Day: September 14, 2023

Risen Enters into Distribution agreement with AGN Solar with a first supply of 50MW for Pakistan Market

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Risen-Announces

Risen Announces the signing of Distributor appointment and new sales agreement with AGN Solar for supply for 50MW of its high efficiency modules . AGN Solar is specialized distributor of Renewable Energy Products and Tier 1 Equipment such as Solar Panels , Inverters and batteries that create solar energy in Pakistan and middle east . The agreement includes 90,000PV  modules of various powers which include P type monoracial and Bifacial 550/555W  and N type latest technology HJT 585W and 685W .The Modules will be delivered to Karachi ,Pakistan , where…

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Jazz Serves Rs10 Billion Defamation Notice to SNGPL for Baseless Allegations

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Jazz-pakistan

ISLAMABAD – In response to the recent baseless allegations of gas theft by Sui Northern Gas Pipeline Limited (SNGPL), Jazz, Pakistan’s largest digital operator, has served the gas company with a Rs 10 billion defamation notice. Categorically refuting SNGPL’s false claims of gas theft at a Karak (KP) site, the telecom company has served a legal notice to SNGPL. Jazz has reiterated its stance that there’s no provision for natural gas use at any of its network sites across the country, a fact that is also corroborated by the picture…

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Denmark to support green initiatives of Pakistan -Danish Ambassador

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Danish-Ambassador

Ambassador of Denmark H.E. Jakob Linulf held a meeting with Minister of Energy Mr. Muhammed Ali today at Power Division. The agenda of the meeting was opportunities for Green energy initiatives and energy conservation in Pakistan. The discussion of projects and initiatives being carried out under the Danish Energy Transition Initiative (DETI) and Investment Fund(IFU) ,a fund for Developing countries by Denmark, were discussed in the meeting. The opportunities and mechanism for wind energy in Pakistan were discussed in detail. The ambassador said that there has been an increase in…

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IMF sets conditions for power bill relief

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power-bills

ISLAMABAD: The International Monetary Fund (IMF) has urged the caretaker government to improve its power generation system in order to provide relief to Pakistani consumers, while demanding that the government withdraw the subsidy it is providing on gas being supplied to captive power plants (CPPs). The IMF made this demand during its talks with the Ministry of Finance and the Ministry of Power with regard to providing some relief to the power consumers who are under extreme burden since a phenomenal rise in power bills in July. According to sources…

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Ministries, institutions haven’t paid hefty power bills

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power-sector

ISLAMABAD: The federal government has intensified its efforts to combat power theft, but it turns out that several of its own ministries and departments owe substantial sums to the Islamabad Electric Supply Company (Iesco), amounting to a staggering Rs71.52 billion. Notably, the largest portion of this debt, Rs60.7 billion, is attributed to the Azad Jammu and Kashmir (AJ&K) government. Curiously, there are five power supply points, or transmission lines, serving the AJ&K, and three of these points account for over Rs60 billion in unpaid dues. Among these, the losses incurred…

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