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Old May 16th, 2019, 11:44 PM   #5281
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‏3 سال میں پاکستان ہائیڈرو پاور میں2487 اضافہ کرنیوالے ملکوں میں تیسرے نمبر پر آگیا ہے ۲۰۱۳ میں جس ملک میں اندھیرے چھائے ہوئے تھے آج اس میں اضافی اور سستی بجلی پیداہو رہی ہے


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Old May 17th, 2019, 08:33 PM   #5282
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Special Assistant to Prime Minister on Petroleum Nadeem Babar has said that the government is preparing a new energy exploration and production policy.

Talking to Danish Ambassador Rolf Michael in Islamabad on Friday, he said the new policy, which contains seven major amendments, would be tabled before the cabinet by August this year for approval.

He said mega refineries would be installed with the cooperation of Saudi Arabia and the UAE, adding that the refineries would not only help the country meet its local demand and but would also facilitate Pakistan’s exports to regional markets.

He said many foreign companies have shown interest in laying transmission pipelines like the Russian consortium, Chinese consortium and Pakistan’s Sui companies.
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Old May 17th, 2019, 08:35 PM   #5283
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ISLAMABAD: Prime Minister Imran Khan said on Friday that the federal government would extend all-out assistance to ensure the success of Thar coal power project, as it was a work of national interest.

In a meeting regarding the exploration and utilisation of Thar coal, the prime minister said that the project would help address the energy needs of the country.

The meeting was attended by Power Minister Omar Ayub Khan, Commerce Advisor Abdul Razzaq Dawood, Special Assistant to PM on Petroleum Nadeem Babar, SAPM on Information Dr Firdous Ashiq Awan, Spokesperson to PM Nadeem Afzal Chan, SAPM on Media Affairs Yousuf Baig Mirza, Power Secretary Irfan Ali, HUBCO CEO Khalid Mansoor, Thal Nova Power CEO Saleemullah Memon and PPIB Managing Director Shah Jahan Mirza.

During the briefing, the prime minister was apprised that Thar Coal Field was the seventh largest coal reserve in the world with a capacity to produce 100,000MW of power for the next 200 years. It was told that Thar coal reserves of 175 billion tonnes had the power production capacity equivalent to 50 billion tonnes oil and 2,000 trillion cusec feet gas.

The PM was told that work on the first phase of the second Thar coal block had been completed and work on the second phase was in progress.

Utilising the Thar coal, power units were being installed in different phases to cope with the country’s power needs. The meeting was told that block-2 of Thar Coal would start producing 5,000MW power by 2025 till the next 50 years.

The prime minister was also briefed on a mining project by Sindh Engro Coal Mining Company. He was also apprised about the social welfare projects by Thar Foundation in the fields of education, health, vocational training and tree plantation.

The prime minister said Thar coal was a precious natural asset that had been ignored in the past. On the request from different companies for the federal government’s assistance regarding transportation, water supply and power transmission lines, the prime minister assured all-out cooperation from the federal government.
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Old May 18th, 2019, 09:16 PM   #5284
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Kekra-1 well in deep sea: Hopes fade as no oil, gas reservoir found; drilling halted

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Kekra-1 well in deep sea: Hopes fade as no oil, gas reservoir found; drilling halted

KARACHI: Special Assistant to Prime Minister Imran Khan on Petroleum Nadeem Babar has said that drilling at Kekra-1 well in deep sea near Karachi has been stopped after no gas and oil reservoirs could be found.

Talking to Geo News here Saturday, Nadeem Babar said after reaching at the depth of 5,500 metres in deep sea at Kekra-1 in G-bloc, ENI, the operator, the drilling was stopped after gas and oil reservoirs could not be found there.
Summarized by smmry.com
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Old May 18th, 2019, 11:28 PM   #5285
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Lo g kahani khatam shudd...truck ki baatti bhi off..but we pakistanis will find another way to rise high in future inshallah.
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Old May 19th, 2019, 12:41 PM   #5286
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Quote:
Originally Posted by roxen View Post

Lo g kahani khatam shudd...truck ki baatti bhi off..but we pakistanis will find another way to rise high in future inshallah.
It's not the end of the world. Some other consortium would come back with another $100 million investment 10-20 years down the line thinking they now have the right technology to make the wells viable.

Remember, PARCO was here drilling in the same wells in 2004 with tens of millions of dollars of investment and also had to pack up because of similar issues. That didn't stop EXXON from thinking they could do better and find something viable.

