Category: Highlights

Solis Celebrates Ninth Consecutive EUPD Top Brand PV Award, Marking a Legacy of Excellence

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New-Solis

Ginlong (Solis) Technologies, one of the most experienced and the third largest inverter manufacturers in the world, is delighted to announce that it has been awarded the prestigious seal of recognition for ‘Top PV Inverter Brand’ in the Netherlands by global market research organisation, EUPD.  The award marks the 9th consecutive year that Solis has been privileged with an EUPD seal, affirming its continued commitment to excellence in the field. This repeated accolade is a testament to Solis’s consistent pursuit of innovation, exceptional product reliability, and the trust it has…

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Petroleum Prices to Hike Again in Pakistan Amidst IMF Demand

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Petroleum-prices

Sources suggest that Pakistan is gearing up for yet another increase in petroleum prices, with petrol expected to surge by Rs9.5 per liter from April 1. This hike could push the new price of petrol to range from Rs279.75 to Rs289.25. Additionally, the government is contemplating raising the petroleum levy from Rs60 to Rs100 per liter to meet IMF demands. Read also: Interim Government Hikes Petrol Price by Rs 4.13/L The proposal includes imposing General Sales Tax (GST) on petroleum, aiming to restore the standard 18% rate as demanded by the IMF.…

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Chairman WAPDA visits Dasu Project to express solidarity with Chinese firm

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New-01

March 27, 2024: Chairman WAPDA Engr Lt Gen Sajjad Ghani (Retd) visited Dasu Hydropower Project today to express solidarity with the Chinese engineers and the workers, who are serving at the Project. He reached there in the wake of a terrorist attack near Besham in Khyber Pakhtunkhwa, killing five Chinese and a local on their way to Dasu Hydropower Project site from Islamabad the other day. China’s Ambassador to Pakistan, H.E. Mr. Jiang Zaidong together with Chairman Ghani spent time with Chinese workforce at the project site. At the Construction…

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“Turkmenistan Raises Concerns Over Delay in TAPI Pipeline Implementation”

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TAPI-gas

Turkmenistan’s ambassador has voiced concerns regarding the prolonged delay in the implementation of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project, highlighting the urgency of advancing this critical energy initiative. Despite the commercial deal signed decades ago by Turkmenistan, Afghanistan, Pakistan, and India for gas sale and purchase, progress on the TAPI pipeline has been stalled, causing apprehension, particularly for Pakistan, which faces recurring gas scarcity challenges. In a meeting with Turkmenistan Ambassador Atadjan Movlamov, Petroleum Minister Dr. Musadik Malik reaffirmed Pakistan’s unwavering commitment to advancing the TAPI project. He emphasized the…

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“PSO Sounds Alarm Over Rising Circular Debt, Urges Payment of Rs550 Billion Dues for LNG Supply”

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pso

Pakistan State Oil (PSO) has raised concerns about the escalating circular debt in the energy supply chain, particularly in liquefied natural gas (LNG) sales, warning of potential disruptions if outstanding dues are not addressed promptly. In a letter addressed to the managing director of Sui Northern Gas Pipelines Limited (SNGPL), PSO highlighted the critical issue of increasing outstanding payments for LNG supplies, which have reached a staggering Rs550 billion. This substantial debt accumulation poses a significant threat to the smooth functioning of the entire energy supply chain. PSO’s management emphasized…

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