Bangladesh Calls for Revision of Power Purchasing Deal With Adani
Bangladesh is calling for a revision of the 2017 Power Purchasing Agreement (PPA) with Adani Power (Jharkhand) Ltd, signed during Indian Prime Minister Narendra Modi\’s visit. The deal, which was facilitated by Modi\’s close relationship with Adani, resulted in Bangladesh paying $450 million annually for 25 years, even if no electricity is taken. Additionally, Bangladesh […]
HUBCO says CPHGC’s 2x660MW power plant declared ‘project complete’
HUBCO announced that the China Power Hub Generation Company (CPHGC) 2×660 MW power plant has achieved its commercial operations date (COD) and has been declared \’Project Complete\’ by CPHGC\’s lenders. CPHGC is a joint venture between HUBCO and China Power International Holdings Limited, and is recognised as one of the priority projects under the China […]
Investment in Power T&D: long overdue!
Electricity is becoming an increasingly important source of energy globally, with a trend to shift transportation to electricity. In Pakistan, domestic, commercial, and industrial use of gas is being shifted to electricity, leading to an increased demand for investment in power production, transmission, and distribution infrastructure. K-Electric, the utility company in Karachi, is an example […]
Imran promises ruthless accountability on return to power | The Express Tribune
Imran Khan, the chairman of PTI, recently criticized Prime Minister Shehbaz Sharif for destroying the economy and asked the rulers to bring back the country’s “looted money” stashed abroad. He warned the government that the economic situation would not improve by the government’s cosmetic measures and that the coalition government had destroyed the economy within […]