Year: 2022

Power tariff for Karachiites raised by Rs4.83 for March

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The National Electric Power Regulatory Authority (Nepra) on Friday notified Rs4.83 per unit additional fuel cost adjustment (FCA) to K-Electric to be charged to consumers for electricity they consumed in March. This will help the Karachi-based private utility to mop up an additional amount of Rs7.86 billion from consumers in upcoming billing month of June. The FCAs shall be applicable to all the consumer categories except lifeline consumers, Nepra said. The K-Electric had demanded an FCA of Rs5.275 per unit with a revenue impact of Rs8.6bn but the regulator found…

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Govt Working on Low Cost Power

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Sindh Energy Minister Imtiaz Ahmed Sheikh said the government was working expeditiously on low cost power generation from Thar Coal and renewable energy projects of solar and wind power generation. He said this while chairing a meeting of Sindh Engro Coal Mining Company (SECMC) held on Friday. He said Thar Coal Reserves have potential to be a game changer in meting out Pakistan”s energy needs. The minister also stressed the need of prioritizing environmental aspect in projects aimed at conversion of coal into energy. SECMC officials while briefing the meeting…

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LONGi has a long-term contribution Plan for Pakistan

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LONGi is the world’s leading solar technology company. It officially entered the Pakistan market In 2019. In three years LONGi went from 1 MW to 500 MW relied on its high-quality, reliable solar modules, and Firmly towards the goal of 1GW with all partners.As the most valuable solar PV solution company in the world, LONGi has never forgotten its social mission, never forgotten the truth that it’s our partners and customers in Pakistan always trust and support LONGi strongly. During Ramadan, LONGi celebrated the festive and share the food with…

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LONGi Plans to Set up Scholarship in Pakistan’s Primary Schools and Universities

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As World’s Leading Supplier of Solar PV Solutions, LONGi believes that corporate social responsibility activities are not a whim or a show, but a practice of an enterprise fulfilling its own responsibilities. Since 2019, LONGi has entered the Pakistani market officially and achieved a breakthrough from 1 MW to 500 MW. Without considering other factors，500 MW solar modules are expected to generate 5 billion kWh per year. Together with great and trusted partners, LONGi brought green energy to Pakistan’s cities and villages, and supplied electricity to areas without electricity and…

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Oil jumps 3% to 2-month high as EU seeks to ban Russian crude

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Oil prices rose about 3% to a two-month high on Thursday on signs of tight supply ahead of U.S. summer driving season, as the European Union (EU) wrangled with Hungary over plans to ban crude imports from Russia over its invasion of Ukraine. Brent futures for July delivery rose $3.21, or 2.8%, to $117.24 a barrel by 11:15 a.m. EDT (1515 GMT). U.S. West Texas Intermediate (WTI) crude rose $3.98, or 3.6%, to $114.31. Brent was up for the sixth straight day in a row and on track for its…

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