Latest News for: Karachi energy

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Liberty Power confident its $125m bet on power sector will reap reward

Dawn 07 Apr 2024
KARACHI. Liberty Power Holding, which this week signed a deal to buy the thermal energy assets of the country’s largest conglomerate for $125 million, is banking on its coal reserves and reforms laid out by the IMF for its investment to pay off.
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Govt to electrify small isolated villages with solar power: CM

The News International 06 Apr 2024
The energy minister said that the feasibility studies of the Manjhand and Karachi sites have been completed ... The meeting was also attended by Karachi Mayor Murtaza Wahab, Principal Secretary to CM Agha ...
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K-Electric forecasts cost reduction with 640MW renewable energy boost

The News International 05 Apr 2024
Alternative energy projects will be installed in Hub, Othal, Bela, and Sarjani Town in Karachi.About the quantum of investment, Alvi explained that these projects would attract $400-500 million, for ...
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Engro signs SPA to sell energy assets worth Rs34.7bn

Dawn 05 Apr 2024
KARACHI. Engro Energy Ltd (EEL), a wholly owned subsidiary of Engro Corporation Ltd, has entered into a share purchase agreement (SPA) with Liberty Power Holding (Pvt) Ltd and a consortium to sell its thermal energy assets portfolio.
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Engro Energy strikes Rs34.75 billion deal, offloads thermal power to Liberty consortium

The News International 04 Apr 2024
Karachi ... The group has continued to achieve significant milestones in the energy sector, includingunearthing Thar coal and subsequent Mine expansions under SECMC, and setting up two 330 MW EPTL power plants.
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Three refineries set to ink upgrade deals under new policy

The News International 04 Apr 2024
A representational image shows Total Energies employees walking in the Donges oil refinery in Donges, on September 8, 2023 ... KARACHI ... "Pursuant to the Cabinet Committee on Energy's decision and the legal opinion of M/s.
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A lingering curse

Dawn 29 Mar 2024
THIS refers to the article “Circular debt’s curse” (B&F, Feb 26) which has rightly underscored the dire consequences of the government’s failure to implement substantial reforms in the energy value chain over the last decade ... Karachi.
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45 wind, solar energy projects awaiting approval under competitive bidding, CM told

The News International 22 Mar 2024
The CM told the meeting that a consensus had been reached with all the stakeholders for conducting competitive bidding among the LoI holders for setting up wind energy projects for producing clean electricity for Karachi Electric.
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Govt plans PMU for upgrades amid refineries pushback

The News International 21 Mar 2024
A representational image shows Total Energies employees walking in the Donges oil refinery in Donges, on September 8, 2023 ... KARACHI ... "Pursuant to the Cabinet Committee on Energy (CCOE) decision, a PMU ...
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Refinery accord nears finish; PARCO board to seal fate

The News International 19 Mar 2024
A representational image shows Total Energies employees walking in the Donges oil refinery in Donges, on September 8, 2023 ... KARACHI ... These directions were issued at a meeting on the energy sector, presided over by the Prime Minister.
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Revisiting taxation strategies

Dawn 18 Mar 2024
... retailers, already braving dwindling demand amidst high inflation and low economic growth, rise in energy prices and multiplicity of taxes, and growing street crimes in Karachi — the hub of trading.
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AKU to install 3.3MW solar system as part of its de-carbonisation plan

The News International 17 Mar 2024
For commencement of the project, a signing ceremony was recently held with Exide Pakistan Limited that would be executing the project at the AKU’s Stadium Road Campus in Karachi, Pakistan.
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MQM-P MNAs demand end to gas outage during Sehri and Iftar

The News International 14 Mar 2024
... North Karachi, Surjani Town and Orangi Town ... They added that the institutions tasked with energy provision were exacerbating the plight of the Karachiities by burdening them with hefty bills.
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LACK OF INTEGRITY

Dawn 14 Mar 2024
Karachi ... This not only costs them more than necessary, but also wastes time and energy. Between 2002 and 2005, the Urban Transport Service (UTS) was introduced in Karachi, and one of its various ... Karachi.
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Govt sets timelines for energy projects, including Iran-Pipeline oversight

The News International 14 Mar 2024
KARACHI ... To promote solar energy, the Power Division has been given one month to resolve net metering issues. The government has also called for a report on the status of Energy Conservation Standards for home appliances within three days.

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