Industries ready to pay 100 pc gas cost only, not subsidies: KCCI, Industrial Town Associations KARACHI: The Karachi Chamber of Commerce & Industry (KCCI) along with all seven Industrial Town Associations and Value-Added Textile Associations have fervently appealed the government to bring down gas tariff to Rs1350 per MMBtu which has been determined as 100 percent cost of gas by OGRA and the industries were ready to pay the same but not the subsidies.Addressing a press conference here on Tuesday which was chaired by President KCCI Iftikhar Ahmed Sheikh, representatives…
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Growatt Introduces SPH 10000TL-HU: Advanced Storage Inverter for the Pakistani Market
Growatt, a leading global provider of cutting-edge solar inverters and energy storage solutions, introduces the SPH 10000TL-HU energy storage inverter in a strategic move to cater to the dynamic Pakistani solar and energy storage market. The inverter features optimal electricity generation, enhanced safety, scalability, easy maintenance and more.Featuring three maximum power point trackers (MPPTs), this innovative energy storage inverter efficiently accommodates high-power solar modules with a maximum input current of 22A. Further, it enables optimal electricity generation with a high efficiency up to 97.5% and a 1.5 DC/AC ratio that…
Read MorePPL-operated joint venture discovers gas & condensate in Sindh
Karachi, November 20, 2023: Pakistan Petroleum Limited, operator of Shah Bandar Block (2467-16) (63 percent working interest (WI)) along with joint venture partners Mari Petroleum Company Limited (32 percent WI), Sindh Energy Holding Company Limited and Government Holdings (Private) Limited (2.5 percent WI each) has made a gas and condensate discovery at exploration well Jhim East X-1 in District Sujawal, Sindh. This is the second discovery in Shah Bandar Block. Jhim East X-1 was spud on October 8, 2023 and drilled to a depth of 2,545 m to test the…
Read MorePakistan Seeks January LNG Cargo Amid Power Woes
Pakistan LNG Limited (PLL), a government subsidiary responsible for procuring liquefied natural gas (LNG) from the international market, has announced its intention to secure an LNG cargo for January.
Read MorePSA reaffirmed its resolve to stand shoulder-to-shoulder with govt to achieve its ambitious clean energy plans
The Pakistan Solar Association (PSA) has reaffirmed its commitment to stand shoulder-to-shoulder with the government in achieving its ambitious clean energy targets by the year 2030 for cutting the carbon footprint of the power sector and saving precious foreign exchange reserves otherwise spent on the import of highly expensive fossil fuel for electricity production.The PSA leadership assured the fullest support to the government’s drive to produce up to 60 per cent of electricity in the country through renewable energy means at an event titled “Let’s grow together”.The PSA leaders said…
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