12MW grid energized to facilitate Getz Pharma’s new plant

KARACHI: K-Electric (KE) has energized a dedicated 12-megawatt grid along with a dedicated 132kV electricity distribution system to facilitate Getz Pharma’s new manufacturing/production facility in Korangi industrial area. The ceremony was attended by Khalid Mahmood, MD & CEO Getz Pharma and Moonis Alvi, CEO, KE along with their respective teams…. Continue reading

Trustpower Limited announces sale of its electricity metering business

WELLINGTON: Trustpower Limited, a New Zealand electricity generation and electricity retailing company, has reached an unconditional agreement with Financial Corporation Limited (FCL) for the sale of its electricity meter assets and meter equipment provider (MEP) business, with completion occurring on Friday 15th November. The transaction price is not disclosed. The… Continue reading

Mercury announces to completing New Zealand’s largest wind farm

AUCKLAND: Mercury NZ Limited has amended its contracts with Vestas to complete New Zealand’s largest wind farm at the Turitea site near Palmerston North. Mercury’s Chief Executive, Fraser Whineray, announced that Mercury has committed to build the remaining 27 consented turbines at Turitea, at a cost of $208 million, adding… Continue reading

Sindh Transmission & Dispatch Company gets license to act a provincial grid company

KARACHI: The National Electric Regulatory Authority (NEPRA) has granted transmission license to Sindh Transmission & Dispatch Company (Private) Limited (ST&DCPL) to act as provincial grid company for the province of Sindh, a document revealed. According to the information provided by the company, the scope for provincial grid company (PGC) includes… Continue reading

KE reaffirms commitment towards Karachi with $3 billion investment

KARACHI: K-Electric is committed towards Karachi and its growth with an investment of $3 billion over the next four years including the 900 MW RLNG-based BQPS-III, a 700 MW coal-based IPP project and addition of about 1,000 MWs through IPPs. This was stated by Aamir Ghaziani, Chief Financial Officer of… Continue reading

Pakistan’s overall electricity generation up 9.0 percent in September 2019

KARACHI: Pakistan’s overall electricity generation during September 2019 surged 9.0 percent to 13,621Gwh compared with 12,552Gwh generated during the same month last year, latest data released by National Electric Power Regulatory Authority (NEPRA) suggests. Within power generation mix, coal and hydel exhibited notable increase of 94 percent and 18 percent… Continue reading

KE awards contracts for 900MW BQPS-III

HARBIN: K-Electric has awarded the contracts to global technology powerhouse Siemens AG and Chinese construction contractor(s) Harbin Electric for a 900MW Combined Cycle Power Plant and associated grids at Bin Qasim. The contract was signed by Moonis Alvi, CEO, KE; Dr. Keramat Fakhari Executive Vice President, Siemens and Guo Yu,… Continue reading