Author: Admin

*Karachi Residents Face Rs3.04 Tariff Hike in December for July’s Fuel Cost Adjustment

Admin
NEPRA-KE

ISLAMABAD: Despite strong opposition from Karachi’s business, trade, and political sectors, the National Electric Power Regulatory Authority (NEPRA) has approved a fuel cost adjustment (FCA) of Rs3.04 per unit for K-Electric customers for electricity consumed in July. This increase will be reflected in December bills, replacing the Rs3.17 FCA charged for June consumption currently reflected in October bills. Earlier, NEPRA approved a Rs2.59 FCA for May and Rs3.17 for June, charged in October and November, respectively. K-Electric had requested a Rs3.09 FCA for July; NEPRA’s final decision adjusted this slightly…

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PSO’s 48th AGM Highlights Strong Growth, Innovation, and Shift Toward Renewable Energy

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State-Oil

Karachi, October 24, 2024: Pakistan State Oil (PSO), Pakistan’s leading energy company, held its 48th Annual General Meeting (AGM) in Karachi, led by Chairman Mr. Asif Baigmohamed. Managing Director & CEO Syed Taha, board members, and senior management attended the session. PSO reported robust financial performance for FY24, with a gross revenue of PKR 3.8 trillion and a profit after tax of PKR 15.9 billion, resulting in an earnings per share of PKR 33.79. A dividend of PKR 10 per share, marking a 100% payout for FY23-24, was declared. The…

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New Study Highlights Severe Air Pollution Crisis in Karachi, Urging Immediate Action

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Air-Pollution

Karachi: Rising air pollution in Karachi is creating severe respiratory health risks, particularly for men, the elderly, and those with existing lung conditions, reveals a recent study by Aga Khan University, published in Atmospheric Pollution Research. The study focused on urban populations in Pakistan and found alarmingly high levels of PM2.5 particles in Karachi’s air. These microscopic particles, easily inhaled, are linked to respiratory problems. Dangerous concentrations of PM2.5 and other pollutants like sulfate, ammonium, nitrate, and black carbon were detected across the city, particularly at busy sites like Korangi…

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Switzerland to Become the First Country to Roll Out Solar Panels Like Carpet on Railway Tracks

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Railway-Tracks

Switzerland, known for its remarkable train network, is set to become the first country in the world to install solar panels across railway tracks like a “carpet.” The green light for this groundbreaking project has been given, and Swiss company Sun-Ways plans to begin installing solar panels on railway tracks in the Neuchatel region by spring 2025. The company, collaborating with the Swiss Federal Institute of Technology, has developed a removable solar system specifically for this purpose. Joseph Scuderi, CEO of Sun-Ways, stated in an interview, “This is the first…

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GoodWe Opens Eco-Friendly Global Headquarters in Suzhou, Setting a New Benchmark in Sustainable Building Design

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GOODWE-Project

GoodWe, a leader in solar inverters and energy solutions, has inaugurated its new global headquarters in Suzhou, China, underscoring its commitment to sustainability and innovation in renewable energy. This cutting-edge glass structure, designed to accommodate thousands of employees, serves as both a global collaboration hub and an exemplar of green building practices. “We are committed to creating workspaces that encourage teamwork and embody our values in sustainability,” said Daniel Huang, Founder and CEO of GoodWe. “This new headquarters enables us to better serve the global market while promoting renewable energy.”…

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