milestone at the offshore wind farm whose construction continues. Dogger Bank Wind Farm, with a total capacity of 3.6 gigawatts (GW), is being constructed in UK waters 130 kilometers (81 miles) off the coast of Yorkshire and in three 1.2 GW phases known as Dogger Bank A, B, and C. The project developers are…

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Employees of power sector entities: Nepra opposes free electricity, monetisation

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Nepra-Act

ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has opposed free units or monetisation to employees of power sector entities and WAPDA, saying that employees should be given utility allowance like other public sector organisations instead of allowing units or their monetisation. These comments were offered by Nepra on a summary of Power Division titled “monetisation of free electricity units admissible to employees of the power sector companies”. The Cabinet Committee on Energy (CCoE) headed by Minister for Energy, Muhammad Ali, was scheduled to discuss the proposal of Power Division on…

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Massive hike in gas tariffs now seems inevitable

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Gas-tariff

ISLAMABAD: The government is all set to increase effective gas prices for non-protected domestic consumers by up to 129 percent, bulk 25 percent, commercial 136 per cent, export industry 71 percent, non-export industry 117 percent, CNG 144 percent, cement 193 percent and Liberty Power 62 percent, sources close to Secretary Petroleum told Business Recorder. To be applicable from October 1, 2023, there will be no change in gas prices for protective category of domestic consumers, Roti Tandoor and feed gas of Engro’s fertiliser plant. However, fixed rate for those protected consumers…

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Pakistan working on options to actualise IP gas project

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Iran-Pakistan

ISLAMABAD: The authorities concerned in Pakistan have started working out an option to restructure the much-touted and delayed Iran-Pakistan (IP) gas pipeline project in such a manner that US sanctions could not have an impact on the country and penalty of $18 billion sought by Tehran could be averted, top officials in Law Division told The News. “Under the new option, Pakistan may not purchase the gas directly from Iran, but through a third party or a powerful country to escape the US sanctions imposed against Iran for its nuclear…

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PRL announces highest ever production, sales of petroleum products

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PRL-eyes

KARACHI: Pakistan Refinery Limited (PRL) has recorded highest ever production and sales of petroleum products in the month of September on the back of its refinery expansion and upgrade project and remarkable diesel sales of over 82,000 tonnes. “With its ongoing refinery expansion and upgrade project (REUP) at the forefront, PRL set new records in production and sales, propelling the company towards a thriving future,” stated the information shared by PRL with The News. In September 2023, PRL achieved an unprecedented average feed rate of 5,340 tonnes, demonstrating operational excellence…

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