Author: Admin

Experts Advocate for Solar Adoption to Bolster Pakistan’s Energy Resilience

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solar-panel

KARACHI: Energy experts are urging greater adoption of solar energy in Pakistan, emphasizing its potential to reduce dependency on fossil fuels, lower energy costs, and improve electricity access in remote regions. They argue that solar energy also promotes job creation, environmental sustainability, and contributes to a more resilient energy sector. The experts praised the government’s efforts to incentivize solar energy through net metering but cautioned against over-reliance on solar power, which, as seen in developed countries, can only sustainably contribute up to 20% of total grid capacity without harming grid…

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FPCCI Urges Accountability for IPPs as High Tariffs Strain Pakistan’s Economy

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fpcci-afghanistan

LAHORE: Zaki Aijaz, Vice President and Regional Chairman of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has called for urgent action from the task force on Independent Power Producers (IPPs) and Pakistan’s Power Sector Reforms to hold the country’s 40 IPPs accountable. In a statement on Friday, Aijaz underscored the increasing frustration among the public and business sectors over soaring electricity costs, which he attributed to unfavorable power purchase agreements with IPPs. Aijaz criticized the government’s substantial payments to non-operational or underutilized IPPs, highlighting that some plants…

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OCAC urges OGRA to thoroughly probe into unnecessary HSD imports to ensure oil industry’s survival

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OGRA

The Oil Companies Advisory Council (OCAC) has urged the Oil and Gas Regulatory Authority (OGRA) to thoroughly investigate the issue of unjust and unnecessary imports of High-Speed Diesel to ensure the survival of Pakistan’s petroleum industry.The demand to this effect is contained in a recent letter sent by the OCAC Chairman, Adil Khattak, to the OGRA Chairman.The OCAC Chairman informed the OGRA chief in the letter that the unjustified HSD imports by an Oil Marketing Company, which started at 15,000 MT per month have alarmingly increased to 40,000 MT per…

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Sindh Holds Workshop to Discuss 500 MW Floating Solar Power Project at Keenjhar Lake

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Solar-group

KARACHI: The Sindh Energy Department, in collaboration with the United Nations Development Programme (UNDP) and the United Nations Department of Economic & Social Affairs (UN DESA), hosted a stakeholder engagement workshop on Thursday to deliberate on the 500 MW Floating Solar Power Project at Keenjhar Lake in Thatta district. Held at a hotel in Karachi, the workshop is part of broader efforts to attract private sector investments through feasibility studies, investor matchmaking, and presentations at the SDGs Investment Fair. Key participants included representatives from various government departments such as energy,…

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Arshad Nadeem Makes History with Olympic Gold, Sets New Record

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Arshad-Nadeem

Arshad Nadeem Makes History with Olympic Gold, Sets New Record August 9, 2024 ISLAMABAD: Pakistan’s Arshad Nadeem has made history by winning the country’s first-ever Olympic gold medal in athletics, setting a new Olympic record in the javelin throw with a remarkable distance of 92.97 meters. This historic achievement marks Pakistan’s first Olympic gold since 1984 and its first medal in athletics, a monumental milestone for the nation. Nadeem’s victory came after he bested India’s defending champion Neeraj Chopra, securing the top spot with his record-breaking throw. “When I released…

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