Day: July 8, 2025

Titanium-Based Solar Panels 1,000 Times More Efficient Than Traditional Ones Developed in Japan

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solar boom

In a groundbreaking advancement, Japanese scientists have developed the world’s first titanium-based solar panel, which—according to initial reports—could be up to 1,000 times more efficient in energy conversion than conventional silicon-based solar panels. This new technology offers renewed hope for a revolution in the global energy sector. Limitations of Silicon Panels Silicon has long been the core material used in solar panel manufacturing due to its relatively low cost and abundance. However, with rising global energy demands, the physical and performance limitations of silicon are becoming more apparent, prompting the…

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Dewan Farooque Motors Assembles 300+ Units of ‘Honri-VE’ Electric Vehicle in Partnership with Eco-Green Motors

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New-Dewan

Dewan Farooque Motors Limited (DFML) has successfully assembled over 300 units of the Chinese electric vehicle ‘Honri-VE’ at its assembly facility within ten months of initiating EV production. In a notification to the Pakistan Stock Exchange (PSX), DFML stated that these units have been delivered to Eco-Green Motors Limited (EGML) under a toll manufacturing agreement for onward distribution to customers. “Referring to our earlier communication dated October 11, 2024, we hereby inform that more than 300 units of ‘Honri-VE’ have been assembled and handed over to Eco-Green Motors Limited,” the…

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Nepra Approves \$250/MW PPIB Fee as Pass-Through Cost to Consumers

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New-NEPRA

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved the annual \$250 per megawatt (MW) fee levied by the Private Power and Infrastructure Board (PPIB) as a pass-through charge in electricity tariffs, allowing Independent Power Producers (IPPs) to recover the cost from consumers. In its decision issued Monday, Nepra ruled that the fee — long contested by industrial and renewable energy stakeholders — is legal, justified, and consistent with the PPIB Act. The regulator concluded that PPIB plays a continuing statutory role even after the commercial operation date (COD)…

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Moonis Alvi Reappointed as CEO of K-Electric, Effective July 30

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Moonis-Alvi

KARACHI: K-Electric has officially reappointed Syed Moonis Abdullah Alvi as its Chief Executive Officer (CEO), extending his leadership role effective from July 30, 2025. The announcement was made through a notification to the Pakistan Stock Exchange (PSX) on Tuesday. Alvi, who first took over as CEO in June 2018, has been instrumental in steering the company through a period of transformation, spearheading major investments across the energy value chain. Among the most notable is the development of a 900MW RLNG-fired power plant, aimed at enhancing the city’s power generation capacity.…

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Govt Launches Rs2bn Scheme to Replace 88 Million Inefficient Fans, Targeting 7,000MW Energy Savings

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New-fan

ISLAMABAD: The federal government is set to roll out a landmark 10-year initiative to replace 88 million old and inefficient electric fans across Pakistan, aiming to significantly reduce energy consumption and promote energy-efficient appliances. Backed by a Rs2 billion fund under the innovative “On-Bill Islamic Financing” model, the scheme will cover all power distribution companies, including K-Electric. The programme will target nearly 60% of the 147 million fans currently in use nationwide. Expected to deliver peak energy savings of 6,000–7,000 megawatts, the plan is anticipated to be officially launched by…

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