Month: September 2023

Solar Pakistan 2023: LONGi Solar’s green innovation shines on the scene

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LONGi-Pakistan

Karachi, a land full of hope and sunshine, has become a witness of Solar Pakistan 2023. At this exciting moment, LONGi shines again, bringing a shocking feast to the global green energy industry. As the world’s leading solar energy brand, LONGi has always been at the forefront of renewable energy. At this exhibition, we proudly showcased our outstanding achievements in the field of environmentally friendly green new energy and demonstrated LONGi’s unique charm in clean energy technology to visitors. What is even more eye-catching is that the LONGi Pakistan team…

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The Caretaker Federal Minister for Energy held meeting with PSO and OMCs

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pso

Karachi: September, 11, 2023. The Federal Minister for Energy Muhammad Ali hold important meeting with PSO management at PSO House Karachi. The Minister was briefed by the Managing Director Pakistan State Oil(PSO), Syed Muhammad Taha regarding overall performance and challenges being faced by the PSO. The Managing Director of PSO apprised the Minister that the PSO had an extensive network of 3500 outlets nationwide. The caretaker Federal Minister directed the PSO management to minimise the circular debt, being the Pakistan’s leading energy company. The meeting was attended by the Chairman,…

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Nepra approves Rs1.46 per unit hike in FCA for September bills

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electricity-bill

The National Electric Power Regulatory Authority (Nepra) on Friday authorised ex-Wapda distribution companies (XWDiscos) to levy a Rs1.46 per unit charge in consumers’ electricity bills for September as part of fuel cost adjustment (FCA) charges. According to Nepra, the FCA pertains to the month of July. According to a notification issued by Nepra, a copy of which is available with Dawn.com, “The adjustment of Rs.1.463/kWh shall be applicable to all the consumer categories except Electric Vehicle Charging Stations and lifeline consumers.” It added that the said adjustment should be shown separately…

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Wapda’s hydro tariff increased by 29pc

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power-sector

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday approved about 29 per cent increase in average generation tariff for Wapda’s hydroelectric stations to meet its Rs155 billion annual revenue requirement. Under the decision, the average generation tariff for FY23 has been allowed at Rs4.96 per unit when compared to Rs3.85 per unit in FY22. The Rs1.11 per unit increase in generation tariff would, however, not jack up the average distribution tariff for end-consumers with the same proportion but translate into a nominal additional cost of the entire electricity…

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Oil, gas reserves to end in 15 years

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oil-gas.

Hydrocarbon deposits deplete rapidly since no new major discovery made KARACHI: Pakistan’s oil and gas reserves have depleted by 17% and 6%, respectively, in the past one year till June 2023 as no major hydrocarbon discovery has been made since long. It signals that leftover deposits will be fully consumed in the next 15 years, according to a research house that cited data of the Pakistan Petroleum Information Services (PPIS). In a report on oil and gas exploration, Arif Habib Limited analyst Muhammad Iqbal Jawaid said that Pakistan’s crude oil…

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