Month: January 2025

Nepra Announces Refunds for Power Consumers; Probes Delays in Lahore North Line

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Nepra-KE-1

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved negative Fuel Cost Adjustments (FCA) for January’s bills, offering relief to power consumers of ex-Wapda distribution companies (Discos) and K-Electric (KE). The refunds include a 76-paisa per unit adjustment for Discos’ consumers and a 49-paisa per unit adjustment for KE’s consumers. The adjustments were based on power consumption in November for Discos and October for KE. Nepra increased the refunds beyond the amounts initially proposed by the utilities, enhancing the refund for Discos from 63 paise to 76 paise per…

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Historic Surge in Electricity Tariffs During PM Shehbaz Sharif’s Tenure

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Your-Bill

Electricity tariffs in Pakistan reached unprecedented levels during Prime Minister Shehbaz Sharif’s tenure, with an increase of PKR 25.76 per unit over two and a half years, including a permanent surcharge. According to private TV reports, this marks the highest tariff hike under any Pakistani prime minister. Details reveal a historic PKR 22.53 per unit hike in the base tariff during the tenure, alongside a permanent surcharge of PKR 3.23 per unit. Combined, these charges resulted in an unprecedented rise in electricity costs for consumers. Over the two-and-a-half-year period, the…

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1st Pakistani trade delegation will visit Bangladesh this week President FPCCI

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FPCCI

35 businessmen will meet with Chief Advisor BD Mohammad Younus and other high profile officials Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that FPCCI is taking a prominent multi-sectoral exporters’ delegation to Bangladesh this week to strive for a breakthrough in economic, commercial and trade relations between the two countries. The delegation is looking forward to meet Dr. Muhammad Yunus, Chief Advisor to the interim government of Bangladesh and Sheikh Bashir Uddin, commerce advisor to the interim government, he added. Mr. Atif Ikram Sheikh stressed that the business,…

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Sindh govt set to inaugurate first segment of Malir Expressway on Jan 11

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Karachi (Jan 7): Sindh Chief Minister Syed Murad Ali Shah is set to inaugurate the first segment of the highly anticipated Malir Expressway, a state-of-the-art, high-speed corridor on January 11. The initial 9.1 km stretch, which runs from Korangi Causeway to Shah Faisal, represents a significant milestone in Karachi’s infrastructure development, promising improved connectivity and reduced traffic congestion. This decision was taken during a high-level meeting chaired by Sindh CM Murad Ali Shah at the New Secretariat, where the project’s final progress was reviewed. Minister for Local Government Saeed Ghani,…

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JinkoSolar Files Patent Lawsuit Against Longi Over TOPCon Technology

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Jinko-Solar

JinkoSolar Files Patent Lawsuit Against Longi Over TOPCon Technology January 7, 2025 JinkoSolar has initiated legal action against Longi, accusing the company of infringing on its proprietary TOPCon solar cell technology. “JinkoSolar has demanded Longi cease infringing on the relevant patents and compensate for economic losses,” a company spokesperson told pv magazine. The lawsuit, filed by JinkoSolar’s subsidiary Shangrao Xinyuan Motion Technology Development, was accepted by the Nanchang Intermediate People’s Court and is set for a hearing on February 13, 2025. The complaint alleges that Longi unlawfully utilized Jinko’s TOPCon…

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