With advancements made in the exploration technologies and drilling processes, and as other wells dry up, someone would be be back to tackle this again. The only problem would be if it would be too late by that time because of the increased focus towards renewable sources vs. fossil fuel.
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Old May 20th, 2019, 11:25 PM   #5287
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#Pakistan to have surplus energy within 3 years, will be able to work on other developmental projects: Chairman #PowerChina

Pakistan is likely to become an energy sufficient country in coming three years. This was stated by Chairman, PowerChina Resources Limited and Port Qasim Coal-Fired Power Plant, Sheng Yuming while talking to journalists

He added that once all the electricity projects under #China Pakistan Economic Corridor (#CPEC) starts injecting power, Pakistan will be in position to work on other developmental projects and economic growth. Sheng Yuming said that “this is how China started its way to progress and development”.

Replying a question, he said that after the success of Port Qasim Power-Plant, now the company is looking into other investment opportunities in power sector. He added that PowerChina Resources Company will explore future investment in Industrial Parks, Hydel Power, Wind Power, Solar and other sectors. Port Qasim power plant was the first power project under CPEC.

Briefing the media, he said that two projects of Port Qasim Power Plant with capacity of 2×660 MW exceeded 10 billion kWh electricity generation.
The construction of the project officially started on May 21, 2015 and the understanding of the project was signed between Pakistan and China in 2015, on the occasion of President Xi’s visit to Pakistan.

Responding to a question about the impact of Pakistani rupee devaluation over Port Qasim Plant operations, he stated that despite the rupee depreciation, the plant did not transfer the load of losses to Pakistani consumers as per the terms of coal imports.

Talking about debt faced by Pakistan, Mr. Sheng said that the circular debt is a major problem which is also impacting PowerChina now and working closely with the NTDC and CPPA as circular debt is throbbing the company too. He said that around US$ 150 million areas of Port Qasim Power Plant with the CPPA. “We need our overdue payments to ensure our operations are not affected. Hope things would soon settle down amicably,” he added.

Chainman PowerChina said that the company over the past years has paid US$ 240 Mln to government of Pakistan in terms of duties and taxes that helped Pakistan to strengthen its economy.

Company CEO Mr Guo Guangling, on the occasion said that at PowerChina had hired 4000 Pakistani youth to the plant construction. He added training and human development is also a goal of the company.

Replying the query of the correspondent, about environment protection measures, Vice President Mr Sun Shuhua said that PowerChina had adopted best international standards and most modern technology to ensure generation of clean and green energy as “shared responsibility. He added that there are normally two impacts of coal power i.e. impact in air, and in water. We are currently using supercritical technology which is the most advance technology in the world to ensure clean energy.

We also cater to China’s environment standard which is again the highest in the world,” he said and added that PowerChina had invested a huge amount to ensure clean energy.
He said that the company invested USD$ 500 million in mangroves trees near the plant with 1/5 ratio on site to ensure the protection of environment and make it green
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Old May 22nd, 2019, 02:53 PM   #5288
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Oil import bill soars to $11.9 billion in ten months
Country’s overall imports decreased by 7.88 percent to $45.47 billion in July-April period of the year 2018-19 as compared to $49.36 billion in same period of previous year

Pakistan’s oil import bill has gone up by 4 percent to $11.9 billion during ten months (July to April) of the current fiscal year.

The country’s oil import bill was recorded at $11.9 billion in July to April period of the year 2018-19 as compared to $11.4 billion in the corresponding period of the previous year, showing an increase of 4.01 percent. According to data from the Pakistan Bureau of Statistics (PBS), the import of petroleum products was recorded at $5.1 billion, petroleum crude at $3.8 billion and natural gas liquefied at $2.72 billion and petroleum gas liquefied at $222 million.

https://nation.com.pk/21-May-2019/oi...-in-ten-months
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Old May 22nd, 2019, 03:09 PM   #5289
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Drilling results at Kekra-I show good reservoir but water wet: PD
Current depth is 5,634 meters and another 55 meters will be drilled More than $100m has been spent on the well operation

Petroleum Division (PD) of the Energy Ministry Sunday said the results of four-month offshore drilling at Indus G-Block called Kekra-I, some 230-km off the Karachi coast, had shown good quality hydrocarbon reservoir but unfortunately these were water wet.

