NEPRA awards 10-Year Licence to PPIB to run power auctions in Pakistan

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ISLAMABAD: The National Power Regulatory Authority (NEPRA) has granted a 10-year licence to the Private Power & Infrastructure Board (PPIB) to act as an independent auction administrator (IAA) in the country’s power sector. The licence will allow PPIB to implement a competitive market regime, known as the Competitive Trading Bilateral Contract Market (CTBCM), to procure electricity through transparent and efficient bidding. PPIB will be intended to facilitate state-run ex-Wapad distribution companies (XW-DlSCOs)/Suppliers of Last Resorts (SoLR) in meeting their capacity obligations by procuring new capacity and energy to fulfill their…

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Speakers for removing bottleneck in harnessing hydropower, RE potential in country

hydro-power

Speakers for removing bottleneck in harnessing hydropower, RE potential in country December 20, 2023 Islamabad: Speakers at 3rd International Hydropower Conference while terming the hydropower and renewable energy (RE) crucial for sustainable future of the country on Wednesday stressed the need to remove bottleneck in harnessing the hydropower and RE potential for provision of affordable electricity to the people and industry.The third International Hydropower conference themed “Hydropower: A Renewable Energy Source for a Sustainable Future” was organized by the Energy Update in collaboration with Private Power Infrastructure Board (PPIB) and…

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Pedo earning billions of rupees for KP: adviser

power-tariff

PESHAWAR: Khyber Pakhtunkhwa Caretaker Adviser for Planning & Development, Energy & Power and Minerals Development Dr Syed Sarfaraz Ali Shah has said Pakhtunkhwa Energy Development Organization (Pedo) is a major source of annual income worth billions of rupees. He said that under the supervision of Pedo, work is currently underway on 42 energy projects of transmission lines including hydro and solar power. The completion of these projects would prove to be a game changer for the stability and economic development of the province, he added. While presiding over a meeting…

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