Growatt Shines at SNEC Exhibition with Top Brand Awards and Cutting-Edge Solutions


Growatt, a world-renowned provider of distributed energy solutions, has concluded its successful participation at the SNEC PV Power Expo in Shanghai. The company’s achievements were highlighted by its receipt of the Top Brand PV 2023 award from EUPD Research, along with the showcase of an impressive array of cutting-edge energy solutions. Top Brand PV Awards The Top Brand PV 2023…

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Inflation rockets to record 38pc in May


ISLAMABAD/KARACHI: Pak-istan’s inflation rate soared to a new all-time high of 38 percent in May 2023, making it the highest in the region.This remarkable level has not been witnessed in the nation since the commencement of comparable records in 1957. The inflationary surge, which escalated from the previous month’s rate of 36.4 percent, can largely be attributed to an unprecedented…

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LPG prices slashed by Rs37/kg for June


ISLAMABAD: The government on Thursday lowered the prices of liquefied petroleum gas (LPG) by 15.88 percent or Rs37/kg for domestic and commercial consumers for June 2023 over the previous month. The decision comes after Saudi Aramco significantly reduced the prices of propane and butane, which Islamabad imports for local consumption. The revised price for a kilogram of LPG in June…

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Pakistan exports record 90,000 tons of fuel oil in May


KARACHI: Pakistan shipped 90,000 tons of fuel oil in May 2023 to reduce a huge stock built up over the last several months amid low demand in the country, industry sources told The News on Thursday. Fuel oil exports reached 250,000 tons in the last three months (March to May), according to the sources, who foresee more exports in the…

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Oil sales plunge by 40pc inMay amid economic slowdown


KARACHI: The month of May witnessed a staggering 40 percent decline in oil sales compared to the same period last year, as the country grapples with an economic slowdown and a surge in the volume of Iranian smuggled petroleum products flooding the market, industry data showed on Thursday. According to sales figures of oil marketing companies, the sale of petroleum…

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K-Electric partners with Visa


KARACHI: K-Electric has partnered with Visa to work together for KE consumers by offering them to make digital payments of their utility bills, a statement said on Thursday. KE said it intended to bring convenience and value to their constituents. The company has signed a strategic partnership with Visa to enable the primarily through Visa’s digital payment solutions and partner…

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PM aides appointed to Parco board


ISLAMABAD: The government has appointed two independent directors to the board of Pak Arab Refinery Limited (Parco) in a dubious way that has raised eyebrows. Sources told The Express Tribune that the board of directors of Parco was reconstituted recently, though its term was going to expire in August 2023. The government has appointed Ahad Cheema, Adviser to the Prime…

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SolaX Power Successfully Hosted Global Partner Summit 2023


SolaX Power, a renowned player in the photovoltaic industry, successfully hosted its highly anticipated Global Partner Summit 2023 in Tonglu, Hangzhou. More than 150 distinguished guests from over 30 countries joined SolaX Power in sharing achievements and discussing the future of solar energy. Anwar Naveed, CEO of Fronus, the most important partner of SolaX in Pakistan, was also invited to…

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