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Planning Tag

IMAM & ASSOCIATES > Posts tagged "Planning"

PUNJAB’S 3600 MW RLNG-RUN POWER PLANTS FAIL TO PRODUCE REQUIRED ELECTRICITY

Punjab’s 3600 mw RLNG-run power plants have so far failed to produce the required electricity due to which billions of rupees worth LNG (Liquefied Natural Gas) terminals and import projects are about to fail, it was learnt reliably. Ironically, Punjab’s $2 billion and 60 crore worth RLNG-run power plants of Bhikki, Haveli Bhadur Shah and Baloki so far could not generate electricity as per their installed capacity apparently due to technical reasons. And, the energy ministry has advised Pakistan LNG Limited to reschedule already ordered cargoes, in accordance with the reduced demand of RLNG despite the fact that once LNG supplies...

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Arbitrator settles Rs36 billion gas pricing dispute

An arbitrator, appointed by the Supreme Court to decide a Rs36-billion scandal erupted after an increase in the wellhead gas price, has cleared Dewan Petroleum in the case. In its short order, the arbitrator, former chief justice Nasirul Mulk, said interpretation of the wellhead gas price, calculated at $3.8 per million British thermal units (mmbtu), by Dewan Petroleum was correct, a senior government official disclosed. The Petroleum Division has been asked to implement the decision of the arbitrator. Earlier during the Pakistan Peoples Party (PPP) administration, after a contempt notice issued by the Lahore High Court, the regulator, led by then chairman Tauqeer...

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