Category: Highlights

Caretakers Government increased Petroleum Prices Again, Petrol Hits Rs. 331.38 Per Liter

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petrol-price

The caretaker government has announced the third hike in the prices of petroleum products since assuming power last month.The price of petrol has been increased by Rs. 26.02 per liter to Rs. 331.38 , while the price of high-speed diesel has gone up by Rs. 17.34 per liter to Rs. 329.18.Its highest increase in the history of Pakistan and off course all prices of commodities and services will go up and out of control for the government. People of Pakistan already facing price hike , inflation and inflated electricity bills

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Risen Enters into Distribution agreement with AGN Solar with a first supply of 50MW for Pakistan Market

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Risen-Announces

Risen Announces the signing of Distributor appointment and new sales agreement with AGN Solar for supply for 50MW of its high efficiency modules . AGN Solar is specialized distributor of Renewable Energy Products and Tier 1 Equipment such as Solar Panels , Inverters and batteries that create solar energy in Pakistan and middle east . The agreement includes 90,000PV  modules of various powers which include P type monoracial and Bifacial 550/555W  and N type latest technology HJT 585W and 685W .The Modules will be delivered to Karachi ,Pakistan , where…

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G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption 

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irena

Abu Dhabi, United Arab Emirates, 11 September 2023 – G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets.  In a declaration adopted on Saturday, the Group cites a joint report between IRENA and India’s G20 Presidency, titled Low-Cost Financing for Energy Transitions, which estimates a need for over USD 4 trillion in annual investments by 2030. According to IRENA’s World Energy Transitions Outlook 2023 released earlier this…

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Sunova Solar Shines at Solar Pakistan Exhibition & Conference 2023

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Solar-Pakistan2

[Karachi, Pakistan – September 13, 2023] – Sunova Solar, a leading innovator in the renewable energy industry, recently participated in the Solar Pakistan Exhibition & Conference, held from September 7 to 9 at the Karachi Expo Centre. The event marked a significant milestone for Sunova Solar as it showcased its commitment to providing sustainable energy solutions to the Pakistani market. Sunova Solar welcomed industry peers and leaders from across Pakistan to its impressive booth in Hall B-5, booths 09/10/13/14. The event offered a unique platform for industry giants to converge,…

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OGDCL Announces Commencement of Oil and Gas Production from Nashpa-11 Well in KPK Province

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OGDCL

ISLAMABAD, September 12, 2023: The Oil & Gas Development Company Limited (OGDCL) on Tuesday announced the successful testing, completion, and commencement of production at the Nashpa-11 well in District Karak, KPK Province This achievement stands as a testament to OGDCL’s commitment to bolstering Pakistan’s energy sector and meeting the escalating needs of both domestic consumers and industrial enterprises.OGDCL is diligently pursuing a harmonized approach to exploration, drilling, and development activities with a focus on optimizing production on a fast-track basis. This development is the result of OGDCL’s in-house expertise. The…

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