K-Electric is Getting 900MW Additional Power Soon: Governor
Governor Sindh Imran Ismail visited K-Electric’s Bin Qasim Power Station-III (BQPS-III) project to review the progress on the latest addition to Karachi’s power network.
The visit followed a meeting between KE’s Senior Leadership and Governor Sindh where KE presented an update on the company’s preparedness for Ramadan and the 2021 summer season.
BQPS-III is a $650 million project which will be adding 900 MW of generation capacity to KE’s existing network. This mega-project is progressing on the back of close collaboration between leading engineering firms who are partnering with KE to achieve a shared vision of empowering Karachi.
Gas utilities told to cooperate with developers of LNG terminals
The government has ordered the Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL) to hold weekly meetings with the developers of two upcoming liquefied natural gas (LNG) terminals to remove impediments, besides immediate handover of the possession of land for tie-in facilities near Pakistan Steel Mills, it emerged on Sunday.
This is the crux of a compliance report submitted by an inter-ministerial committee led by Minister for Maritime Affairs Ali Zaidi and special assistant to the prime minister on power and petroleum to the Cabinet Committee on Energy (CCoE) on April 15 on the instructions of the federal cabinet.
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SSGC board chairman has been appointed board member of Engro Fertilisers
TRIBUNE CREATIVE
ISLAMABAD:
The appointment of Sui Southern Gas Company Limited (SSGCL) board chairman on the board of a company owned by the Engro Group has raised grave concerns.
Shamshad Akhtar, who is currently on the board of SSGC, has also been appointed director on the board of Engro Fertilisers, according to a notice at the Pakistan Stock Exchange.
Some officials are of the view that the move may influence SSGC’s board as it is to take decision on allowing Engro to replace its floating storage and regasification unit (FSRU) to handle LNG import.