Category: Shortcode

Engro Energy Limited in collaboration with the National Electric Power Regulatory Authority (NEPRA), Ministry of Energy, Government of Sindh, Overseas Investors Chamber of Commerce & Industry (OICCI), and Corporate Pakistan Group held ‘Pakistan Energy Symposium’ at a local hotel on Saturday. The conference brought together relevant stakeholders from public sector policymakers, regulatory bodies, private sector stakeholders and industry experts to discuss the opportunities and challenges for market reforms in Pakistan with a major focus on creating a comprehensive strategy for the future of energy industry in the country. Experts at…

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SSGC filed a petition for the increase in gas tariff with Oil & Gas Regulatory Authority (OGRA) under Section 8 (1) of OGRA Ordinance 2022 for the determination of its estimated revenue requirements/prescribed prices for FY2023. The gas utility projected Rs88.798 billion as shortfall in its total revenue requirement, estimated at Rs286.724 billion for next fiscal, whereas sale revenue at the current prescribed price has been figured at Rs.197.926 billion. Besides, SSGC also estimated RLNG (regasified liquefied natural gas) cost of service at Rs16.47 per MMBTU with effect from July…

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The K-Electric (KE) has sought Rs 3.4 billion from the federal government as the first installment from the prime minister’s relief package under which a subsidy of Rs 5 per unit has been approved for domestic consumers using up to 700 units a month and commercial non-ToU consumers having a sanctioned load of less than 5 KV. The International Monetary Fund (IMF) has yet to support this measure despite the hectic efforts by the economic team led by Finance Minister Shaukat Tarin. According to the KE’s provisional invoices, the total…

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 Indonesian ambassador Adam Mulawarman Tugio on Saturday extended support to Pakistan to obtain full dialogue partner status with the Association of Southeast Asian Nations (ASEAN), which could provide huge economic opportunities for Pakistan. Pakistan will be able to be accepted as a full dialogue partner status and it will increase political, commercial, and economic links with ASEAN member states, ” Adam Mulawarman Tugio, Indonesian ambassador told APP in an interview. The ambassador said there were two approaches for achieving the goal; first through an institutional process, while the second was…

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Karachi: Agreements have been signed with leading power sector companies to safely use garbage collected in Karachi for production of clean electricity. The Sindh government’s Energy Department, Local Government Department, and Sindh Solid Waste Management Board (SSWMB) have joined hands to launch the project under the public-private partnership. The proposed waste-to-energy project will consume 6,000 tonnes to 8,000 tonnes of trash generated daily in the city. Work on the project will start immediately. Up to 16,000 tonnes of municipal waste generated in Karachi daily creates serious issues for its residents…

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