Category: Highlights

Two lac Sindh families to get Solar panels at affordable rates; Check prices, dates other scheme details

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solar-panel-at-afforable-rate

KARACHI – Pakistan’s hunger for energy is growing fast amid surge in population and due to other factors, and now the government is stepping in to provide solar setups to deserving families. The distribution of solar energy among Sindh families offers energy accessibility for all, environmental sustainability, and less burden on government energy generation. It also provides electricity to remote areas, reducing reliance on fossil fuels and axing emissions. To empower people generate their energy, the governments of Punjab and Sindh have announced plans for solar panels to the public at affordable…

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PM Forms Committee to Evaluate Additional Utility-Scale Renewable Energy Projects

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solar-panel

ISLAMABAD: Prime Minister Shehbaz Sharif has established a committee to assess the benefits of additional utility-scale renewable energy projects in the public sector. According to sources, the committee will independently evaluate the technical, commercial, and economic parameters of integrating additional solar capacity into the power system, as reported by Business Recorder. The committee comprises the following members: Musadik Malik, Minister for Petroleum (Convener)Capt Muhammad Mahmood (retired), Secretary IT&T (Member)Waseem Mukhtar, Chairman Nepra (Member)Fiaz Ahmed Chaudhry, LUMS (Member)Gerwin Dareesmann, Renewable Energy Expert (Member)Muhammad Shaid, CEO Pak Solar (Member)Syed Faizan Ali Shah,…

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Seminar on net metering, distributed generation policies Well-off power consumers having rooftop solar systems be permitted to donate excess electricity to charitable causes in Pakistan

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Hopewind-Group

Karachi: Well-off consumers with rooftop solar systems should have the opportunity to donate excess clean energy to charitable causes, benefiting deserving segments of society. Moin M Fudda, former managing director of the Karachi Stock Exchange and ex-chairman of Central Depository Company of Pakistan, suggested this to the government regarding the potential revision in net metering policy in the country. Fudda, a prominent figure in the Pakistani and foreign insurance industry, made these remarks at a seminar on net metering and distributed generation policies organized by Hopewind. He emphasized that incorporating…

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Previous flawed decisions hampering improvement in power sector?

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CPEC-IPPs

ISLAMABAD: Pakistan’s power sector has shown little, if any, sign of improvement in decades due to the irreversibility of past flawed decisions including contracts signed under the umbrella of the China Pakistan Economic Corridor (CPEC) that favour the Independent Power Producers (IPPs), coupled with the policy of net metering allowed for solarisation thereby overburdening the remaining consumers through ever rising tariffs to meet full cost recovery objectives specified by multilateral lenders including International Monetary Fund (IMF), World Bank (WB) and Asian Development Bank (ABD). In addition, informed sources told this…

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