Industry News

ISLAMABAD: Russia has come up with an integrated investment package of $14 billion for the energy sector in Pakistan. During a recent visit of the Russian … Read more

ISLAMABAD: Minister for Petroleum and Natural Resources Ghulam Sarwar Khan has assured the foreign companies interested in investing in Pakistan’s gas sector that the government will … Read more

Islamabad – Work on 13 energy projects having capacity to generate 8,995MW electricity under China Pakistan Economic Corridor (CPEC), throughout the country is in progress. About … Read more

Karachi – By 24:00 hours December 31, 2018 (Pakistan local time), the cumulative energy output of Port Qasim coal-fired power plant is up to 7.559 billion … Read more

ISLAMABAD: The Asian Development Bank (ADB) would provide $ 284 million to Pakistan for improving its power transmission network , besides developing a stronger, smarter, greener … Read more

ISLAMABAD: Pakistan’s power sector suffers from inefficiencies that cost the economy $18 billion or 6.5 per cent of the GDP in the fiscal year 2015, according … Read more

In order to implement competitive bidding regime for electricity generation sector to the letter, Pakistan plans to do away with upfront tariff awarded to existing sugar … Read more

Pakistan at present is engaged in multiple projects including Iran-Pakistan (IP) and Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipelines, import of Liquefied Natural Gas (LNG) and CASA-1000 to meet … Read more

LAHORE: Buying of liquefied natural gas (LNG) from state-owned QatarGas under the long-term agreement saved Pakistan $76 million in the last three months when compared with … Read more

ISLAMABAD – The government on Friday decided that four independent power producers (IPPs) would produce electricity on RLNG instead of furnace oil and high-speed diesel to … Read more

KARACHI: Pakistan is set to increase the share of hydropower production in the total energy mix by adding a new project of over 700 megawatts in … Read more

It’s been an interesting year for mergers and acquisitions in the distributed energy space, with some unexpected developments. We haven’t seen the same massive M&A deals … Read more

As costs for renewable energy projects drop and policies and resilience demands increase, capacity for wind and solar PV continues to rise across all regions and … Read more

This year’s activity in energy storage could easily fill a book. While a lot of attention was focused on California, a state that has done more … Read more

Government is moving towards the age of digitization and has launched several new initiatives to make life easy of citizens of Pakistan. Among other initiatives, Government … Read more

ESS Inc, among several companies looking to commercialise a flow battery energy storage technology, has netted US$13 million in a Series B funding round from investors … Read more

We reported recently on the closure of a gas turbine electric power facility in Norway. The turbine for that plant was built by Siemens, but gas … Read more

The communications industry could use 20% of all the world’s electricity by 2025, hampering attempts to meet climate change targets and straining grids as demand by … Read more

Pakistan is aiming to add 5,770 megawatts of electricity to its national grid by 2018 as the country is struggles to overcome chronical energy shortages which … Read more