Pakistan’s energy imports, including oil based commodities and LNG diminished by 20% in the initial nine months of the ongoing monetary year on the rear of decreased request. As per the energy imports information, oil imports barring LNG plunged by 23%
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The petroleum cost is probably going to observe a huge increment by around Rs10 per liter in the following fortnightly survey on an expansion in worldwide oil costs, as per industry sources on Friday.
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The National Electric Power Regulatory Authority (Nepra) has approved K-Electric to gather an extra charge of Rs0.5794 per unit from power purchasers on their April bills.This increment is because of the month to month fuel charges changes
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The power sector of Pakistan is facing a looming crisis due to a shortage of foreign exchange, as Independent Power Producers (IPPs) are at risk of shutting down their power plants due to non-payment of approximately $710 million. IPPs have written letters to the federal government, highlighting their outstanding payment issues and warning of severe financial loss if their concerns are not addressed.
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Intending to domestically produce wind turbines and contribute to Türkiye’s path toward increasing renewables’ share in electricity generation, Kalyon Holding has signed a preliminary agreement with defense giant Aselsan, its Chairperson Cemal Kalyoncu said Thursday.
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