Thar coal based 1320MW plant to be relocated to PortQasim
Relocation of the Thar coal based 1320 MW power plant is being planned by K- Electric and M/s Oracle Power PLC as the companies have indicated strong intent for the purpose and assistance has been asked by the Minister for Planning, development and Special Initiatives, Ahsan Iqbal. CEO Oracle Power PLC, CEO K-Electric and the […]
Pakistan to buy 1 LNG cargo from Azerbaijan every month
Pakistan’s finance ministry announced on Wednesday that it has approved a framework for a liquefied natural gas (LNG) purchase agreement with Azerbaijan. Due to the surge in global LNG prices following Russia’s invasion of Ukraine, Pakistan had not procured any spot cargoes of LNG for approximately a year. This shortage of gas, which fuels many […]
JIP signed in Islamabad for TAPI gas pipeline
Turkmenistan and Pakistan have officially signed a Joint Implementation Plan (JIP) in Islamabad aiming to accelerate progress on the TAPI Gas Pipeline project. The signing ceremony involved Minister of State for Petroleum Dr Musadik Malik representing Pakistan and Maksat Babayev, State Minister and Head of TurkmenGaz, representing Turkmenistan. Prime Minister Shehbaz Sharif, senior cabinet officials, […]
€180m French loan awarded to NTDC
Dr. Kazim Niaz, the federal secretary of the Ministry of Economic Affairs (MoEA), along with Nicolas Galey, the ambassador of France, and Philippe Steinmetz, the country director of the French Development Agency (AFD), have joined forces to solidify their commitment by signing a credit facility agreement worth €180 million. This agreement aims to provide the […]
NTDC Energizes Guddu Shikarpur transmission line
The National Transmission and Despatch Company Limited (NTDC) has successfully replaced a 108 km 220 kV transmission line in the southern region. On June 3, 2023, the newly constructed Guddu-Shikarpur transmission line was energized, marking a significant achievement. This milestone represents a major advancement in enhancing the power supply system in the southern areas of […]
Pakistan and Denmark to foster cooperation in the renewable energy sector
Pakistan and Denmark have reached an agreement to foster cooperation in the renewable energy sector, as outlined in the recently ratified Green Framework Engagement Agreement. This accord was established during the two-day visit of Minister of State for Foreign Affairs, Hina Rabbani Khar, to Denmark and Finland from June 8th to June 10th, 2023. The […]