Crisis Archives - Energy Update

Worst Crisis Fears In Power Sector Owing To Shortage Of Foreign Exchange

April 15, 2023April 15, 2023 Admin

The power sector of Pakistan is facing a looming crisis due to a shortage of foreign exchange, as Independent Power Producers (IPPs) are at risk of shutting down their power plants due to non-payment of approximately $710 million. IPPs have written letters to the federal government, highlighting their outstanding payment issues and warning of severe financial loss if their concerns are not addressed.

Gas Crisis Intensifies in Karachi During Ramadan

March 29, 2023March 29, 2023 Admin

Gas emergency has escalated in Karachi during Ramazan month after the danger of power loadshedding. As per reports, a few areas of Karachi are confronting low gas pressure issues and others denied of gas supply during Ramazan. The gas emergency was strengthened after a specialized shortcoming created at Sawan gas field, bringing about a drop of gas supply of 44 mmcfd.