Industry Sounds Alarm Over Rising Fuel Prices

Petrol-Diesel

KARACHI: Business leaders have raised serious concerns over the recent hike in petroleum product prices, warning that it will cripple industrial activity, drive up production costs, and erode the global competitiveness of Pakistani exports. The government has raised petrol prices by Rs5.36 and high-speed diesel (HSD) by Rs11.37 per litre, bringing the new rates to Rs272.15 and Rs284.35, respectively. Junaid Naqi, President of the Korangi Association of Trade and Industry (KATI), said that soaring input costs, including fuel, electricity, and gas, coupled with excessive taxation, are making it impossible for…

Read More

Solis Awarded Intellectual Property Management System Certification, Strengthening Global Innovation through Compliant Practices Ningbo,

Solis-Project

Ningbo, China – July 9, 2025 – Solis, a globally recognized leader in photovoltaic inverter manufacturing, has officially received the Intellectual Property Management System Certification by Zhong Gui (Beijing). This milestone underscores the company’s unwavering commitment to secure, compliant, and innovation-driven development in the smart energy sector. It marks a significant step in reinforcing Solis’ dedication to intellectual property (IP) protection, R&D integrity, and adherence to international standards—further cementing its status as a trusted partner in renewable energy worldwide. Intellectual Property Protection Fuels Smart Energy Innovation As the renewable energy…

Read More

LONGi and UNHCR power Bolan Medical Complex with solar energy system, saving Rs. 70 million annually

longi

QUETTA, July 2025: UNHCR, the UN Refugee Agency, and its private sector partner LONGi Green Energy Technology Co Ltd. have solarized the Bolan Medical Complex, which will save Rs. 70 million and reduce carbon emissions by 468 tonnes annually. This clean energy project marks a critical step toward sustainable healthcare benefitting both Afghan refugees and the Pakistani community in Balochistan. LONGi supplied its Hi-MO 9 modules featuring HPBC 2.0 technology for the project. The module delivers a power output of up to 670W with a conversion efficiency of up to…

Read More

Ogra Cuts RLNG Prices for July Amid Lower Import Costs

New-LNG

ISLAMABAD: The Oil and Gas Regulatory Authority (Ogra) has announced revised prices for re-gasified liquefied natural gas (RLNG), effective from July 1, 2025, reflecting a modest decline driven by lower Delivered Ex-Ship (DES) prices. According to the notification, both Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) will see reductions in RLNG prices for their transmission and distribution networks. For SNGPL, the transmission price has been reduced to \$10.8338 per million British thermal units (mmBtu), down by \$0.1816 or 1.65% from last month. The distribution price…

Read More

Port Qasim Power Plant Seeks Finance Minister’s Intervention Over Rs87.5 Billion Dues

Power-Plant

ISLAMABAD: Port Qasim Electric Power Company (PQEPC) has urged Finance Minister Muhammad Aurangzeb to intervene in clearing overdue payments amounting to Rs87.5 billion (approximately \$308.2 million) as of June 30, 2025, warning that delays now exceed six months and risk spiraling further. In a formal communication, PQEPC CEO Wang Min highlighted the growing dissatisfaction of Chinese and Qatari shareholders over the payment backlog and cautioned that the company reserves the legal right to suspend operations under Section 9.10 of the Power Purchase Agreement (PPA) without incurring any penalties. Wang noted…

Read More