ISLAMABAD: In a bid to meet the International Monetary Fund’s (IMF) key demand of ending circular debt, the government has decided to increase the gas tariff for fertiliser plants from this month, sources told Geo News. Officials, who spoke to Geo News on the condition of anonymity, shared that the ministries of finance, petroleum, and industries have started working on increasing gas prices for fertiliser manufacturers. As per the decision, the factories will be supplied gas at the rate of Rs580 per MMBtu compared to the Rs302 per MMBtu they…
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LONGi unveils Hi-MO X6, a new brand identity for its distributed products
Xi’an, China, October 2nd, 2023 – LONGi has announced an upgrade to the branding of its distributed products – Hi-MO X6 – highlighting its commitment to the enhancement of the user experience globally. Having undertaken a thorough analysis of customer needs and expectations, the company has long recognized the market’s requirement for the combination of quality and innovation, a need addressed by the Hi-MO 6 module, which incorporates advanced HPBC cell technology specifically designed for distributed scenarios. In order to more effectively reflect the core value of the product, its…
Read MorePower tariff for Karachi up by Rs4.45/unit
KARACHI: Electricity tariff for Karachi has been increased by Rs4.45 per unit. After Nepra’s decision, the Power Division issued an official notification. According to the notification, the increase was made in the first quarter adjustment of the previous financial year. Additional collections from K Electric customers will be made in October and November 2023, the notification said. Meanwhile, the National Electric Power Regulatory Authority (Nepra), in response to a request by K-Electric, has approved the inclusion of actual or prudent expenses related to the temporary operation of Unit-3 of Bin…
Read MoreThrough utilizing the latest AI and reflecting a more Saudi identity
Saudia Enters a New Era Through Major Re-brand Strategy Jeddah, Saudia, the national flag carrier of Saudi Arabia, revealed its new brand identity and livery during a milestone event in Jeddah, in the presence of Royal Highnesses, Excellencies and leaders from both the public and private sectors, as well as prominent media correspondents and aviation experts. This new identity is in line with a wider strategic digital transformation plan aimed at strengthening the airline’s support for the Kingdom’s Vision 2030 to bring the world to Saudi Arabia. The rebrand marks the…
Read MoreDiscos allowed to extract Rs26.5bn more
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified an additional fuel cost adjustment (FCA) of Rs1.71 per unit for consumers of ex-Wapda distribution companies (Discos) with a net financial impact of Rs26.5 billion for electricity consumed in August. The “adjustment of Rs1.7141/kWh shall apply to all the consumer categories except Electric Vehicle Charging Stations (EVCS) and lifeline consumers. The said adjustment shall be shown separately in the consumers’ bills based on units consumed in August. Discos shall reflect the fuel charges adjustment in respect of July in…
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