Category: Blog

KE SPEARHEADING UTILITY SCALE RENEWABLE ENERGY IN PAKISTAN

Admin

Ambitious 640MW combined solar PV projects plannedKarachi, May 4, 2024 – K-Electric (KE) has taken a significant leap in inducting a sustainable energy future. At a recent roadshow event the power utility showcased its ambitious solar PV based power projects that will establish 640 MW of renewable energy across its service territory, aligning with its vision of achieving a 30% share of renewable energy generation in its fuel mix by 2030. Over 100 local and international institutions were given an overview on KE’s plans to add 150 MW and 270MW…

Read More

Irani Diesel ⛽️ back to 10,000,000 lites per day. Valued @$100/ bbl delivered C&F Karachi ; this amounts to $2.3 Billion per annum.

Admin
iranian-diesel

Irani Diesel ⛽️ back to 10,000,000 lites per day. Valued @$100/ bbl delivered C&F Karachi ; this amounts to $2.3 Billion per annum. Mostly paid by hundi/ hawal from Dubai to Iranian Dealers. 95% is delivered under informal Parchi system introduced in 2021 by FC( Dawn Business Reprt May 2nd 2024). About 10 million( including 3 million Baluch) , population depends on Irani Diesel Trade throughout country . With six dependents per family, 60-70 million population livelihood depends on this diesel and other smuggled Irani items. . 25-30 % of…

Read More

The Solar Power Duck Curve

Admin
solar-power

With the increasing demand for electricity as the world shifts away from fossil fuels, cleaner sources of energy like solar and wind are becoming more and more common. However, as more solar power is introduced into our grids, operators are dealing with a new problem that can be visualized as the “duck curve.” Utility companies use models to predict demand and operate as efficiently as possible by supplying more power during times of higher demand. But the introduction of solar power has brought about problems in these demand curve models.…

Read More

Pakistan’s Economic Outlook: Navigating Challenges and Embracing Growth in 2024

Admin
pakistan-economy

In a recent report by Bloomberg economist Ankur Shukla, Pakistan’s economic landscape is poised for recovery, projecting a growth of 2.1 percent in the fiscal year and a significant acceleration to 4.8 percent in fiscal 2025. Several factors contribute to this optimistic outlook, including the approval of a $700 million loan tranche from the International Monetary Fund (IMF) in November, easing supply bottlenecks, lower interest rates, and positive agricultural indicators. IMF Support and Fiscal Landscape: The approval of the IMF loan tranche in November has played a pivotal role in…

Read More

Navigating Pakistan’s Economic Landscape: Elections, Economic Trends, and the Path to Stability”

Admin
pakistan-economy

Introduction: As Pakistan gears up for general elections scheduled for February 8, there are signs of optimism regarding the resolution of the country’s economic and political challenges. The announcement of a firm election date, following consultations between the Election Commission of Pakistan and the president, has put an end to speculation and controversy. Despite concerns raised by major political parties about the fairness of the upcoming elections, the focus is shifting towards forging alliances and preparing for the crucial polls. Political Dynamics: The political scenario is marked by the imprisonment…

Read More