“After the well control operations, the 6 Open Hole section drilling was resumed on Friday .The reservoir was encountered at 5,492 meters and so far about 140 meters of reservoir have been drilled. The log results show a good quality reservoir but unfortunately water wet without any gas effect,” a Petroleum Division official said.

https://nation.com.pk/20-May-2019/dr...t-water-wet-pd
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Old May 22nd, 2019, 03:13 PM   #5290
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Electricity employees to get one month pay as bonus on Eid

Electricity employees will receive one month pay as bonus on the eve of Eid ul Fitar. It was decided in a bilateral meeting held by Omar Ayub Khan, Federal Minister Energy, and Irfan Ali, Federal Secretary Energy, with the representatives of All Pakistan Wapda Hydro Electric Workers Union CBA. The delegation of the union was led by Khurshid Ahmad, general secretary of the union. Meanwhile, the union, in a special meeting held at Bakhtiar Labour Hall Lahore, welcomed this decision and thanked the federal minister and federal secretary energy for accepting the just demand of electricity employees and pledged that they would continue to spare no effort to raise productivity of the national public utility electricity by prevention of theft of electricity and recovery of its revenue. The union appealed to the workers to continue to improve the services to the electricity consumers and perform their duties as service of the nation and assured them that the contract employees would also be brought on regular cadre in near future in accordance with the settlement of the union and the management.
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Old May 22nd, 2019, 03:22 PM   #5291
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Tesco pays Rs3.4 billion tax to FBR

Tribal Areas Electricity Supply Company (Tesco) paid an amount of Rs3.4 billion to Federal Board of Revenue (FBR) without collecting any tax from domestic and commercial consumers.

Tesco Chief Executive Officer Shafiq ul Hassan said government was committed to provide relief to the people of Tribal Areas therefore domestic consumers were not billed at all while industries got electricity supply with tax exemption. He said Tesco paid the tax for the period of April 2013 to March 2019 despite the fact that Tribal Areas had exemption from tax. “Accounts of Tesco were freezed in year 2013, 2015 and 2016 due to which tax amount had to be paid”, he added. He SAID that Statutory Regulatory Orders 1212(I)/2018 and 1213(I)/2018 gave exemption from federal taxes to erstwhile Federally Administered Tribal Areas and Provincially Administered Tribal Areas
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Old May 22nd, 2019, 03:32 PM   #5292
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Gree wins 6 international awards in Geneva

GREE, Pakistan’s premier consumer electronics brand, has won six awards, including three gold awards, one silver award, and two special awards, at the 47th International Exhibition of Inventions of Geneva. GREE AI multi VRF unit GMV6 got a gold award and Saudi Arabia Outstanding Innovation Award, and the high-precision magnetic bearing system got a gold award and Morocco Special Gold Award.

GREE AI Multi VRF Unit GMV6’s low-power standby control, new intelligent defrost control, high-efficiency heat exchange self-adaption technology, and intelligent rotation control makes it achieve standby power as low as 1W for a single outdoor unit and up to 40% of efficiency improvement for continuous heating.


https://nation.com.pk/17-May-2019/gr...ards-in-geneva
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Old May 22nd, 2019, 08:39 PM   #5293
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The Petroleum Division has granted Kirthar Pakistan BV — a subsidiary of Kuwait Foreign Petroleum Exploration Company (Kufpec) — the license for exploration of oil in the Makhad block, a press statement by the energy ministry said on Wednesday.

The division said that the government has executed an Exploration Licence (EL) as well as a Petroleum Concession Agreement (PCA) — signed by Petroleum Division Secretary Mian Asad Hayauddin and Qazi Mohammad Saleem Siddiqui, the director general of Petroleum Concessions, and the CEO of Kuwait Foreign Petroleum Exploration Company (KUFPEC) at a ceremony also attended by Minister for Petroleum Omar Ayub Khan.

On the occasion, the petroleum minister said that “the execution of PCA and EL will attract foreign investment in the petroleum sector and bridge the demand and supply gap in the energy sector.”

Khan further said that the efforts will bear fruit in future years in the form of hydrocarbon reserves.

The Makhad block, according to the press release, is situated in Attock, Mianwali and Chakwal in Punjab as well as Kohat in Khyber Pakhtunkhwa. It is said to be spread over 1,562.92 square kilometres.

