Category: Shortcode

Management of Sindh Transmission & Dispatch Company welcomed the delegation from Embassy of Denmark in Pakistan accompanying Ambassador H.E. Mr. Jakob Linulf, Mr. Saleem Anwar (Head of Communications & Projects) and Executives of Danish Energy Agency, Centre for Global Cooperation Agency Mr. Ulrik Eversbusch (Director), Mr. Nadeem Niwaz (Special Advisor), & Ms. Marie Bredkjaer Thomsen (Advisor).The dialogues were carried between both sides to discuss the energy situation in Pakistan. The core focus of the meeting was to deliberate the scope of the renewable energy resources in province of Sindh and…

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Gut-wrenching market volatility and attractive valuations are prompting some investors to keep their bullish views on energy stocks, one of the few bets that have thrived in an otherwise punishing year. It’s not an easy call. The S&P 500’s energy sector is already up around 46% this year and monetary policy tightening around the world has bolstered the chances of a global recession that could curtail energy demand. Still, signs that supply will remain comparatively scarce are prompting some investors to stick with the sector, drawn by attractive earnings prospects…

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Water and Power Development Authority (WAPDA) is actively pursuing six hydropower projects to add over 11,241 MW of environment-friendly hydel electricity to the existing 9,443 MW hydel generation in the coming years. Wapda officials told APP here that presently, the total installed capacity of 24 Wapda Hydel power stations stood at 9,443 MW and the addition of over 11,241 MW would enhance it to 20,684.4 MW. The existing power stations included Tarbela, Mangla, Ghazi Brotha, Neelum Jehlum, and Warsak Hydropower Projects, which contributed about 25 per cent of the total…

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he President, Balochistan Economic Forum (BEF), Sardar Shoukat Popalzai has said that Chinese investment is a major milestone on improving socioeconomic development in the province of Balochistan. He expressed concern over recent statements from a National Assembly Member from the province of Balochistan, in which he has used very harsh words for Chinese companies making investments in the province including power projects. The MNA even accused them of destroying the environment and marine life in the coastal areas, besides denying jobs to locals. Sardar Shoukat Popalzai regretted that such statements…

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National Electric Power Regulatory Authority (Nepra) on Friday approved refund of Rs 8.37 billion at the rate Rs 4.8862/ kWh to the consumers of K-Electric and an increase of Rs.0.1918/ kWh in tariff of power Distribution Companies for August 2022 under monthly Fuel Charges Adjustment (FCA) mechanism. The regulator conducted public hearings on the FCA adjustment requests of KE and Discos/ CPPA-G on September 29, 2022, attended by officials of KE, CPPA-G, NTDC, NPCC and consumers’ representatives. KE had sought negative adjustment of Rs 4.211/ kWh to refund Rs7. 217…

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