Islamabad: On 31 January, chapter one of the series, ‘Busting the Myths’, was published by Renewables First (RF), an energy and environment think-tank. The research claims to bust myths about renewable sources and their integration into the energy mix of Pakistan. The first chapter explains the reality behind the myths about baseload energy and the need for transition to renewable sources in Pakistan. There is a widespread misperception that using renewable energy sources, such as wind and solar energy, will make the electrical system less reliable. This idea, called the…
Read MoreYear: 2023
Smuggled Iranian oil in Pakistan
Recently around 41 innocent people were burned alive in a bus on Quetta-Lesbela Road.🚑🚒 It is unfortunate that while our priorities are to spend millions on Motorways and Orange/ Red Lines in other provinces, main RCD highway of Baluchistan (which connects Karachi to Afghanistan via Chaman and Iran via Taftan) is still single carriageway and is prone to many traffic accidents and loss of precious lives.No one in this country has bothered to give this God forsaken province decent highways. 😑🚦🇵🇰 Fact is that they have ruined the economy and…
Read MoreGrowatt SPF 6000 ES Plus Arrives in the Pakistani Market
Growatt New Energy, The world’s leading manufacturer of energy storage solutions and solar inverters, launched its much-awaited off-Grid inverter. The SPF 6000 ES Plus, introduced by Growatt for the Pakistani market. Growatt introduced its new SPF 6000 ES Plus residential off-grid inverter, which is the modified and advanced form of the SPF 3000-5000 ES off-grid inverter. This product is most feasible for Pakistan’s areas with no grid presence. The Company has enhanced the inverter’s quality, performance, and efficiency. Enhancements have been applied to the product’s performance, reliability, quality, and efficiency. The SPF 6000 ES Plus has…
Read MoreTermination of SEL’s LoS: PPIB seeks comments from CPPA-G, NTDC
Private Power & Infrastructure Board (PPIB) has sought viewpoints of CPPA-G and NTDC on estimated Liquidated Damages (LDs) in case of termination of Letter of Support (LoS) of M/s Siddiqsons Energy Limited (SEL). In a letter to Chief Executive Officer (CEO) and Managing Director NTDC, Managing Director PPIB, Shah Jahan Mirza has said that Siddiqsons Energy Limited, after obtaining seven extensions in the Financial Closing (FC) date, through amendments in Letter of Support, failed to achieve FC by the extended FC Date. Accordingly, Performance Guarantee (PG) amounting to US$ 3,500,000…
Read MorePost-default Pakistan: a scenario
While it is unlikely that Pakistan would default on its debt, not due to the economic health and cost but rather the anticipated social and strategic backlash that the stakeholders are concerned with. However, in case of default, following is an anticipated scenario. First day: It would be total standstill in the country except the national media running continuous news and analyses and international media carrying this as a major story. For the government, it would be an emergency situation and they would try to comprehend and manage the situation.…
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