Tag: energy sector

Lost in transmission

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Power-sector

Pakistan’s power transmission system serves as the backbone of the electricity sector, facilitating the transfer of electricity from power generation plants to consumers across the country. However, despite significant investments in generation capacity, the transmission network remains outdated, inefficient and increasingly strained, preventing the effective delivery of electricity where it is needed the most. The country has invested heavily in expanding power generation, particularly in coal, nuclear and renewable energy projects, but the benefits of this expansion remain unrealised due to severe transmission bottlenecks. The National Transmission & Despatch Company…

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China, Pakistan strengthen renewable energy ties with strategic accord

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Pakistan-China

ISLAMABAD  –  A strategic cooperation agreement to enhance clean energy collaboration was signed between Mingyang Smart Energy Group Co, Ltd, China and the Energy Department of Sindh, Pakistan, China Economic Net (CEN) reported on Tuesday. Under the agreement, Mingyang Smart Energy will construct a 350MW wind-solar integrated power storage project and a 75MW wind power project in Sindh. These projects are expected to be completed and operational within three years. The signing ceremony was witnessed by President Asif Ali Zardari and Zhang Qiying, President of Global Business Line and CTO…

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Pakistan urges global support for its $100 billion energy transition at World Governments Summit in UAE

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$100 billion energy transition

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday called for global support to meet Pakistan’s $100 billion energy transition needs as he addressed participants at the World Governments Summit (WGS) in the United Arab Emirates (UAE).The summit, being held in Dubai on Feb. 11-13 under the theme ‘Shaping Future Governments’, brings together a large number of heads of state/government, global policymakers, and leading private sector figures to discuss the future of governance, innovation and international cooperation.Addressing the summit on Tuesday, the Pakistani prime minister urging stronger climate financing, technology sharing from…

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Captive power plants: No significant progress made in talks with IMF: official

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Power-Plants

ISLAMABAD: Dr Fakhre Alam Irfan, Secretary of the Power Division, has revealed that no significant progress has been made in talks with the International Monetary Fund (IMF) regarding an extension for the closure of Captive Power Plants (CPPs), pledged to be disconnected by January 31, 2025. In response to questions about the proposed disconnection of CPPs from the natural gas system, Dr. Irfan explained that the Federal Cabinet had made this decision in 2021. However, for various reasons, the decision has yet to be implemented, although for the ongoing programme…

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NEPRA reserves decision on KE’s PKR247 million fuel cost relief proposal for September

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Power Division

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) held a public hearing on October 31, 2024, to review a petition by K-Electric (KE) for a provisional monthly fuel charge adjustment (FCA) for September 2024. If approved, the requested adjustment would provide an anticipated relief of PKR 247 million, which translates to a reduction of PKR 0.16 per unit for consumers in KE’s service area. Fuel charge adjustments, such as this one, reflect the varying global fuel prices used for electricity generation and changes in the generation mix. These adjustments are…

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