Category: Uncategorized

Chinese Firm Seeks Formal Extension of LoS for $2.5 Billion Kohala Hydropower Project

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Hydropower

ISLAMABAD: M/s Kohala Hydropower Company Limited (KHCL), a Chinese firm, has formally requested the government to issue a notification extending the Letter of Support (LoS) for its $2.5 billion, 1,124 MW run-of-the-river Kohala Hydropower Project until September 30, 2027, sources told Business Recorder. The Kohala project, a priority initiative under the China-Pakistan Economic Corridor (CPEC), initially received LoS from the Private Power and Infrastructure Board (PPIB) on December 31, 2015, with extensions granted thereafter, the latest approved during PPIB’s 144th Board meeting. In a letter to the Power Division, KHCL…

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NTDC-KE Interconnection Project to Play Vital Role in Providing Affordable Power to Karachi: Sindh Energy Minister

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New-Project66

KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has said that the interconnection project between K-Electric (KE) and the National Transmission and Despatch Company (NTDC) will play a key role in ensuring the supply of affordable electricity to consumers in Karachi. He made these remarks while chairing a high-level review meeting on the project. The session was attended by KE CEO Moonis Alvi, NEPRA Member (Technical) Rafiq Shaikh, NTDC Managing Director Muhammad Waseem, and other key officials. During the meeting, the KE CEO and NEPRA representative briefed the minister on…

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LONGi Solar Europe Powers LATAM Energy Shift with Key Utility-Scale Alliance

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New-Longi2

European Expertise Powers Multi-Continental Solar Deployment, Reinforcing BC Technology Leadership Madrid, April 23rd, 2025 – LONGi Solar, the global leader in solar innovation, has finalized a transformative agreement to supply over 100MW of Hi-MO 9 modules for a utility-scale solar initiative spanning LATAM continent. Spearheaded by LONGi’s European team, this collaboration underscores the company’s capacity to deliver cutting-edge back contact (BC) solutions for high-impact projects in diverse geographies, further cementing Europe’s role as a hub for global renewable energy leadership. Project Overview: Bridging Continents with BC InnovationThe initiative, developed in…

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“NEPRA to Hear KAPCO’s Tariff Revision Plea Next Month”

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NEPRA-Office

The National Electric Power Regulatory Authority (NEPRA) is set to hear the tariff revision plea of Kot Addu Power Company (KAPCO) next month. This development is significant, as it may impact the power tariff for consumers. KAPCO’s plea for tariff revision is likely to be scrutinized by NEPRA, which will consider various factors, including the company’s operational costs, efficiency, and investment plans. The regulatory authority may also take into account the impact of the tariff revision on consumers and the overall power sector ¹. NEPRA’s decision on KAPCO’s tariff revision…

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OGDCL Announces Completion of Feasibility Study for Reko Diq Project

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Reko_Diq

ISLAMABAD, March 25, 2025: Oil and Gas Development Company Limited (OGDCL) has announced the completion of the updated feasibility study for the Reko Diq Project, marking a significant milestone in Pakistan’s journey toward unlocking one of the world’s largest undeveloped copper-gold resources.OGDCL holds an 8.33% share in the project as part of a collective 25% stake held by three Pakistani State-Owned Enterprises (SOEs), including Pakistan Petroleum Limited (PPL) and Government Holdings (Private) Limited (GHPL). The SOEs’ interest is managed through Pakistan Minerals (Private) Limited. Of the remaining share, 25% is…

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