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Posts tagged ‘power sector’

Poor policies behind power woes: Prime Minister the much important energy sector has put the power sector in shambles

Prime Minister Nawaz Sharif said that poor policies and no attention of the previous governments towards the much important energy sector has put the power sector in shambles. The Prime Minister said this while interacting with senior media persons here on Tuesday. He further said that not only…http://alternativeenergy.com.pk/pakistan-news/poor-policies-behind-power-woes-prime-minister-the-much-important-energy-sector-has-put-the-power-sector-in-shambles/ important energy sector, power sector

Power sector to eat up 90 percent of Rs 240 billion subsidy total subsidy allocation in the current fiscal year

Power sector is budgeted to consume 90 percent of the total subsidy allocation in the current fiscal year with Rs 220 billion to be disbursed on account of inteer-disco tariff differential. The government has allocated Rs 240 billion on account of subsidy with Rs 220 billion earmarked for the…http://alternativeenergy.com.pk/national-news/power-sector-to-eat-up-90-percent-of-rs-240-billion-subsidy-total-subsidy-allocation-in-the-current-fiscal-year/ KESC, PEPCO, power sector

Subsidies worth Rs240b set aside for energy firms and essential commodities like sugar and wheat, commodities

Subsidies alternative renewables energy companies
The government of pakistan has set aside Rs240.4 billion as subsidy for energy companies and essential commodities like sugar and wheat in the budget for 2013-14, but it is unclear whether it will be able to keep itself within the ceiling or…http://alternativeenergy.com.pk/pakistan-news/subsidies-worth-rs240b-set-aside-for-energy-firms-and-essential-commodities-like-sugar-and-wheat-commodities/ Federally Administered Tribal Areas (Fata), power sector, Subsidies energy firms, Subsidies for energy companies, Subsidies renewable energy, Trading Corporation of Pakistan (TCP), US Agency for International Development’s (USAID)

Interim Caretaker Minister for Petroleum and Natural Resources upbeat about country’s future

Caretaker Minister for Petroleum and Natural Resources Sohail Wajahat Hussain Siddiqui on Tuesday said that Pakistan had a bright future because of its huge potential of human and natural resources. “It depends upon us how and when we are able to capitalise these resources for the…http://alternativeenergy.com.pk/national-news/interim-caretaker-minister-for-petroleum-and-natural-resources-upbeat-about-countrys-future/ about country’s future, control loadshedding during, Interim Caretaker Minister, loadshedding, Petroleum and Natural Resources, power sector, Sohail Wajahat Hussain Siddiqui

Circular debt: Power sector liabilities may cross Rs1 trillion by 2014 Barring significant and upfront increases in electricity tariffs,

ISLAMABAD: 
Barring significant and upfront increases in electricity tariffs, the incoming Nawaz administration will face an energy sector debt that is rapidly approaching Rs1 trillion.
According to water and power ministry officials, the existing stock of liabilities in the energy sector is…http://alternativeenergy.com.pk/national-news/circular-debt-power-sector-liabilities-may-cross-rs1-trillion-by-2014-barring-significant-and-upfront-increases-in-electricity-tariffs/ Circular debt, increases electricity tariffs, National Electric Power Regulatory Authority, power sector, roducer Oil and Gas Development Corporation

Release of funds to power sector: interim Prime Minister’s orders ignored Caretaker Prime Minister

Caretaker Prime Minister Mir Hazar Khan Khoso’s directives on the release of funds to the power sector are not being implemented while his administrative directives relating to transfers and postings are being implemented without delay,
The Finance Ministry is yet to implement the Prime…http://alternativeenergy.com.pk/national-news/release-of-funds-to-power-sector-interim-prime-ministers-orders-ignored-caretaker-prime-minister/ Caretaker Prime Minister, Federal Secretary, Finance Ministry, finance secretary and transferred, Former chief secretary of Punjab, interim Prime Minister’s, Interior Ministry, Ministry of Industries, Ministry of Information Technology, power sector, release of funds

Recovery of dues against power sector: PSO urges government to implement ‘agreed’ pricing mechanism Ministry of Petroleum and Natural Resources and PSO

Pakistan State Oil (PSO) has requested the government to implement the pricing mechanism agreed by all the stakeholders to resolve the issue of outstanding dues against power sector. According to reliable sources the pricing mechanism was agreed on March 22 in a high-level meeting chaired by the…http://alternativeenergy.com.pk/national-news/recovery-of-dues-against-power-sector-pso-urges-government-to-implement-agreed-pricing-mechanism-ministry-of-petroleum-and-natural-resources-and-pso/ government to implement, Ministry of Petroleum and Natural Resource, Pakistan Electric Power Company, PEPCO, power sector, pricing mechanism, Private Limited, PSO, Recovery of dues against, Special Secretary Finance

Power subsidy reaches Rs 315 billion: MoF irked by poor recoveries by Discos Finance Ministry to review subsidy releases recovery billed amount by power sector

With power sector subsidy going up to Rs 315 billion, the Finance Ministry has reportedly expressed annoyance over poor recovery by the distribution companies and termed it unsustainable. Sources said that a meeting on circular debt was held on Wednesday at the Finance Ministry to review subsidy…http://alternativeenergy.com.pk/national-news/power-subsidy-reaches-rs-315-billion-mof-irked-by-poor-recoveries-by-discos-finance-ministry-to-review-subsidy-releases-recovery-billed-amount-by-power-sector/ billed amount, Discos Finance Ministry, MoF, power sector, Power subsidy reaches, releases recovery

Power sector sanctioned 75 MMCFD KP gas already discovered gas reservoirs in Khyber Pakhtunkhwa (KP)

The government has dedicated 75 Million Cubic Feet daily (MMCFD) gas to power sector from already discovered gas reservoirs in Khyber Pakhtunkhwa (KP) by settling local issues and connecting it with main pipeline on emergency basis, it is learnt. According to reliable sources in the Petroleum…http://alternativeenergy.com.pk/national-news/power-sector-sanctioned-75-mmcfd-kp-gas-already-discovered-gas-reservoirs-in-khyber-pakhtunkhwa-kp/ gas reservoirs, Khyber-Pakhtunkhwa (KP), KP gas, MMCFD, OGDCL, Oil and Gas Development Company Limited’s, power sector

Rs 10 billion released to PSO: government dedicates 150 mmcfd extra gas to power sector Independent Power Producers (IPPs)

The government has dedicated 150 mmcfd additional gas to power sector, and released Rs 10 billion to Pakistan State Oil (PSO) for purchase of furnace oil, it is learnt. Sources told Business Recorder on Monday that to ensure no loadshedding during the general elections the government released…http://alternativeenergy.com.pk/national-news/rs-10-billion-released-to-pso-government-dedicates-150-mmcfd-extra-gas-to-power-sector-independent-power-producers-ipps/ fertiliser plants, Independent Power Producers (IPPs), No loadshedding, OGDCL, Oil and Gas Development Company Limited, Pakistan Petroleum Limited (PPL), Pakistan State Oil (PSO), power sector, SNGPL, SSGC, Sui Northern Gas Pipelines Limited, Sui Southern Gas Company Limited

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