Islamabad, Sep 11: The National Electric Power Regulatory Authority (NEPRA) has approved capacity payment worth Rs.560 billion of the Independent Power Producers (IPPs) for the fourth quarter of the fiscal year (April-June) 2023-24. According to a document obtained by Bloom Pakistan, the Central Power Purchasing Agency (CPPA) has submitted the plant wise claims of the capacity payments of around 101 Independent Power Producers (IPPs) along with their utilization factors for the period of April to June 2024. Invoices of all Capacity Purchase have been processed in accordance with rates, Terms & Conditions as determined by NEPRA under the 1994 Power…
Author: Guest Writer
As winter nears, the Punjab braces itself for what might be called one of the most challenging periods annually. Face masks, respiratory illnesses, asthma attacks and itchy eyes are signs of the country’s ‘smog season.’ According to a report published by Air Quality Life Index in 2021, the entire population of Pakistan lives in areas where the annual average particulate pollution, PM 2.5, exceeds the World Health Organisation’s guideline. Around 98 percent of the population resides in areas that exceed the country’s own national air quality standards. PM 2.5 is shortening the life expectancy of average residents of Pakistan by…
Islamabad, Aug 19: When Gwadar was purchased from Oman in year 1958, no one but few could realise its importance at that time. It remained dormant for next fifty-five years and gained its prominence, still not to its zenith, only in year 2013 when China Pakistan Economic Corridor (CPEC) was conceived and put into place. Gwadar was termed as the Jewel in the Crown of CPEC, which until now very few understand. Gwadar is on its way to gain further importance amid the geo-political happenings around the world in general and in our region in particular. When CPEC was devised,…
