Energy Archives -

Solar panel, allied equipment manufacturing: Govt decides to identify, plug policy gaps

December 2, 2023December 2, 2023 Admin

ISLAMABAD: An inter-ministerial meeting has decided to convene a meeting with local manufacturers of solar panels, glass, inverters, etc., to identify the policy gaps in Solar Panel and Allied Equipment Manufacturing Policy 2023 and prepare the roadmap for its implementation. The meeting presided over by Joint Secretary (LED), Ministry of Industries and Production was attended by representatives from the Special…

Bids publicly opened for petroleum exploration in 10 onshore blocks

December 1, 2023December 1, 2023 Admin

The Bid Opening Committee under the chairmanship of DGPC publicly opened bids for 10 Onshore Blocks for the grant of Petroleum Exploration Rights on November 30, 2023, at Petroleum House, Islamabad. Bids were received for 6 Blocks. The highest bidder for 2 Blocks is UEP (100%). POL ( 40% – operator) with JV partners PPL (30%) & OGDCL (30%) in…

GCIL to set up coal power plant

November 28, 2023November 28, 2023 Admin

KARACHI: Ghani Chemical Industries Limited (GCIL), a manufacturer of medical and industrial gases and chemicals, said on Monday it will set up a $5-5.5 million coal power plant to reduce its electricity costs and gain a competitive edge. The company in a filing to the Pakistan Stock Exchange (PSX) said that it has decided to set up a 7 megawatt…

KE licence hearing today

November 28, 2023November 28, 2023 Admin

NEPRA frames questions based on comments from industrialists, other stakeholders ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is set to conduct a public hearing on Tuesday to consider a request for the renewal of K-Electric’s (KE) electricity distribution and supplier licence. Nepra has framed 17 questions in response to comments from various stakeholders while KE will present its arguments.…

Pakistan LNG awards tender to OQ Trading

November 28, 2023November 28, 2023 Admin

ISLAMABAD: State-run Pakistan LNG Ltd (PLL) on Monday awarded a contract to OQ Trading —an Oman subsidy — to deliver an LNG cargo in the second week of January at a post-bidding negotiated price of $17.95 per million British thermal unit (mmBtu) to minimise peak winter gas shortage. Earlier, the PLL had received four international bids against its urgent tender.…

Irfan Mirza elected as new WWEA President

November 27, 2023November 27, 2023 Admin

Peter Rae resigns after eight years as President Irfan Mirza elected as new WWEA President Bonn, 27 November 2023 (WWEA) – After heading the World Wind Energy Association for eight years, Peter Rae announced on the occasion of the WWEC2023 in Hobart his resignation as WWEA President. The WWEA Board elected unanimously Dr. Irfan Mirza as new WWEA President. Dr.…

PM reaches UAE, to sign MoUs on investment

November 27, 2023November 27, 2023 Admin

ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Sunday embarked on a bilateral visit to the United Arab Emirates. During the visit on Nov 26-28, the prime minister will meet the President of the UAE Sheikh Mohamed bin Zayed, the PM Office Media Wing said in a press release. “This engagement will provide an opportunity to advance bilateral ties in all…

TAPI project gets special concessions

November 27, 2023November 27, 2023 Admin

ISLAMABAD: The caretaker government is said to have exempted Turkmenistan Afghanistan-Pakistan-India (TAPI) Gas Pipeline project from the Open Access Regime, OGRA Gas (Third Party Access) Rules 2018 and the Pakistan Gas Network Code, besides standard waiver of immunity in line with international precedents to be included in the Host Government Agreement (HGA), sources close to Secretary Petroleum told Business Recorder. These…

OGDCL Organizes “Mindful Miles Walk” to Promote Environmental Conservation

November 27, 2023November 27, 2023 Admin

ISLAMABAD, November 25, 2023: The Oil and Gas Development Company Limited (OGDCL), in alignment with its Health, Diversity & Inclusion (HDI) initiative, on Saturday organized the “Mindful Miles Walk” for its employees, a dynamic and healthy activity aimed at protecting the environment.The event, organized by the OGDCL Sports Board, was inaugurated by Mr. Ahmed Hayat Lak, the Managing Director and…

KE readies IGP for up to 2032-33

November 25, 2023November 25, 2023 Admin

ISLAMABAD: K-Electric has prepared its Indicative Generation Plan (IGP) up to 2032-33 which will be submitted to an appropriate forum for consideration and approval. National Transmission and Despatch Company (NTDC) recently wrote a letter to KE in which data has been sought for IGCEP 2024. In reply to a November 2, 2023 letter of Deputy Manager Director, System Operation, National…