Author: Admin

Hexing Electrical Group to Establish Inverter Manufacturing Plant in Pakistan

Admin
Hexing-Electrical

ISLAMABAD: Hexing Electrical Group, a prominent Chinese business conglomerate, has announced its plans to establish a manufacturing facility in Pakistan’s renewable energy sector. The plant will focus on producing inverters and batteries, marking a significant milestone as the first of its kind in the country. Chairman Liangzhang Zhou, leading a delegation, discussed the proposed investment with Minister for Privatisation Abdul Aleem Khan during a meeting on Saturday. Mr. Zhou emphasized that Hexing operates in 90 countries with a workforce exceeding 7,000 employees and has already set up factories in 20…

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OIL AND GAS REGULATORY AUTHORITY

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OGRA

Islamabad, August 31, 2024: The Oil and Gas Regulatory Authority (OGRA) has notified the maximum Price of LPG, effective September 01 2024, as under; Notified LPG Producer prices  Rs. / Ton  Rs / 11.8 kg Cylinder September -2024  ( w.e.f  01-09-2024)    202,691.77 2,391.76 August -2024     195,696.31 2,309.22 Increase / (Decrease)       6,995.46   82.54     Notified LPG Consumer prices  Rs. / Ton  Rs / 11.8 kg Cylinder September -2024  ( w.e.f  01-09-2024)     243,991.77 2,879.10 August -2024      236,996.31 2,796.56 Increase / (Decrease)       6,995.46               82.54 2. …

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OGDCL Discovers Gas Condensate in Sindh’s Sanghar District

Admin
oil and gas

KARACHI: The Oil and Gas Development Company Limited (OGDCL) announced a significant gas condensate discovery at the Baloch-2 well in District Sanghar, Sindh. In a stock exchange filing on Friday, OGDCL reported that the discovery was made in the Sinjhoro Block, where OGDCL holds a 76% operating interest, alongside joint venture partners Orient Petroleum (19%) and Government Holdings Private Limited (5%). The gas condensate was found in the Sember Formation within the Baloch Development and Production Lease, under the Sinjhoro Exploration License. The Baloch-2 well, spudded on February 24, was…

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Govt Adopts Cautious Approach to Address IPP Issues: Power Minister

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Power-sector

ISLAMABAD: Power Minister Awais Leghari announced on Friday that a special task force is currently examining the challenges with independent power producers (IPPs) to find mutually agreeable solutions, emphasizing that the government will not take any unilateral adverse actions. Speaking before the Senate Standing Committee on Power, chaired by PTI Senator Mohsin Aziz, the minister stressed the importance of a careful approach. He noted that unaffordable tariffs have prompted a reassessment of estimated tariffs for upcoming projects like Diamer-Bhasha Dam and Chashma Nuclear’s C-5 to ensure their feasibility within the…

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PSA demands strict regulation of Pakistani clean energy market to stop sales of substandard solar products

Admin
Pakistan-Solar

The Pakistan Solar Association has severely decried the unchecked import and sale of substandard solar panels in the Pakistani markets by unaccredited dealers who brazenly fleece unsuspecting consumers in the country.The PSA raised as these concerns as its leadership recently held an interactive session with the media persons in Lahore to highlight the issue of low-quality solar products freely being available in the market much to the agony of the power consumers. According to the PSA leadership, the unchecked availability of such poor-quality solar products had been hampering the government’s…

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