A spokesperson of the Ministry of Energy has rejected claims of load shedding of electricity in the country. He has strongly rebutted news items punished in a section of media on the subject “8000mw–shortfall shows no signs of abating”, has termed the story and figures reported as totally wrong and against the available accurate data….
Islamabad: The power rates in Pakistan go up further by Rs 2.97 per unit on account of quarterly adjustments of power distribution companies. This includes quarterly power rates worth Rs 1.72 per unit and Rs 1.25 per unit which consumers in Pakistan will have to pay. However, the national electric power regulatory authority–Nepra–said that the…
National Power Control Center (NPCC) has informed Members of the National Assembly including ex-PM Mr. Shahid Khaqan Abbasi that the current maximum transmission capacity is about 24,500 to 25,000 MW. Earlier, this capacity during PPP government was 17000 MW. NPCC has successfully transmitted 23,795 MW with the stable system, however, the current maximum capacity is…
Aftab Ahmed Islamabad: The Cabinet Committee on Energy (CCoE) on Thursday approved mergers of the Alternative Energy Development Board (AEDB) and Private Power and Infrastructure Board (PPIB). Cabinet body met on Thursday to consider the proposal of merging Alternative Energy Development Board and PPIB for ease of doing energy business. The government had worked out…
Aftab Ahmed Islamabad: The government has nominated Naveed Ismail to represent on the Board of directors of K-Electric. K Electric is a utility company that operates in Karachi and has a board of directors to look into policy matters of K-electric. He is currently holding charge of Chairman National Transmission and Despatch Company (NTDC). The Government…
Aftab Ahmed Islamabad: National Electric Power Regulatory Authority (Nepra) has taken action against massive electricity load shedding and directed Chief Executive Officers (CEOs) of all power distribution companies (Discos), including KE, to appear on Friday. The summer season has approached, resulting in excessive electricity load shedding across the country. The regulator has taken robust notice of…
National Electric Power Regulatory Authority has issued a decision on Friday allowing K-Electric (KE) to increase tariff on account of fuel adjustment. According to statement, the regulator has issued decision relating fuel adjustment for June 2020 to December 2020 in the matter of K-Electric. The regulator has allowed increase in tariff for four months. However,…
Aftab Ahmed The Economic Coordination Committee (ECC) has directed Power Division to sign the Power Purchase Agreement (PPA) with K-Electric (KE). The power purchase agreement will enable the KE to settle the payable disputes and finalize an acquisition deal with a Chinese firm. The ECC has directed to complete actions by May 31, 2021, in…
Aftab Ahmed Islamabad: Circular debt in Pakistan that has jumped up 66.8 percent during the present government of PTI due to failure of handling affairs of energy companies. There have been changes in ministry of energy as there are new faces now to put the house in order. However, circular debt continues rising in Pakistan….
Aftab Ahmed Islamabad: The Economic Coordination Committee (ECC) on Friday okayed the signing of a KE-SSGC arbitration deal for the acquisition of the latter by the Chinese firm. The ECC also accorded approval for settlement of issues out of past transactions through Arbitration. The Federal Minister for Energy informed the Committee that new PPA would…