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CTBCM: Will it promote competition?

Competitive wholesale and retail markets are aimed at encouraging power supplies and investments and bring prices down. National Electric Power Authority (Nepra) has approved CTBCM-Competitive Trading Bilateral Contract Market. In…

CTBCM: a possibility or a pipe dream?

The electric power sector of Pakistan has been plagued by multiple issues since the late 90s entailing both availability and affordability of energy for sustainable development in Pakistan. The recent…

Envisioning Karachi’s energy future

Karachi is seeing a surging energy demand due to its rapid expansion. Diverse industries and commercial activities serve as major employment hubs and propel the national economy and attract job…

Privatising Discos: tread with caution

On 13th July 2023, IMF’s Executive Board while approving US$3 billion Stand-by Arrangement (SBA) for Pakistan emphasised adherence to fiscal discipline, progress in energy sector’s structural reforms and better SOEs’…

No more business as usual—II

Known solutions to our problems start with merit-based governance and justice system adhering to our Constitution. Structural changes need to be made to existing layers of governance of local governments,…

Power sector controversy: take-or-pay contracts

Energy prices have increased tremendously which has created controversy and unrest in the country. IPP contracts are under great debate. Many people argue that these are unfair and unjust. Take-or-pay…

This crisis is a moment; Part – III

The current business-as-usual model continues to delay deregulation by repeated extensions, issuance of new/amended refinery policies. It will one day improve competitiveness, reduce demurrages and build our strategic and commercial…

The power sector woes

Presently, the power sector has become an existential threat for Pakistan. The situation has been further exacerbated by the falling rupee and the ever-strengthening dollar. We have ended-up with spare…

Power plant retirement policy

There are plans to retire 19 power plants of an aggregate capacity of 7339 MW as per IGCEP (Integrated Generation Capacity Expansion Plan) in the period 2021-2031. Due to the…

The fast-track solar paradox

Three months ago, in a major attempt to generate affordable electricity, the new government unveiled its policy for fast-track development of solar photovoltaics (PV) projects at an investors’ conference with…