Global Electricity Review 2025
<p>In a world of higher electricity demand growth, clean electricity is stepping up to the challenge. Spearheaded by exponential solar expansion, clean power is set to grow faster than demand, marking
Pakistan
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Oil field lease period extended to 30 years: new petroleum policy announced
The government will give 10 percent deemed duty to the oil refineries, placing upper cap at 80 dollars and lower cap of 50 dollars per barrel of crude oil in revised formula to upgrade the petroleum products meeting international standards. Advisor to Prime Minister on Petroleum and Natural Resources Dr Asim Hussain confirmed during a press conference here on Thursday.
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Germany to help Pakistan in achieving MDGs
Visiting German Minister for Economic Cooperation and Development, Heidemaire Wiegoreak Zeul said here on Friday that her country would extend all possible help to Pakistan achieve its Millennium Development Goals (MDGs) and combat confronting energy crisis.
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Integrated Energy Plan ignores IMF advice
The plan, expected to be approved by Prime Minister Yousuf Raza Gilani soon, contains several suggestions contrary to government policies, like allowing import of second-hand refineries and offering them a tax holiday.
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KESC has failed to improve power situation: minister
The Karachi Electric Supply Company (KESC) has failed to improve the power situation in the metropolis since its privatisation. To meet the immediate need of power for Karachi the company should install "barge mounted power plants", which can be secured and inducted in the grid system without any serious difficulty.
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Federal cabinet approves Pak-Iran gas pipeline project
The federal cabinet has approved the Pakistan-Iran gas pipeline project under which Pakistan will import a billion cubic feet of gas for power generation in the country.
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Small scale energy projects: Nepra makes cut in license fee
National Electric Power Authority (Nepra) has announced simplification of license procedures and a major cut in the license fee for small scale renewable energy projects. Private investors intending to set up renewable energy projects with power generation capacity of 500KW would now be required to pay Rs 24,000 while applying for generation licence.
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Energy sector: new petroleum policy to bring positive changes
New petroleum policy would help bring positive changes in the energy sector, enabling the country to meet the growing demand of oil and gas by achieving autarky in this sector, renowned expert on energy, Dr Gulfaraz Ahmed said on Thursday.
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Major cut in licence fee for power projects
The National Electric Power Authority (Nepra) has announced simplification of licencing procedures and a major cut in the licence fee for small scale renewable energy projects.
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Iraqi companies urged to form joint ventures with PPL and OGDCL
Pakistan has urged Iraqi oil and gas exploration companies to enter into joint ventures with Pakistan Petroleum Limited (PPL) and the Oil and Gas Development Company Limited (OGDCL) to explore oil and gas reserves in this country.
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Chinese companies keen to invest in hydel, wind power generation
Federal Minister for Water and Power, Raja Pervez Ashraf has said that the government would facilitate and provide investor friendly environment to the Chinese companies in Pakistan. He said that the Chinese interest to invest in the hydel and wind power generation projects would help meet countrys future power requirements at affordable prices.