First phase of Quaid e Azam Solar Park complete
The first phase of the Quaid e Azam Solar Power Park located in Cholistan Desert Punjab is complete. There are 400,000 solar panels installed in the park which are spread over 200 hectares of land. The solar park is being made in collaboration with the Chinese government, and the... Read more
Petroleum Ministry to set LNG quota
During an Economic Coordination Committee meeting, the Ministry of Petroleum and Natural Resources was given the authority to set LNG quota for consumers like the power plants. The quota had been previously been set by the Cabinet Committee on Energy and the Economic Coordination Committee. The Cabinet Committee on... Read more
MOU signed between Russian and Pakistani oil company
A Memorandum of Understanding, MoU, has been signed between Russia’s JGC Rosgeologia petroleum company and Khyber Pakhtunkhwa Oil and Gas Company Ltd to explore and develop oil installations in Pakistan. This is a long term agreement, and under the agreement Rosgeologia will provide technical planning and execution, and arrangement... Read more
Energy crisis not to be resolved anytime soon
The major energy companies are operating without top management officers which is hindering progress to solve the energy crisis. OGDC, PSO, and Sui Northern Gas Pipeline don’t have managing directors which is becoming a problem to tackle the energy crisis says petroleum minister Shahid Abbasi. Due to various reasons,... Read more
PESCO setting up theft resistant cables
PESCO, Peshawar Electric Supply Company, has started replacing power cables with aerial bundled cables which are theft resistant. The cables have already been installed in Multan, and have been successful in preventing electricity theft and electrocution. The power cables currently being used aren’t properly insulated which enable people to... Read more
Increase in K-Electric’s tariff affects majority of consumers
K-Electric, on recommendation by the Ministry of Water and Power, has increased the tariff rate for its consumers. The Ministry had passed a regulation in mid-July, in accordance with IMF’s condition, to increase the tariff. The condition states that the government should withdraw any power subsidies it is offering... Read more
Asian Development Bank may finance smart meters
During a meeting between Federal Water and Power minister, Khawaja Asif, and Asian Development Bank delegation, it was proposed that if the Asian Development Bank, ADB, can finance smart meters installation in Pakistan. The ADB is already financing Jamshoro coal plant project and is considering financing the second unit... Read more
NEPRA approves Net Metering regulation
NEPRA, National Electric Power Regulatory Authority, has approved net metering through the Net Metering Regulations 2015 act. This is good news for solar customers as it mainly benefits them. Net metering has also been approved for customers who have set up wind mills. In order to take advantage of... Read more
Government increases Gas and Petroleum taxes
The government has increased the tax rate of natural gas and petroleum products with effect from 1st September. The government is about to request IMF for disbursement of $506 million tranche, therefore it had to increase the tax rates in order to fulfill IMF’s demand before it can request... Read more
Jamshoro power plant completion delayed due to financial issues
Work on the coal based Jamshoro power plant has been delayed due to financial reasons. The 1,320 megawatt coal plant was to be completed in two stages. The first stage was to complete in 2018 and generate 660 megawatts of electricity, while the second stage was to complete in... Read more