Author: Admin

PPIB Develops New Arrangements for Thatta Cat-III Wind Projects

Admin
wind_energy

The Private Power & Infrastructure Board (PPIB) has introduced new arrangements for Category-III wind projects in Thatta, aiming to facilitate the purchase of 300 MW of electricity by K-Electric (KE) through its transmission network, according to sources familiar with NEPRA’s information. The Managing Director of PPIB, Shah Jahan Mirza, communicated these developments in a letter to NEPRA’s Chairman, Waseem Mukhtar. The new arrangements stem from a decision by the Cabinet Committee on Energy (CCoE) in February 2019, subsequently endorsed by the Council of Common Interests (CCI) under the Alternate Renewable…

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IMF Urges Full Utilization of Power Plants to Lower Tariffs

Admin
power-sector

The International Monetary Fund (IMF) has recommended strategies to reduce power tariffs for various consumer categories, emphasizing the need to fully utilize new power plants and optimize the energy mix. According to sources in the Ministry of Finance, the IMF has advised the government to operate new power plants at maximum capacity to effectively meet the country’s energy demands. Currently, consumers face an annual burden of around Rs2 trillion in capacity charges due to underutilization of these plants. The IMF proposes lowering industrial tariffs by reducing capacity charges, which could…

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Solis Celebrates Ninth Consecutive EUPD Top Brand PV Award, Marking a Legacy of Excellence

Admin
New-Solis

Ginlong (Solis) Technologies, one of the most experienced and the third largest inverter manufacturers in the world, is delighted to announce that it has been awarded the prestigious seal of recognition for ‘Top PV Inverter Brand’ in the Netherlands by global market research organisation, EUPD.  The award marks the 9th consecutive year that Solis has been privileged with an EUPD seal, affirming its continued commitment to excellence in the field. This repeated accolade is a testament to Solis’s consistent pursuit of innovation, exceptional product reliability, and the trust it has…

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Federal Minister for Power Sardar Awais Ahmad Khan Leghari Vows to Combat Electricity Theft, Labels it ‘Economic Terrorism’ in address to the DISCOS Chairmen and CEOs

Admin
New-0003

Islamabad: The Federal Minister for Power, Sardar Awais Ahmed Leghari, addressed the Chairmen and Chief Executive Officers (CEOs) of Power Distribution Companies (Discos) through a video link. The focus of the discussion centered on combating electricity theft, which the Minister referred to as a form of economic terrorism that has severely impacted the country’s economy. Minister Leghari emphasized the urgent need to address electricity theft, citing its detrimental effects on the national economy. He encouraged officials of Discos to leverage technology and innovation in their efforts to eradicate power theft.…

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Petroleum Prices to Hike Again in Pakistan Amidst IMF Demand

Admin

Sources suggest that Pakistan is gearing up for yet another increase in petroleum prices, with petrol expected to surge by Rs9.5 per liter from April 1. This hike could push the new price of petrol to range from Rs279.75 to Rs289.25. Additionally, the government is contemplating raising the petroleum levy from Rs60 to Rs100 per liter to meet IMF demands. Read also: Interim Government Hikes Petrol Price by Rs 4.13/L The proposal includes imposing General Sales Tax (GST) on petroleum, aiming to restore the standard 18% rate as demanded by the IMF.…

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