The FO ‘imbroglio’
LNG has become expensive exceeding USD 15.0/mmBtu and price scenario remains uncertain for the coming winter. Furnace Oil (FO), which was almost replaced by LNG, has become cheaper and seems…
Circular debt — I
Circular debt issue is getting more serious by the day. Worse has yet to come with the installation of new capacity while demand continues to stagnate. There are projections that…
Inflated electricity bills
For a good 68 percent of the population that has access to electricity in Pakistan, the monthly electricity bill has been full of surprises. They find it difficult to comprehend…
Power sector
Nepra (National Electric Power Regulatory Authority) has just released its State of Industry Report for 2020-21. This is a report of outstanding quality which has been produced annually since 2006.…
CPEC and CPEC Authority
The Pakistan-China Relations Steering Committee in its meeting, held early this week under its Chairman Asad Umar, has set a one-month deadline for the Power Division to devise a policy…
Contingent liabilities
Finance Minister Shaukat Tarin in his budget speech stated that “although losses of PIA and Steel Mills have been reduced through better management, they still need financial support from the…
Load-shedding adds to summer heat’s intensity
For several days, the whole country suffered a massive breakdown of electricity amidst unprecedented heat crossing 45 deg. C. In some localities, claims are that the load-shedding has been for…
The power sector tariff dilemma
The biggest economic headache this government inherited in 2018 was energy circular debt, which has only exacerbated since. At Rs2.3 trillion, it has doubled since PTI came to power. If…
Delays in resolution of power sector issues – bad signals for future investment
Delays in the resolution of the lingering deadlock between K-Electric and the Federal Government over the company’s receivables and payables is jeopardizing future investment in the company’s infrastructure in addition…
Power market
NEPRA has recently issued its determination on the applicability of Open Access (OA) charges applicable on OA consumers and has rejected the petition of CPPAG in this respect connected with…
