Year: 2024

Internet Disruptions Persist Across Pakistan, Hampering Work and Education

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Internet-Disruptions

KARACHI: Internet users across Pakistan, particularly in Karachi and other major cities, are experiencing severe connectivity issues as slow internet speeds continue to disrupt daily life. The sluggish internet has made sending and receiving multimedia messages on platforms like WhatsApp challenging, impacting both Wi-Fi and mobile data services. Those most affected include freelancers, digital marketers, students, and individuals working from home, as their productivity and learning are significantly hindered. In Karachi, areas such as Saddar, Liaquatabad, FB Area, and Gulistan-e-Jauhar are reporting severe slowdowns and, in some cases, complete Wi-Fi…

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CSAIL Seeks 3-Year LoI Extension for Mahl Hydropower Project Amid Energy Sector Challenges

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Dasu-Hydropower

ISLAMABAD: The China Three Gorges South Asia Investment Limited (CSAIL) has requested a three-year extension for the Letter of Interest (LoI) related to its 640MW Mahl Hydropower Project (HPP) to align its development with Pakistan’s evolving energy requirements, sources revealed. As the government explores options to address surplus energy capacity and rising tariff concerns, it is considering slowing down or revising several power projects, including the 4,500MW Diamer Bhasha Dam and Chashma-5. CSAIL, a subsidiary of China Three Gorges Corporation (CTGC), is a major player in Pakistan’s renewable energy sector,…

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Regal Automobiles Unveils Pakistan’s First Locally Assembled Electric SUV, Seres 3

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Regal-Automobiles

KARACHI: Regal Automobiles Industries Limited has marked a historic milestone in Pakistan’s automotive sector with the launch of the country’s first locally assembled electric SUV, the Seres 3. The unveiling ceremony, held at the company’s state-of-the-art plant, symbolizes a major leap towards sustainable and eco-friendly mobility in Pakistan. The Seres 3 features cutting-edge technology, including a Permanent Magnet Synchronous Motor (PMSM) and a 54 kWh lithium-ion battery, delivering an impressive range of up to 403 kilometers per charge (NEDC cycle). With a power output of 156 hp, 280 Nm of…

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CDWP Calls for Comprehensive Feasibility Study on Rs59 Billion ADB-Funded Power Projects

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New-CDWP

ISLAMABAD: The Central Development Working Party (CDWP) has directed the Power Division to conduct a detailed techno-economic feasibility study for ADB-funded power distribution projects worth Rs59 billion in three power Distribution Companies (Discos)—LESCO, MEPCO, and SEPCO. This directive follows concerns about the effectiveness of proposed Advanced Protection and Monitoring System (APMS) meters in addressing electricity theft, according to well-informed sources. The project costs are estimated at Rs27.6 billion for LESCO, Rs22.2 billion for MEPCO, and Rs9 billion for SEPCO. A meeting chaired by the Deputy Chairman of the Planning Commission…

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Global Solar Industry Leaders Announced in BloombergNEF Tier 1 Rankings for Q4 2024

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LONGi-Green

Global Solar Industry Leaders Announced in BloombergNEF Tier 1 Rankings for Q4 2024 December 2, 2024 BloombergNEF (BNEF) has released its much-anticipated Tier 1 PV module manufacturers’ rankings for Q4 2024, highlighting the industry’s leading players in solar photovoltaic (PV) manufacturing based on their financial stability and operational scale. Leading the rankings is LONGi Green, which recorded the highest annual module capacity at 120,000 MW, reflecting its robust production capabilities and significant role in meeting global solar energy demand. Sharing the top tier with LONGi is Jinko Solar, also boasting…

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