Shell, KE to set up EV charging stations in Karachi
Business
January 9, 2021
KARACHI: Shell Pakistan Limited (SPL) and K-Electric Limited (KE) have signed a Memorandum of Understanding (MoU) to jointly develop the first three Electric Vehicle (EV) charging stations across Karachi and its connecting highways, a statement said on Friday.
The locations selected for installing 50 KWH Rapid chargers are: Shell Defence Filling-Station in Khayaban-e-Bahria, Askari Filling Station in Gulshan Town, and Mardan Filling Station in Gadap Town.
The statement said over the next 3 to 5 years, SPL and KE would explore the opportunity of additional sites and strategically expand the EV charging network.
National January 8, 2021
ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has granted a licence to K-Electric for constructing and operating a gas pipeline for supplying RLNG for its 900 MWs power plant at Bin Qasim Power Complex (BQPS).
It is the first-ever license obtained by KE in the oil and gas sector and is a key step in ensuring that the upcoming BQPS III power plant receives the right amount of gas, at the right pressure. This milestone will go a long way in helping bridge the supply-demand gap in Karachi in the years to come.
In the notification issued on January 6, 2021, Ogra granted a license to K-Electric Limited to undertake regulated activity related to construction and operation of 14 inch diameter x 2.4 kilometre Natural Gas Pipeline along with ancillary/connected facilities for purpose of transmission of Natural Gas/RLNG from Tie-in Point, SSGC Custody Transfer Station located at Bin Qasim to KE Bin Qasim
K-Electric to construct pipeline for natural gas, RLNG as OGRA approves license
Pakistan
Photo: Geo.tv
KARACHI: K-Electric on Thursday announced that the Oil and Gas Regulatory Authority (OGRA) has approved its application for a license which will allow it to construct and operate a gas pipeline.
According to KE, the pipeline will supply Re-gasified Liquefied Natural Gas (RLNG) to the upcoming RLNG-based 900 MW BQPS-III power plant and supplement fuel requirement of the power plants located at its Bin Qasim Power Complex.
As reported by
Geo.tv, the development is a positive one for KE as it would be the first-ever license obtained by the company from the oil and gas sector.
OGRA approves K-Electric s license to construct and operate pipeline for natural gas, RLNG
By
Thursday Jan 07, 2021
Collage showing logos of K-Electric and the Oil and Gas Regulatory Authority (OGRA). Photos: File
OGRA has approved K-Electric s license to construct and operate a pipeline that will supply RLNG to upcoming BQPS-III power plant
The construction of pipeline will ensure BQPS-III power plant receives the right amount of gas, at the right pressure
KE says the 900 MW RLNG-based plant and its timely completion is just one step towards keeping Karachi energised
KARACHI: The Oil and Gas Regulatory Authority (OGRA) has approved K-Electric’s application for a license to construct and operate a gas pipeline, that will supply Re-gasified Liquefied Natural Gas (RLNG) for the upcoming RLNG-based 900 MW BQPS-III power plant and supplementing fuel requirement of the power plants located at its Bin Qasim Power Complex.
Stocks enter New Year with a bang on energy strength
Business January 2, 2021
Stocks on Friday soared to enter 2021 with a bang led by energy and power sectors that cheered reports that government and private power producers have found a sweet spot to move ahead with an agreement to clear the circular debt of the power sector, dealers said.
Pakistan Stock Exchange’s (PSX) benchmark KSE-100 shares index gained 1.55 percent or 679.42 points to close at 44.434.80 points. Volumes increased to 642.622 million shares, from 578.250 million shares on Thursday. KSE-30 also hit a high of 2.22 percent or 404.01 points to end at 18,584.01 points.
Ovais Ahsan, chief executive officer at Optimus Capital Management, said the market started 2021 on a bullish note on the back of positive news flow in the energy sector and easing inflation numbers”.