Category: Shortcode

Cabinet may ratify deal between UPL, govt entities

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Uch-Power.

ISLAMABAD: The long-awaited deal between Uch Power (Pvt) Limited (UPL) and entities of Power Division and Petroleum Division for final approval will land in Federal Cabinet in its next meeting, sources close to Minister for Power told Business Recorder. Sharing the details, they said based on the recommendation of Cabinet Committee on Energy (CCoE) and ECC of the Cabinet, Federal Cabinet on February 9, 2021 approved the revised payment mechanism and agreements with IPPs and further authorized Power Division to continue negotiations with the remaining IPPs. In pursuance to decision,…

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Electricity generation capacity to Tarbela to jump to 6, 418 MW in 2025

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Terbala-Dam

ISLAMABAD, May 29 (APP): The total electricity generation capacity of Tarbela Power House will jump to 6,418 megawatts (MW) from the existing 4,888 MW after the commissioning of the Tarbela 5th Extension Project scheduled to be completed in 2025. Official sources told APP here that the cumulative generation capacity of the project stood at 1530 MW with three generating units of 510 MW each. On completion, the project would provide 1.347 billion units of environment-friendly and low-cost hydel electricity to the National Grid on average every year. WAPDA is constructing…

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Commercial utilisation of SSGC LPG: Govt urged to allow access to parties interested in building storages

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SSGC

Commercial utilisation of SSGC LPG: Govt urged to allow access to parties interested in building storagesIslamabad: The LPG Industries Association of Pakistan has asked the federal government to allow third-party access for commercial utilisation of SSGC LPG (Pvt) Limited at Port Qasim to those parties interested in building LPG storages in Pakistan.In a letter, the association argued that Pakistan lacked LPG storage. The purpose of allowing third party was to increase Pakistan’s LPG reserve stock from two days to 30 days.The association acknowledges the government had helped LPG industry in…

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