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…
Read MoreYear: 2025
OGDCL Boosts Oil and Gas Production at Rajian-05 Well in Chakwal Through Successful ESP Installation
ISLAMABAD, July 7, 2025: Oil and Gas Development Company Limited (OGDCL) has successfully enhanced production at its Rajian well -05 in Chakwal district by installing an Electrical Submersible Pump (ESP), resulting in a significant increase in oil and gas output. Following a planned workover and ESP deployment, production from Rajian-05 has increased to 3,100 barrels of oil per day (BPD) and 1.0 million standard cubic feet per day (MMSCFD) of gas. Prior to this intervention, the well was producing 820 BPD of oil and 0.5 MMSCFD of gas. Rajian Field,…
Read MoreSolis Awarded ISO 27001 Certification for Information Security Protecting the backbone of smart solar: monitoring, AI automation, and connected control systems
Ningbo, China – July 2025: Solis, renowned as one of the most experienced and largest inverter manufacturers globally, has been awarded the ISO/IEC 27001:2022 Information Security Management System certification by TÜV Süd – a renowned and trusted testing and certification body. The news marks a milestone in Solis’ mission to provide not just world-leading technology, but secure and future-ready digital solutions for its customers. With smart energy systems becoming more connected, cybersecurity is now a priority for distributors, installers and end-users alike. This certification is internationally recognised as the gold…
Read MoreFBR Collects Rs. 490 Billion in Taxes via Electricity Bills in FY25
ISLAMABAD: The Federal Board of Revenue (FBR) collected nearly Rs. 490 billion in taxes through electricity bills in FY2024-25, a drop from Rs. 600 billion in the previous fiscal year. The revenue comprised Withholding Tax (WHT) and General Sales Tax (GST), primarily passed on to consumers via monthly power bills. This decline coincided with a 3.6% reduction in overall electricity consumption, which fell to 80,111 GWh during July–March FY25 from 83,109 GWh in the same period last year. Industrial power usage saw a sharp drop, plummeting from 28,830 GWh in…
Read MoreGovt Mulls Lifting Ban on New Gas Connections Amid LNG Surplus
ISLAMABAD: The federal government is considering lifting the ban on new gas connections to absorb surplus imported LNG, safeguard pipeline infrastructure, and avoid breaching sovereign LNG supply contracts. The Ministry of Finance has proposed revisiting the 2022 ban, highlighting that excess LNG imports are straining foreign exchange reserves due to high procurement costs. Currently, over 3.5 million new gas connection applications are pending with Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL). The ban on new gas connections was first imposed in 2009, partially relaxed…
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