Category: Highlights

Sindh’s 45 clean energy projects having over 3,000 MWs production capacity waiting approval under competitive bidding regime

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wind-power

Karachi Forty-five proposed clean energy projects to be installed in Sindh with a cumulative generation capacity of over 3,000 megawatts have been waiting for their approval under the competitive bidding regime, whose auction has to be conducted by the federal government.Sindh Energy Minister Syed Nasir Hussain Shah passed on this information to Chief Minister Syed Murad Ali Shah, who chaired a meeting on enhancing coordination between federal and provincial agencies for data sharing and revenue collection.The provincial energy minister said that 26 proposed wind energy projects with a total generation…

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US Ambassador Calls On Minister for Petroleum

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Musadik-Malik

Ambassador of the United Stated of America H.E. Donald Blome called on the newly appointed Federal Minister for Petroleum, Dr Musadik Malik. H.E the ambassador extended his congratulations to Dr. Musadik Malik on assuming the office and expressed high hopes for the transformation of the energy sector. Federal Minister appreciated H.E. Ambassador Blome for always extending his support and reaffirmed that together both the countries can achieve the shared energy goals. Taking the opportunity, both sides discussed in detail the potential areas of cooperation, including technology transfer, investment opportunities, and…

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Pakistan loses $4bn annually due to climate change, says TIP report

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Climate-Talks

Pakistan loses $4bn annually due to climate change, says TIP report ISLAMABAD: Pakistan annually loses $4 billion due to climate change-induced events, says a report released by Transparency International Pakistan (TIP). The TIP on Thursday released its report “Financing Climate Action: Enhancing Effectiveness and Transparency in Pakistan’s Climate Governance Frameworks”. According to a TIP press release, the report is an assessment of existing frameworks driving climate governance in Pakistan with an aim to identify areas of improvement and implementation gaps, specifically focusing on transparency, inclusiveness and effectiveness of the country’s…

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Eyebrows raised over massive tariff hike sought by gas firms

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Gas-tariff

Officials termed the projections in the petitions as highly exaggerated that need to be rationalized ISLAMABAD: The new government functionaries have raised eyebrows over petitions of gas companies submitted to Ogra, seeking up to 380 percent hike in gas tariff for the next financial year 2024-25 applicable from July 1, 2024. Officials termed the projections in the petitions as highly exaggerated that need to be rationalized. According to well-placed official sources in the Energy Ministry, Sui Southern has asked for an increase in gas price by Rs274.4 per MMBTU, but…

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Solis Embarks on a Sustainable Venture with AE Power with 300MW Distribution Deal to Transform Pakistan’s Energy Sector

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Solis-mou

In an innovative endeavor to reshape the energy sector, Solis, the world’s third-largest PV inverter manufacturer, has entered into a pioneering partnership with AE Power, showcasing a significant inverter distribution agreement that promises to invigorate the shift towards renewable energy in Pakistan. Valued at an impressive 300MW and spanning from 2024 to 2025, this alliance marks a key milestone in the adoption of environmentally friendly power sources within the region. This initiative is more than a mere business venture; it is a reflection of Solis’s unwavering commitment to technological advancement…

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