The National Electric Power Regulatory Authority (NEPRA) will conduct a public hearing on Tuesday (today) over a petition submitted by K-Electric on account of fuel charges adjustments (FCA) for November 2022, a statement said on Monday. For November, K-Electric has filed a petition for a reduction in FCA at the rate of Rs7.04/kwh (per unit). November’s FCA was lower primarily due to a reduction in prices of RLNG, furnace oil, and power purchased from CPPA-G by 18 percent, 15 percent, and 37 percent respectively as compared to September 2022. FCAs…
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Rs370bn investment proposed for national grid expansion
The National Transmission and Despatch Company (NTDC) that runs the country’s national grid has sought approval for a Rs370 billion investment plan for system expansion and loss reduction over the next three years (2023-25). In a petition to the National Electric Power Regulatory Authority (Nepra), the transmission system operator stated that the proposed investment was required to meet the needs of an expanding transmission network with the induction of new power plants and technologies to various parts of the country, rehabilitation of existing system and need for new technologies to…
Read MoreEnergy projects to earn Rs10bn per annum for KP: secretary
The Secretary Energy & Power KP Nisar Ahmad Khan has said that the timely completion of ongoing energy projects in the province is the first priority, however, the ongoing economic issues in the country are proving to be a major obstacle in the completion of energy projects, for which an integrated strategy is indispensable. Department of Energy subsidiary Pakhtunkhwa Energy Development Organization (PEDO) is a profitable enterprise of the province that has successfully completed various hydropower projects at a cost of Rs. 9 billion and has brought an income of…
Read MorePMO Seeks Report on Proposed Changes in Net-Metering Regulations
The Prime Minister Office (PMO) has sought report from Power Division on the concerns of Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on the proposed amendments in Net Metering regulations. FPCCI had written a letter to the Prime Minister Shehbaz Sharif, following a public hearing at Nepra on this issue and comments of Chairman Nepra, Tauseef H Farooqi. FPCCI has submitted the following recommendations: (i) allow carry forward surplus units in the following months enabling the generator to use it according to the need and if desired donate…
Read MorePakistan needs approximately $155 billion for energy sector till 2030: ADB
Energy investment ranges from $62 billion to $155 billion till 2030, a local newspaper reported on Sunday. According to ADB’s Central Asia Regional Economic Cooperation (CAREC) Energy Outlook for 2030 report, energy investment needs until 2030 vary significantly across the three scenarios, with estimates ranging from $62 billion to $155 billion. The power generation and the energy efficiency sector need the most significant investments owing to the rapidly growing demand and low baseline efficiency. In all three scenarios, the largest investments are needed for the development of the country’s hydropower…
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