Karachi FPCCI Standing Committee on Energy, under the chairmanship of Malik Khuda Bakhsh, held an emergency meeting to highlight the devastating impact of exorbitant electric charges on Pakistan’s economy and condemned these high rates. It was stated that the entire burden has been placed on the public to favor 40 IPPs. In the country, 25% of IPPs are closed, and these closed IPPs are receiving monthly payments of Rs 10 billion, causing the national economy to sink further into crisis. Additionally, IPPs are charging capacity charges of Rs 24 per…
Read MoreDay: July 22, 2024
President SAI demands rationalization of power tariff
KARACHI: President of SITE Association of Industry Muhammad Kamran Arbi has, in a press statement, demanded the government to seriously look into the matter of exorbitant electricity tariff for all categories of consumers, particularly export and general industries tariff and rationalize the same taking into consideration the actual cost of per unit production. He said that there is much unrest amongst business community due to very high electricity bills. The high energy tariff is fast making industries – export oriented, and otherwise – uncompetitive in the international markets where Pakistan’s…
Read MoreEnsuring a Fair, Transparent, and Efficient Power Sector in Pakistan
Delve into the critical aspects of creating a fair, transparent, and efficient power sector in Pakistan. This blog discusses essential policy reforms, the role of renewable energy, and strategies for fostering sustainable economic growth in the country’s energy landscape.
Read MoreComplexity of Power Supply and Delivery
In addition to the belated notice of the IPPs and the killing capacity payments in PPAs with them, the complexity of the power supply and delivery business is often underestimated.This misunderstanding leads to advice from individuals, including a former minister, to renegotiate or revise PPAs on a “take-and-pay” basis instead of the “take-or-pay” arrangement, treating it as a simple fix.
Read MoreSolis Certified Installer Program Training in Pakistan: Empowering Solar Professionals Across the Nation
Faisalabad, Pakistan – July 22, 2024 – Solis is proud to announce the successful completion of the first two training sessions of the Solis Certified Installer Program Training in Pakistan. Held on July 19th Gujranwala, July 20th Lahore and July 22nd Faisalabad these initial sessions marked the beginning of a comprehensive series of training events aimed at empowering solar professionals across the country. The Solis Certified Installer Program is designed to equip installers with the knowledge and skills necessary to effectively implement Solis’ innovative solar solutions. Participants in the program…
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