LAHORE: The government’s plan to fully convert coal power plants to 100% Thar lignite has encountered a major hurdle, with the Asian Development Bank (ADB) rejecting the proposal for Jamshoro Power sector news Unit I. ADB, the project’s largest creditor, cited legal agreements allowing only 20% local lignite, with 80% imported coal, as per the original deal. An energy ministry official confirmed that shifting to 100% Thar lignite would breach the existing legal covenants. ADB also raised environmental concerns, highlighting that Thar lignite’s higher emissions could surpass national and international…
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Major Cut in Electricity Prices Unlikely Anytime Soon: Leghari
ISLAMABAD: Power Minister Awais Leghari on Friday signaled ongoing negotiations with independent power producers (IPPs), stating that the nation would soon hear positive developments regarding efforts to gradually reduce electricity prices. However, he cautioned that significant relief should not be expected immediately. Testifying before the Senate Standing Committee on Power, Leghari explained that the task force he leads, established by the prime minister, had completed a review of the power sector. “People will soon receive good news about the IPPs,” he said, promising to update the panel on further details…
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