The Power Division on Friday announced a power relief scheme — called the “Bijli Sahulat” package — offering reduced electricity rates to consumers to encourage electricity use during the low-demand winter season. On Thursday, the division also announced on X that the National Electric Power Regulatory Authority (Nepra) notified an Rs1.28 per unit decrease in electricity charges due to the adjustment of fuel prices in September. Meanwhile, in September, Nepra allowed an Rs1.743 per unit increase in electricity rates across the country for three months — Sept to Nov — to provide Rs43.23 billion…
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Global Solar Capacity Surpasses 2 Terawatts, Paving Path to Climate Goals
LONDON, (Reuters) –The global solar industry has achieved a new milestone, reaching 2 terawatts (TW) of installed capacity, with more solar power added in the past two years than in the previous 68 combined, according to exclusive data shared by the Global Solar Council. This updated figure, which includes often-overlooked small rooftop installations, offers the most comprehensive view of solar deployment to date. With this 2 TW capacity milestone, enough solar energy is now generated globally to power around 92 million U.S. households, the Council reported. Sonia Dunlop, CEO of…
Read MoreQatar Defers 5 LNG Shipments to 2026, Easing Pakistan’s Supply Surplus
ISLAMABAD: In a relief measure for Pakistan’s energy sector, Qatar has agreed to postpone five LNG shipments from 2025 to 2026, addressing Pakistan’s current oversupply situation. This deferral, secured under a flexible clause within Pakistan’s two government-to-government (G2G) agreements with Qatar, follows a request made by Prime Minister Shehbaz Sharif during his recent visit to Doha, confirmed a senior Ministry of Energy official. Pakistan has been experiencing an LNG surplus, with gas consumption dropping sharply, impacting the national pipeline network. The reduced demand, due to slowed GDP growth and decreased…
Read MoreIPP Alleges Forced Contract Renegotiations, Offers Contract Termination
ISLAMABAD: M/s Sapphire Electric Company Limited (SECL) has raised concerns over what it claims to be the fourth instance of forced renegotiations of sovereign power contracts. The company’s CEO, Shahid Abdullah, suggested in a letter to Prime Minister Shehbaz Sharif that SECL would be willing to terminate its contract and forgo capacity payments if the government accepts its proposals. In contrast to the Task Force on Energy’s assertion of mutual consent in ongoing negotiations, other independent power producers (IPPs) have also expressed similar reservations in a joint letter to the…
Read MorePakistan Showcases Fusion Energy Research at IAEA Meeting
ISLAMABAD: Dr. Raja Ali Raza Anwar, Chairman of the Pakistan Atomic Energy Commission (PAEC), led Pakistan’s delegation at the inaugural ministerial meeting of the IAEA’s World Fusion Energy Group (WFEG) in Rome. During the meeting, Dr. Anwar highlighted Pakistan’s contributions to fusion energy research, sharing details of the country’s development of a glass and two metallic Tokamaks as part of its dedicated fusion research program. He noted that Pakistan is currently in the process of designing a medium-sized Tokamak for further research purposes, underscoring the nation’s commitment to advancing fusion…
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