Government incentives for 5% wind energy target of total power generation by year 2030
Karachi, The government under development of renewable energy for power generation policy has given incentives for 5% wind energy target of total generation in the country by year 2030 with guarantee to purchase, attractive tariff, indexed to [...]
Pakistan faces severe energy crisis, with around 6000MW deficit in system in peak summer
Islamabad, Pakistan is facing severe energy crisis with around 6000MW deficit in the system during peak summer season, says Water and Power Minister Syed Naveed Qamar.
Speaking at second Pak-China Joint Energy Working Group’s meeting here [...]
Developing solar energy sector to help in cutting load-shedding
Karachi, Pakistan has a potential alternate energy market as the people here need solar energy systems because of the high cost of diesel and petrol. With progress in solar energy sector electricity load-shedding could also be minimized, said [...]
Finance Minister says “tough decisions will have to be taken to overcome energy crisis”
Lahore, Federal Finance Minister, Dr Abdul Hafeez Sheikh says “tough decisions will have to be taken in order to overcome the energy crisis faced by the country.”
“Boldness and courage is required to take such decisions. We [...]
Lucky Cement intends to sell 20MW electricity to PESCO
Islamabad, Lucky Cement Limited, Pakistan’s largest cement producer, having cement plants in Karachi and Darra Pezu, Khyber Pakhtunkhwa (KPK), intends to sell additional electricity to power supply companies of KPK Province through its [...]
Pakistan K-30 gas exploration well deliver around 30 MMscfd by end second quarter 2012
Karachi, The K-30 exploration well (Premier Oil equity 15.79%) in Pakistan, which spudded on 15 January 2012 on the Kadanwari block, has been successful. It tested gas with a flow rate of 52 MMscfd through a 60/64 inch choke. The operator plans [...]
Iran 70MW electricity supply to Makran in Balochistan starts
Islamabad, The supply of 70 megawatts electricity from Iran to Makran division in Balochistan province has started.
Water & Power Minister Syed Naveed Qamar said that it would not only fulfill requirements of the area for next five years [...]
UAE expressed keen interest to invest in various sectors of Pakistan
Abu Dhabi, United Arab Emirates has expressed keen interest to invest in various sectors of Pakistan particularly renewable energy.
This was stated by UAE Foreign Minister Sheikh Abdullah bin Zayed Al Nayhan while co-chairing Pak-UAE Joint [...]
Wind power and solar energy in Pakistan
Karachi, Pakistan’s geography is most conducive to exploitation of solar energy as it is 6th most fortunate country in the world in terms of solar irradiance and where sunshine availability is 8-10 hours per day over much of the plans [...]
Government working to reduce electricity demand, supply gap
Karachi, Government intends to do debt swap with Independent Power Producers IPPs soon so that they have more space to operate and also attempt to change business by bringing in private sector through hiring IPPs with efficiency at bottom [...]
