Year: 2025

Government Collects Rs. 490 Billion in Withholding and Sales Tax via Electricity Bills in FY 2024-25

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New-KE

ISLAMABAD (Mehtab Haider): The government collected a staggering Rs. 490 billion from silent electricity consumers in the form of Withholding Tax (WHT) and General Sales Tax (GST) through power bills during the fiscal year 2024-25. This marks a significant decline of Rs. 110 billion compared to Rs. 600 billion collected in the previous fiscal year. The reduction in tax collection is attributed to a growing shift among households toward solar power solutions and the underperformance of the industrial sector. According to provisional data from the Federal Board of Revenue (FBR),…

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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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