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October 13 blackout: What went wrong?

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Several parts of Pakistan, mainly Sindh, Punjab and Balochistan, were left without power after a fault was detected in the national grid’s southern transmission system last week on October 13.

It took the authorities several hours to restore the transmission system across Pakistan and the electricity supply returned to normal almost 24 hours later.

Following this, the National Transmission and Despatch Company (NTDC) formed a committee to probe the reasons behind the “partial blackout”.

A four-member committee was formed with NDTC’s General Manager (Technical) Lahore Muhammad Mustafa as its convener, while General, Manager (AM) North Lahore Anwar Ahmed Khan, Chief Engineer (TSG) North Lahore Muhammad Ijaz Khan, and Chief Engineer (OP) NPCC Islamabad Muhammad Zakaria Member were its members.

A handout from the Power Division Wednesday said that the NTDC’s committee has determined the reasons behind the blackout and the Ministry of Energy is taking immediate disciplinary action in light of the report.

The statement mentioned the following reasons:

  • The first reason for the blackout is the nondurable and sub-standard work done on Tower No 26 of Karachi’s nuclear power plants K-2 and K-three three years ago — in 2019.
  • The failure of the delivery system calls into question the quality of the equipment used in 2019 and the efficiency of the workers. The connectors used on it were not made for the transmission line but were modified and used for this temporary interconnection.
  • The project team used 25-year-old dilapidated conductors in 2019 at Tower No. 26, 26-A and 27.
  • In 2019, despite the sensitivity of nuclear power plants, it was not regularly repaired and maintained as per the prescribed standards.

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SIFC-Assisted OGDCL Commences Gas Production in Uch Every day, OGDCL contributes 5 million SCF to the national grid.

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The chronic gas deficit is being addressed by Oil & Gas Development Company Limited, which produces 5 million standard cubic feet of gas each day.

In the Uch region of the Dera Bugti District of Balochistan, Oil & Gas Development Company Limited has started producing gas with the assistance of the Special Investment Facilitation Council.

The company used its technological abilities to drill a well and successfully find gas at a depth of 1,345 meters.

An improvement in the energy industry is the company’s enhanced financial performance, which has resulted in a profit of 41.02 billion rupees.

In order to promote sustainable growth and strengthen national energy security, Oil & Gas Growth Company Limited is still committed to growing production.

Together with the Special Investment Facilitation Council, OGDCL’s strategic initiatives are essential to the energy sector’s future.

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The KSE-100 Index surpasses 102,000 points as the PSX begins the week on a high note.

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For the first time in recent memory, the benchmark KSE-100 Index broke beyond the 102,000 point level, kicking off the new trading week on a high note for the Pakistan Stock Exchange (PSX).

The index rose 835 points as of the morning session, hitting a new high of 102,192 points with an intraday peak of 102,288 points.

After a strong close to the previous week, when the index closed at 101,357 points, the PSX has continued its recent bullish performance with this upward trajectory.

Growing investor optimism has propelled the market’s rally, which has been supported by improved macroeconomic conditions, declining bond yields, and the ongoing flood of foreign capital into stocks.

The PSX has been strong because of a number of important elements. Since May 2024, the State Bank of Pakistan has lowered interest rates by a total of 700 basis points, which has improved market sentiment.

Mutual funds have invested more than $132 million in Pakistani stocks since January, indicating a move in investor preferences away from bonds and toward stocks.

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NMDA Humanitarian Aid: Damascus Receives 21st Shipment of Aid for Gaza and Lebanon

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Following a chartered flight from Nur Khan Base yesterday, the 21st shipment of humanitarian aid for war-affected and displaced persons in Gaza and Lebanon has successfully landed in Damascus. The shipment contained 17 tons of relief supplies provided by NDMA.

Pakistan’s ambassador in Damascus, Air Marshal (R) Shahid Akhtar, accepted the aid.

In regards to aiding the war-torn populations of Palestine and Lebanon, the Government of Pakistan is unwavering in its resolve.

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