The Pakistani government has assured the International Monetary Fund (IMF) of its commitment that there would be no new fuel subsidies or cross-subsidy schemes. According to a news report, the circular debt (CD) stock, a longstanding issue in Pakistan’s energy sector, stabilized in late 2023 and early 2024 attributed to efforts to align energy tariffs…
The Private Power and Infrastructure Board (PPIB) announced that the completion of KE’s 220 kV Dhabeji Grid Station and the NTDC transmission line will alleviate power curtailment issues faced by existing wind projects. Wind Independent Power Producers (WIPPs) highlighted to the government that operational wind projects have been experiencing increasing curtailments, primarily due to low…
A study has suggested to conduct due diligence of plans to build dams while keeping in view of the alternate resources of generating electricity to avoid issues of displacement of local communities. According to press release, the event, organized jointly by ZiZAK, a private consultancy firm headed by Dr Abbas, and Policy Research Institute for…
Chinese government and Independent Power Plants (IPPs) working under CPEC have refused to accept amended revolving account amid rising circular debt. Overdues of CPEC IPPs have exceeded Rs 500 billion, posing a significant obstacle to achieving financial closure for the 1124 MW Kohala and 700 MW Azad Pattan Hydro Power Projects. The power division informed…
ISLAMABAD: The three-day Pakistan Sustainability Week (PSW), country’s biggest and only dedicated alternative energy exhibition, alongside Solar Pakistan – 15th International Renewable Energy Exhibition and Conference – organized by Fakt Exhibitions (Pvt.) Ltd., Pakistan’s leading exhibitions organizing company, on Saturday successfully concluded at the Pak-China Friendship Centre in Islamabad. The flagship alternative energy exhibition continued…
The Pakistan Petroleum Dealers Association (PPDA) said on Sunday that oil price liberalisation will lead to the full monopoly of a foreign company on lifeline energy resources. It is not in the national interest to frame policies that will lead to full control of an influential foreign oil corporation over Pakistan’s fragile oil market, it…