Residents Demand Urgent Action as Dangerous HESCO Installations Endanger Lives

power-subsidy

KUNRI: Residents of Khalid Colony are living in constant fear due to the hazardous state of Hyderabad Electric Supply Company (HESCO) installations in their densely populated area, posing a severe threat to lives and property. The perilous condition of electricity transformers placed dangerously close to residential buildings, coupled with dangling electric meters and exposed high-voltage lines, including an 11,000-volt mainline, has left residents in distress. Multiple residents, including Shah Zaib Khaskheli, Saddam Khaskheli, Jehanzeb Khaskheli, Shaukat Khaskheli, and others, have raised concerns about the imminent danger these installations pose. They…

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Navigating the Solar Power Pricing Dilemma: Balancing Renewables and Economic Viability

solar-energy

The ongoing debate over solar power pricing in Pakistan underscores a delicate balance between advancing renewable energy goals and ensuring economic feasibility. Net metering, a billing method enabling consumers to utilize self-generated power, particularly from solar panels, has gained prominence. Pakistan, with a solar power potential of 40GW and a target to source 20% of its electricity from renewables by 2025, faces a pivotal moment in its energy transition. Historically reliant on fossil fuels, recent shifts towards renewables have been supported by policies like the Alternative and Renewable Energy Policy…

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Pakistan Seeks Investment Boost as Saudi Delegation Arrives

Saudi-Delegation

A significant Saudi delegation, led by Deputy Investment Minister Ibrahim Almubarak, has landed in Islamabad for a three-day visit focused on exploring investment opportunities. Pakistan is keen on attracting foreign investments, particularly from Saudi companies, to bolster its exports and economic growth. The delegation received a warm welcome from Commerce Minister Jam Kamal and Petroleum Minister Musadik Malik upon arrival at the Nur Khan airbase, as reported by the Ministry of Commerce. The visit aims to strengthen trade ties and identify investment prospects across various sectors of the Pakistani economy.…

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Power Cement Inks Agreement With Solar Company to Build 9.6 MW Wind Power Plant

Power Cement Limited (PSX: POWER) has signed a term sheet with Burj Solar (Private) Limited (Burj Solar) for the development and financing of a 9.6 MW wind power project at the Company’s premises, the cement producer told the main bourse on Friday. “This project is an effort to reduce our reliance on fossil fuels and promote sustainable development,” the stock filing stated. Salient features of the term sheet include the following: Power Cement Limited’s principal activity is manufacturing, selling, and marketing of cement.

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UK’s 1st waterless hydro-energy storage to offer 2.5 times more power

RheEnergise, a UK-based energy startup developing new high-density hydro storage technology, is setting up a 500 kilowatt (kW) demonstrator at a mining site near Plymouth. The first-of-its-kind facility aims to help decarbonize the site’s energy consumption and is supported by the government’s Longer Duration Energy Storage (LODES) Demonstration Programme.  Water-based energy storage isn’t a radically new concept. Additional power generated from renewable energy plants can be used to pump water up from a lower reservoir to one located at a higher level.  When the energy supply is low, water from…

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