ISLAMABAD/ LAHORE :Caretaker Prime Minister Anwaarul Haq Kakar on Sunday instructed relevant authorities to formulate concrete measures within the next 48 hours aimed at reducing burden on the masses amid a public outcry over astronomical electricity bills. The prime minister had called an emergency meeting, which lasted for nearly two hours, in a bid to address the complaints about excessive…
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KARACHI: The bottom line of Pakistan State Oil (PSO) turned negative in the last quarter of 2022-23 as its unconsolidated loss amounted to Rs4.6 billion versus a three-month profit of Rs21.4bn a year ago. In the preceding quarter of January-March, the state-owned oil marketing company recorded a net profit of Rs13.6bn. As a result, PSO’s earnings totaled Rs5.6bn in 2022-23,…
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Waseem Mukhtar has also served as Additional Secretary Power Division ISLAMABAD: Waseem Mukhtar, Special Secretary Cabinet Division, has been selected as the Nepra chairman for four years. Waseem Mukhtar, who also served as Additional Secretary Power Division, played an important role in coping with the power sector challenges, top sources in the PM Secretariat and Cabinet Division told The News.…
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August 9, 2023: Subsequent to completion of restoration works in the tail race tunnel, Neelum Jhelum Hydropower Project has resumed electricity generation. Federal Minister for Water Resources Syed Khursheed Ahmed Shah visited Neelum Jhelum Hydropower Project and resumed the electricity generation by pressing the button. He also unveiled a plaque to mark resumption of electricity generation from the project. At…
Read MoreClean Power for AllSolar Clean EnergyGoodweBattery Energy Storage SystemPakistan’s Renewable Energy SectorSeminar SSEP 18th July 2023Energy Conf KHI
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LAHORE: Average natural gas consumption reduced by 8.61 percent to 3,258 million cubic feet per day (mmcfd) year-on-year in July-March 2023 (9MFY23) period against 3,565 mmcfd use recorded in the corresponding period last year.According to Economic Survey 2023 released by the government, total consumption of indigenous gas and imported Regasified Liquefied Natural Gas (RLNG) stood at 2,627 mmcfd and 631…
Read MoreISLAMABAD: The government on Thursday cut the re-gasified liquefied natural gas (RLNG) prices for both the Sui companies by up to $0.714 per MMBtu (or 5.22 percent) for the month of June, 2023. RLNG price for the Sui Northern Gas Pipelines Limited (SNGPL) consumers has been reduced by $0.6816 per MMBtu, while for Sui Southern Gas Company (SSGC) clients, prices…
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Total PARCO Pakistan Limited, one of the largest multinational energy company in Pakistan, recently organized an event titled “Transforming Lives with Positive Action in New Reality” at Government College University (GCU) in Lahore. The event featured Mr. Mehmet Celepoglu, Chief Executive Officer of Total PARCO Pakistan Limited (TPPL), who delivered an inspiring speech to the young students and enthusiastic audience…
Read MoreISLAMABAD: German Ambassador Alfred Grannas has urged the government to approve Category-III renewable energy projects to provide affordable and clean energy to underprivileged parts of the country. In a letter to Minister for Power, Khurram Dastgir Khan, German Ambassador referred to M/s ibvogt GmbH, one of the German largest solar developers, which has been actively involved in the development of…
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TAPI is a transformation agenda for the region not just a pipeline,” said Dr Musadik Malik. A high level delegation of Turkmenistan led by State Minister & Chairman of Turkmengas Mr. Maksat Babayev, held meeting with the Pakistani delegation led by Minister Of State for Petroleum Dr. Musadik Malik here today. Both sides discussed various aspects of the flagship Turkmenistan-Afghanistan-Pakistan-India…
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