Day: June 27, 2024

Islamabad: 27th June, 2024 PRESS RELEASE The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb chaired a meeting of the Economic Coordination Committee (ECC) of the Cabinet at Finance Division today. The meeting was attended by the Minister for Industries & Production Rana Tanveer Hussain, Minister for Petroleum Mr. Musadik Masood Malik, Minister for Power Sardar Awais Ahmad Khan Leghari, Minister for Planning Development & Special Initiatives Mr. Ahsan Iqbal, Minister of State for Finance & Revenue Mr. Ali Pervez Malik, Governor SBP, Dy Chairman Planning Commission, Federal Secretaries,…

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NEPRA, chaired by its chairman, held a hearing on K-Electric’s application for a seven-year multi-year tariff on Thursday, attended by senior officials from K-Electric.

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Panchromatic, ultra-thin solar cells could soon become reality WHAT JUST HAPPENED? The solar energy revolution might be about to shift into an even higher gear. Researchers in Germany have developed a groundbreaking new light-harvesting system that could drive a huge leap in solar cell efficiency by absorbing light across the entire visible range. For years, solar tech has been hamstrung by some fundamental limitations. Traditional silicon-based solar cells can absorb light across the entire visible spectrum, which is great, but they do so “weakly.” They also need to be thick – we’re…

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In the presence of His Royal Highness Prince Abdulaziz bin Salman bin Abdulaziz Al- Saud, Minister of Energy, the Saudi Power Procurement Company (SPPC) has signed Power Purchase Agreements (PPA) for three new solar photovoltaic projects. The agreements was signed with a consortium of ACWA Power Company, and the Water & Electricity Holding Company (Badeel), a wholly owned subsidiary of the Public Investment Fund (PIF), and Aramco Power, a fully-owned subsidiary of Saudi Aramco. These new projects with a capacity of 5,500 MW are part of the National Renewable Energy Program, which is…

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