Govt approves termination of power deals with five IPPs

This decision is expected to save Rs60 billion annually for consumers, and Rs 411 billion for the national kitty; PM terms it the beginning of a larger process

Hubco, Lalpir call emergency meetings as govt moves to terminate IPPs agreements

Energy sector faces uncertainty as IPPs consider government’s early termination proposal
IPPs

Four IPPs initiate termination of power deals 

Consumers can see up to Rs7/unit reduction in tariffs after successful renegotiations of deals, says Power Minister 

UAE’s Adnoc-backed company seeks to invest in LNG import terminals in Pakistan

There is a lot of potential in India, Bangladesh, Pakistan and the Philippines, says CEO VTTI BV
ntdc

Rs352bn investment plan approved for NTDC’s transmission system upgrade

Three-year investment plan targets infrastructure upgrades, loss reduction, and capacity enhancement across key grid stations

Govt summons six IPPs owners for questioning over alleged undue profits

Prime Minister-led probe pressures power producers to renegotiate contracts amid rising energy costs

Task force formed to prepare plan for $8bn CPEC energy debt reprofiling 

Joint team of Pakistani and Chinese experts to draft initial plan for debt restructuring under which the repayment could be extended for five years 

NEPRA flags Rs596 billion in losses due to Discos’ inefficiencies 

Transmission and distribution losses rise to 18.31% in FY24, resulting in Rs276 billion addition to the circular debt

K-Electric seeks Nepra nod to extend lifespan of Bin Qasim power units

Power utility aims to keep units operational until new coal plant launches in 2027

Task force formed to implement structural reforms in power sector

Initiative aims to reduce the financial burden on the federal government and establish an efficient, self-sustaining competitive power market

Nepra approves Rs6.690 billion negative adjustment for K-Electric

Quarterly Adjustment for April-June 2023 to be included in new multi-year tariff

Pakistan eyes Kyrgyzstan coal imports for power generation

Exploring energy cooperation as interim solution until Thar coal transition

Power Division targets 23 key issues in generation, transmission, and distribution for reforms

Plans to present an overview of its strategy to the Senate Standing Committee on Power on August 6, 2024

NEPRA Asaan Approach mobile app on the cards to facilitate consumers

App will enable users to register complaints related to electricity issues in the minimum possible time

Is the govt about to let go of its control on petrol prices?

The PM claims he is about to deregulate petrol prices. The govt was barely in control anyways