Month: March 2025

Nepra May Hold Public Hearing on Revised Net-Metering Buyback RatesPower Division’s Proposal Sparks Concerns Among Solar Consumers

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NEPRA-Office

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is expected to hold a public hearing on the revised buyback rates for net-metering consumers, following guidelines from the Power Division after formal approval from the federal cabinet, sources revealed. The Economic Coordination Committee’s (ECC) recent decision on net-metering has raised concerns among existing and potential solar consumers, as well as companies installing solar PV systems. Consumer groups may challenge the proposed revisions, arguing they contradict the government’s commitment to promoting clean energy. Introduced in 2015 to address energy shortfalls and boost…

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Karachi’s Green Space Shortage Heightens Climate Risks

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Green-Space

KARACHI: A groundbreaking study using Artificial Intelligence (AI) and satellite imagery has revealed a severe shortage of green spaces in Karachi, putting residents at heightened risk from climate change. Researchers from Aga Khan University (AKU) and New York University found that Karachi has only 4.17 square meters of green space per capita—less than half of the World Health Organization’s recommended minimum of 9 square meters. This shortfall intensifies the urban heat island effect, worsens air pollution, and disproportionately impacts lower-income communities. “Green spaces are not just for aesthetics—they are crucial…

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K-P Completes 10.2MW Jabori Hydropower Project Project to Generate Rs405 Million Annually for Province

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Jabori-Hydropower

PESHAWAR: The Khyber-Pakhtunkhwa government has successfully completed the 10.2MW Jabori Hydropower Project in Mansehra District using its own resources. The project is set to generate 71.1 GWh of affordable electricity annually, which will be added to the national grid. An agreement for the sale of electricity was signed with PESCO in August, ensuring an annual revenue of Rs405 million for the province. Officials, including Special Assistant to the Chief Minister on Energy & Power Tariq Sadozai, Secretary Energy & Power Muhammad Zubair Khan, and PEDO Chief Executive Irfanullah Khan, hailed…

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Govt’s IPP Deal Revisions Secure Rs1.3 Trillion in Savings Consumers to Benefit as Power Sector Reforms Progress

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IPPs-Project

ISLAMABAD: The renegotiation of agreements with Independent Power Producers (IPPs) has resulted in lifetime savings of Rs1.3 trillion, with the government actively working to pass these benefits on to electricity consumers, the Power Division announced on Tuesday. Electricity consumers have been paying Rs2.5 to 2.8 trillion annually in capacity charges to IPPs, some of which received payments without generating electricity due to flawed past agreements. To address this issue, the government renegotiated contracts to lower capacity payments, leading to a Rs7 per unit reduction in electricity tariffs. Efforts are underway…

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Net Metering Changes Pose Threat to Solar Industry PSA Chairman Warns Move Will Drive Consumers Off-Grid

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Net-Metering

LAHORE: Pakistan Solar Association (PSA) Chairman Waqas Moosa has cautioned that proposed amendments to net metering regulations will severely impact the solar industry, particularly affecting residential users and Small and Medium Enterprises (SMEs). The new regulations aim to extend the payback period for on-grid photovoltaic (PV) systems from the current 1.5 years to approximately three years. In contrast, hybrid solar systems with lithium-ion batteries already offer a payback period of under three years, with technological advancements expected to further reduce this duration. “We foresee a sharp rise in demand for…

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