Category: Shortcode

Prime Minister Shehbaz Sharif was informed on Thursday that 27 power plants having a combined generation capacity of more than 7,000 megawatts are out of order due to technical problems or fuel shortages at a time when citizens are faced with power outages across the country. The Ministry of Energy presented the list these power plants during the briefing and put the blame on the lack of direction and political support for fuel arrangements. It was explained that nine major power plants with a generation capacity of 3,535MW were not…

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According to a Business Recorder report, operations of nuclear power plants and repayment of foreign/local debts have become difficult in the absence of required payment by the Central Power Purchasing Agency – Guaranteed (CPPA-G). As per the report, the Strategic Plans Division (SPD) has urged the concerned stakeholders to hold an inter-ministerial meeting to discuss and address the evolving situation. Nuclear power plants are being managed under the National Command Authority-approved Nuclear Power Vision 2050, which envisages the generation of over 40,000 MW of electricity by 2050. So far, six…

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National Transmission and Despatch Company (NTDC) has raised questions on energy conservation targets assumptions by the National Energy Efficiency and Conservation Authority (NEECA) in its National Energy Efficiency and Conservation (NEEC) Policy 2022. NTDC, in a letter to NEECA, has acknowledged that energy efficiency and conservation targets are very vital building block for the long-term energy and demand (electricity) forecast. This forecast is a very key input for Indicative Generation Capacity Expansion Plan (IGCEP). According to NTDC, its experts have thoroughly analyzed the targets and have raised some questions over…

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Oil sector has warned of acute fuel shortage if its price differential claims (PDC) are not cleared on time, petrol volume in white oil pipeline is not increased fast, and timely payments under petrol IFEM (Internal Freight Equalization Margin) are not ensured. If this situation continues to stay unabated, then industry will not be able to meet the country’s fuel demand,” said Oil Companies Advisory Council (OCAC) in a letter to the country’s energy watchdog. The OCAC said dragging feet on this triad of actions would worsen the cash flow…

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Oil and Gas Regulatory Authority (OGRA) has slashed the price of Re-gasified Liquefied Natural Gas (RLNG) for Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) by $0.20/mmbtu to $15.62/mmbtu and $16.91/mmbtu, respectively for the month April. According to the revised price notified by OGRA, a total of eight RLNG cargoes were received out of which seven were received from Pakistan State Oil (PSO) while Pakistan LNG Limited (PLL) imported only one LNG cargo. The authority also computed the total weighted average sale price of RLNG without…

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