Kufpec will invest at least $9.8 million in the block, as per the press release issued. Apart from the minimum firm work commitment, the company is also obligated to spend a minimum of $30,000 per year in Makhad block on social welfare schemes.

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Old May 24th, 2019, 03:13 PM   #5294
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ECC allows 150MW additional power supply to Karachi
Committee approves proposed procurement target of wheat crop for year 2018-19 to the tune of 5.15 million tons with financial limit of Rs158.5 billion

The Economic Coordination Committee (ECC) of the Cabinet on Wednesday approved a proposal of Power Division to allow additional supply of 150MW of power through national grid to K-Electric so as to address power shortage in Karachi.

Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr Abdul Hafeez Shaikh chaired meeting of ECC of the Cabinet.

https://nation.com.pk/16-May-2019/ec...ply-to-karachi
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Old May 24th, 2019, 03:16 PM   #5295
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Pakistan ranked 3rd in world for newly installed hydropower capacity
Pakistan managed to add 2487MW of environment-friendly hydel electricity in 2018, just behind China and Brazil which are ranked 1st and 2nd respectively in list Country has potential of generating 60000mw of low-cost hydel electricity

Pakistan has been ranked 3rd in the world for newly installed hydropower capacity, much ahead of the US and India.

Out of the top 20 countries which installed new hydro capacity during 2018, Pakistan, with the new installed capacity of 2487MW, has been ranked 3rd, just behind China and Brazil which are ranked 1st and 2nd respectively in the list, declared by the International Hydropower Association (IHA) in its recently issued report titled 2019: Hydropower Status Report – Sector Trends and Insights.

Formed under the auspices of UNESCO in 1995 as a forum to promote and disseminate good practice about hydropower, IHA champions continuous improvement and sustainable practices across the sector.

https://nation.com.pk/15-May-2019/pa...power-capacity
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Old May 24th, 2019, 03:37 PM   #5296
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Nepra likely to issue tariff determination for 300MW plant at Gwadar by May-end
Government is committed to accelerate implementation of CPEC projects and set timelines for authorities concerned for resolving all pending issues related to the projects

National Electric Power Regulatory Authority (NEPRA) is likely to issue tariff determination for the 300 MW coal power plant at Gwadar by the end of May. Progress on 300 MW coal based power plant at Gwadar was discussed here during CPEC project review meeting. The meeting was chaired by Federal Minister for Planning,

Development and Reforms Makhdum Khusro Bakhtyar and was attended by Chinese ambassador Yao Jing and senior officials from both sides were also present in the meeting. During the meeting, projects of Orange Line, Eastbay Expressway, 300 MW coal based power plant at Gawadr and Kohala Hydropower were deliberated upon.

https://nation.com.pk/11-May-2019/ne...dar-by-may-end
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Old June 14th, 2019, 11:47 PM   #5297
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Minister of Energy (Power Division) vows to bring it's Circular Debt to zero by 2020.
With unflinching effort ro the uncumbent Government, the circular debt reduced from 38 Billion to 26 Billion in just 8 months


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Old June 14th, 2019, 11:49 PM   #5298
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Dr. Akhtar Malik Minister of #Energy Punjab presenting 200 Million Rupees worth cheque of the Profit Earned from Bahawalpur's Quaid-e-Azam #Solar #Power Plant to Chief Minister Punjab Usman Buzdar.



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Old June 14th, 2019, 11:57 PM   #5299
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Khyber Pakhtunkhwa to add 71MW to national grid soon

Seventy-one megawatt #electricity being produced in #KhyberPakhtunkhwa from different power projects will be added to the national grid soon.

A memorandum of understanding to this effect was signed between Pakhtunkhwa Energy Development Organization and #Power Division in #Peshawar.

Chief Minister Mehmood Khan who was also present on the occasion said this will generate revenue two billion rupees for the province annually.

He said work on several other hydel power stations is in progress in the province. These stations will produce one hundred and forty five MW electricity
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Old June 18th, 2019, 05:34 PM   #5300
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KARACHI: Reon Energy Ltd on Monday announced the commissioning of a 12.5 megawatt captive solar power project at Fauji Cement Company Ltd in Jhang Bahtar, Punjab.

The 12.5MW photovoltaic project is expected to produce approximately 20 GWh annually, a press release said. The output energy will be used for captive generation and will avoid around 121,437 tonnes of CO2 equivalent emissions in the next 10 years.

Published in Dawn, June 18th, 2019
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