Month: July 2023

Power Div says it has no control over Discos

Admin
Power-control

ISLAMABAD: Power Division said on Friday that its administrative powers to interfere in internal affairs of Distribution Companies (Discos) have been done away with after promulgation of new law about State Owned Entities (SOEs) Governance and Operations, 2023. “Our role in Discos’ affairs has been curtailed. Discos Boards have been made independent in decision making. We have no control over Discos. We just issue notifications of Boards,” said Additional Secretary Power, Arshad Majeed Mohmand while responding to questions raised by members of Sub-Committee of National Assembly Standing Committee on Power.…

Read More

LONGi maintains AAA status for 14th consecutive quarter in PV ModuleTech bankability rankings

Admin
LONGi-maintains

Xi’an, China, July 21, 2023 – LONGi, the world’s leading solar technology company, is delighted to announce that it has once again been ranked in the highest AAA category in PV-Tech’s PV ModuleTech bankability report for Q2 2023. This is the 14th consecutive quarter for the company to achieve this ranking, underlining its outstanding performance in terms of high-quality products and services, combined with financial strength and stability. The AAA rating serves as recognition and affirmation of the overall strength of the company within the industry. Manufacturers are fully analysed and…

Read More

GoodWe Launches 100kW Hybrid and Retrofit Battery Inverters for C&I Energy Storage Applications

Admin
GoodWe-Launches

GoodWe, a world-leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record and extensive experience in the solar industry, GoodWe has been deepening its expertise in the C&I energy storage sector to meet growing demand. Building on the success of the ETC/BTC50kW series, the new ETC/BTC 100kW…

Read More

Pakistan phasing out imported fuels from power generation mix

Admin
power-generation

KARACHI: Pakistan is gradually reducing its reliance on imported fuels to address the main cause of depleting foreign reserves, with May numbers showing a significant decline in the share of furnace oil in the energy mix. The country is currently grappling with a historic financial crisis as its foreign reserves dwindle, leaving only enough to cover one month’s worth of import bills. According to NEPRA’s Indicative Generation Capacity Expansion Plan (IGCEP) 2022-31, the share of furnace oil (FO) in the energy mix significantly decreased in May. In the 11 months…

Read More

Discos allowed to charge Rs25bn more for May

Admin
power-tariff

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified about Rs1.90 per unit additional fuel cost adjustment (FCA) in power tariff for ex-Wapda distribution companies (Discos) for May to mop up about Rs25 billion in additional funds in the current billing month. The “increase of Rs1.9039/kWh shall apply to all the consumer categories except electric vehicle charging stations (EVCS) and lifeline consumers,” Nepra said in a notification. The ex-Wapda Discos had proposed an additional FCA of Rs2.05 per unit to generate about Rs27bn in July’s bills. The regulator,…

Read More