Solis Certified Installer Program Training in Pakistan: Empowering Solar Professionals Across the Nation

Solis-1

Faisalabad, Pakistan – July 22, 2024 – Solis is proud to announce the successful completion of the first two training sessions of the Solis Certified Installer Program Training in Pakistan. Held on July 19th Gujranwala, July 20th Lahore and July 22nd Faisalabad these initial sessions marked the beginning of a comprehensive series of training events aimed at empowering solar professionals…

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Transforming Pakistan’s Power Sector: Operationalising a Competitive Wholesale Electricity

power-sector

The power sector’s transition from vertically integrated utilities (VIUs) to a competitive market structure has been a global trend since the 1980s, aimed at enhancing competition, efficiency, liquidity, reducing costs, and improving service quality. In the context of the Government of Pakistan (GoP), several challenges have hindered this transition since three decades.

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OGRA TAKES ACTION AGAINST MIXING OF CO2 WITH LPG

Islamabad: The Oil and Gas Regulatory Authority (OGRA) has taken serious note of the issue of mixing carbon dioxide (CO2) with liquefied petroleum gas (LPG) by illegal decanters. In response, OGRA conducted a high-profile meeting chaired by Mr. Masroor Khan, Chairman OGRA, along with authority members, enforcement, legal, and LPG teams. The meeting addressed the potential life risks associated with…

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Finance Minister Aurangzeb Optimistic About Securing $6bn IMF Deal This Month

New-IMF

ISLAMABAD: Finance Minister Muhammad Aurangzeb expressed optimism on Thursday about finalizing a $6 billion Extended Fund Facility (EFF) deal with the International Monetary Fund (IMF) within this month, having completed almost all prior actions ahead of time. Additionally, he mentioned reaching an agreement in principle with all provinces over the agricultural income tax. The government plans to request the IMF…

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PM Announces 3 Month Relief for Lifeline Electricity Consumers

Shahbaz-Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif announced a three-month relief package for lifeline electricity consumers whose monthly consumption remains below 200 units. The state broadcaster PTV News posted on X that the government will offer a Rs50 billion discount to these consumers in July, August, and September, benefiting 25 million consumers—94% of the country’s domestic electricity users. During a press conference…

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SSGC Halts Gas Supply to Pakistan Steel Mills Over Rs98 Billion Default

SSGC

ISLAMABAD: Sui Southern Gas Company Ltd (SSGC) has disconnected gas supply to Pakistan Steel Mills (PSM) due to chronic payment defaults amounting to Rs98 billion, including Rs75 billion in interest and late payment surcharges. The Karachi-based gas utility stated that PSM began partially defaulting on monthly gas bill payments in November 2008 and ceased all payments after March 2015. Despite…

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Fuel Crisis Hits Karachi and KP as Pumps Run Dry Amid Partial Strike

Partial-Strike

KARACHI/PESHAWAR: Despite the postponement of a planned strike by petroleum dealers on Friday evening, many consumers in Karachi faced difficulties obtaining petrol and diesel earlier in the day as several fuel pumps were either closed or out of stock. The strike was a protest against the government’s imposition of a 0.5% advance turnover tax, which the dealers argue would add…

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Petroleum Dealers Split Over Strike Amid Government Maneuvers

Over-Strike

ISLAMABAD – The ongoing dispute among petroleum dealers has intensified, with factions within the Pakistan Petroleum Dealers Association (PPDA) divided over a nationwide strike. The government has hinted at raising dealer commissions to mitigate the impact of turnover tax, while oil marketing companies (OMCs) are seeking a 60% increase in their profit margins. Strike Call and Division Abdul Sami Khan,…

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Major Power Tariff Hike Looms for Consumers

electricity-tariffs

ISLAMABAD – The National Electric Power Regulatory Authority (Nepra) has announced a public hearing on July 8 to discuss the proposed increase in electricity tariffs, which could pass an additional Rs700 billion burden onto consumers in the current fiscal year. This increase, set to take effect on July 1, 2024, will see the average national tariff rise by around Rs5.72…

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Petroleum products will be available nationwide, says govt after dealers strike call

Petroleum-prices

Petroleum products would remain available across the country, the Petroleum Division and the Oil and Gas Regulatory Authority (Ogra) said on Thursday amid the petroleum dealers’ decision to shut down petrol pumps from Friday (tomorrow) morning. In a joint statement, the two government organisations directed oil marketing companies to ensure the supply of petroleum products. The Petroleum Division also instructed oil marketing…

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