Month: March 2024

Pakistan Solar Association (PSA) Loses Licence Due to Irregularities and Violations

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solar-panel

The director general of trade organisations (DGTO) under the Ministry of Commerce has revoked the licence of the Pakistan Solar Association (PSA) citing irregularities and significant rule violations. In response, the DGTO has also imposed fines and barred key PSA members from joining other trade organisations. The decision to revoke the licence stemmed from allegations of the PSA’s involvement in illegal activities, particularly regarding the appointment of a “fake and bogus” secretary general. The executive committee of the PSA was found complicit in these irregularities, leading to the cancellation of…

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Pakistan Pledges Power Tariff Hike and DISCOs Privatisation to Address Financial Challenges

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free-power

Islamabad has assured the International Monetary Fund (IMF) of timely electricity price increases and the recovery of pending generation costs exceeding Rs210 billion, signaling a move to enhance the financial viability of the power sector. This commitment, made during ongoing talks for a $1.1 billion loan tranche release, includes potential privatisation of power distribution companies (DISCOs) under concession agreements, marking a significant policy shift by the Pakistan Muslim League-Nawaz (PML-N) government. Prime Minister Shehbaz Sharif’s recent formation of a committee to transfer DISCOs to provinces aligns with these assurances, reflecting…

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AKU Collaborates with Exide Pakistan for 3.3 MW Solar Photovoltaic Installation

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Aga-Khan

Aga Khan University (AKU) has embarked on its largest solar photovoltaic (PV) project to date, partnering with Exide Pakistan Limited for the installation at its Stadium Road Campus in Karachi, Pakistan. This initiative is part of AKU’s commitment to achieving net-zero emissions by 2030. The signing ceremony to kick off the project highlighted the importance of renewable energy in reducing greenhouse gas emissions and transitioning to clean energy systems. With Pakistan’s high solar irradiation, solar PV is an ideal solution for energy generation in the country. The project involves installing…

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Khyber Pakhtunkhwa Plans ‘Billion Tree Plus’ Project to Boost Forest Cover

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Billion-Tree

The Khyber Pakhtunkhwa government has announced its decision to launch the ‘Billion Tree Plus‘ project aimed at increasing forest cover in the province. This initiative was discussed in a meeting chaired by Chief Minister Ali Amin Khan Gandapur and attended by relevant officials, including Forest Minister Fazal Hakim and forest department representatives. During the meeting, officials briefed participants on various aspects of the forest department’s operations, including performance, targets, and administrative matters. Chief Minister Gandapur emphasized the importance of completing the groundwork for the new afforestation project and urged the…

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