Category: Uncategorized

Ogra Hikes Gas Tariff for Captive Power Plants, Textile Industry Expresses Alarm

Admin
Gas-Tariffs

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has announced a hike in gas tariffs for Captive Power Plants (CPPs), raising the price from Rs 3,000 to Rs 3,500 per MMBtu, effective February 1, 2025. A notification clarified that the increase does not apply to commercial tandoors, domestic consumers, CNG stations, fertilizers, or the power and cement sectors. The decision follows the Economic Coordination Committee’s (ECC) approval, chaired by Federal Minister for Finance Mohammad Aurangzeb, to generate the necessary revenue for the gas sector in the fiscal year 2024-25. While…

Read More

Shehbaz Orders Rs 7/unit Electricity Tariff Cut to Boost Economy

Admin
power-unit

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Power Division to reduce electricity tariffs by Rs 7 per unit across all consumer categories, including the industrial sector, following consultations with the International Monetary Fund (IMF). An IMF delegation is expected to visit Islamabad next month to finalize discussions. The directive emerged as the Prime Minister expanded the “Tariff Reduction Committee,” now led by Deputy Prime Minister/Foreign Minister Senator Ishaq Dar. The revamped committee includes key figures such as Lt General Muhammad Zafar Iqbal, National Coordinator of the Task Force on…

Read More

World Bank Team Arrives to Advance Power System Stability Plan

Admin
world-bank

ISLAMABAD: A World Bank Support Mission is visiting Pakistan from January 27–28, 2025, to finalize a work plan and outline next steps for the preparation of the Reactive Compensation Devices (STATCOMs) project. This initiative is vital for ensuring system stability and the reliability of north-south bidirectional power flows in the short to medium term, according to sources in the National Transmission and Dispatch Company (NTDC). The mission aims to continue discussions on potential programmatic support for Pakistan’s power transmission infrastructure. The Power Division previously identified four high-priority transmission projects under…

Read More

International Day of Clean Energy

Admin
Energy

Sindh govt implementing several plans to ensure maximum utilisation of clean energy sources to protect environment: Nasir Hussain Shah KarachiThe Sindh government, on the occasion of the UN-declared International Day of Clean Energy, has reaffirmed its utmost resolve to minimise the consumption of fossil fuels for electricity production by increasing reliance on renewable power sources abundantly available in the province.In his message to mark the commemoration of the International Day of Clean Energy on Sunday, the Sindh Energy and Planning & Development Minister Syed Nasir Hussain Shah said the provincial…

Read More

Pakistan seeks Swedish, EU Green fund assistance for EV conversion

Admin
fund

Minister for Power Awais Ahmed Khan Leghari has invited Sweden Green Fund to assist Pakistan’s small vehicles conversion into electric technology by providing technical and financial assistance. The Minister put the proposal in a meeting with Swedish Ambassador Alexandra Berg Von Linde, who called on him in Islamabad today. Elaborating about the proposal for conversion of existing fossil fuel vehicles specially motorcycles, the Minister said that currently there are over 30 million motorcycles in Pakistan. He said the people in that income group are very good in retiring loans. He…

Read More