Category: Shortcode

Senate Committee Scrutinizes NTDC Restructuring and Power Sector Reforms

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NTDC-Power

Concerns Raised Over IPP Shutdowns, DISCOs’ Efficiency, and Cost of Electricity ISLAMABAD: The Senate Standing Committee on Power, chaired by Senator Mohsin Aziz, convened at Parliament House on Monday to review the government’s restructuring plan for the National Transmission & Despatch Company (NTDC) and evaluate its impact on the power sector. The Ministry of Power outlined its plan to divide NTDC into smaller units, aiming for enhanced efficiency and functionality. According to the ministry, the proposed restructuring involves maintaining NTDC engineers within the National Grid Company to oversee internal operations,…

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Trump Unveils Sweeping Executive Orders on Climate, Immigration, and Federal Policy

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WASHINGTON, DC: Former President Donald Trump launched a series of executive orders upon resuming office, targeting diverse areas such as climate policy, immigration, federal employment, and energy. These orders underscore his commitment to reversing Biden-era policies and reinforcing his agenda. Pardons and Capitol Riot CasesTrump issued pardons for approximately 1,500 individuals convicted in the January 6 Capitol riot, including members of the Proud Boys and Oath Keepers. The order also directed the attorney general to dismiss pending riot-related cases. Immigration OverhaulDeclaring illegal immigration a national emergency, Trump designated cartels as…

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OGDCL Boosts Oil and Gas Production in Key Projects

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The Oil and Gas Development Company Ltd (OGDCL) has enhanced its oil output by 145 barrels per day at the Pasakhi-7 well in Hyderabad, Sindh, bringing production to 520 barrels per day. The improvement comes from using advanced technologies, including a Jet Pump system and Multi Physio Chemical Stimulation, the latter marking its debut in the southern region. In another milestone, OGDCL’s Chak 212-1 exploratory well in Punjab’s Mari East Block has made a significant discovery, producing two mmscfd of gas. The gas is now being delivered to Engro Fertiliser…

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Rousch Power Completes Complex Handover

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power-producer

KARACHI/ISLAMABAD: Rousch Pakistan Power Ltd (RPPL), an independent power producer, has handed over its power complex to the National Power Parks Management Company Ltd after finalizing payments with the Central Power Purchasing Agency (CPPA). Altern Energy Ltd (AEL), RPPL’s parent company, confirmed the move in a stock filing, noting the early termination of its Power Purchase Agreement (PPA) as part of a Negotiated Settlement Agreement (NSA). The decision, approved in November 2024, marks the completion of RPPL’s contractual obligations and formalizes the transition as of December 31, 2024.

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Middle East Energy 2025 to Launch Battery and E-Mobility Sector, Driving Sustainable Transport Innovation

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Dubai, UAE – January 13, 2025: Middle East Energy, the region’s leading energy event, is taking a bold step towards advancing sustainable transport by introducing a dedicated Battery and E-Mobility sector at its 49th edition. This initiative will debut the internationally renowned Battery Show brand in the Middle East, taking place at the Dubai World Trade Centre (DWTC) from April 7–9, 2025. This addition underscores the event’s commitment to positioning Dubai as a global leader in the energy transition. With a focus on the growing demand for energy storage solutions,…

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