Petrol prices may slide lower in next fortnightly review

Petrol-price

KARACHI: Petrol price would likely witness some decrease in the next fortnight when the government would revise the prices of petroleum products, The News learned on Wednesday. However, the price of diesel would likely jump by Rs5/litre in the next fortnight review of its price, industry people said. They noted that price would likely fall from three to five rupees in the coming fortnight, in case the government kept the exchange rate adjustment, zero. According to the working of the industry, the ex-depot price of high speed diesel (HSD) has…

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LONGi announces new conversion efficiency of 33.5% for its silicon-perovskite tandem solar cells at Intersolar Europe 2023

LONGi-announces

The Intersolar Europe 2023, one of the world’s leading exhibition for the solar industry, kicked off in Munich, Germany on June 14, 2023. At the exhibition site, LONGi announced the new conversion efficiency of 33.5% for silicon-perovskite tandem solar cells based on commercial CZ silicon wafers. According to the European Solar Test Installation (ESTI), LONGi has achieved conversion efficiency of 33.5% for silicon-perovskite tandem solar cells, an increase of 1.7% from the previous 31.8% published on the 16th International Photovoltaic Power Generation and Smart Energy Conference & Exhibition (SNEC) in Shanghai. Currently…

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NEPRA notifies tariff hike of Rs1.61 per unit

Transmission-Line

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has notified a power tariff hike of Rs1.61 per unit on account of fuel charges adjustment (FCA) for April 2023. According to a notification issued by Nepra, the tariff hike will not be applicable to lifeline consumers and electric vehicle charging stations while power distribution companies (DISCOs) will show the increase in power price separately in consumer bills of June 2023. Moreover, DISCOs will display the approved FCA separately in the consumer bills on the basis of units billed in April 2023.…

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Massive exodus as super cyclone looms

super-cyclone

Thousands of people living in coastal towns and small islands in Thatta, Sujawal and Badin districts on Tuesday left their homes for safer places, two days before a ferocious cyclone was expected to make a landfall on Thursday (tomorrow) afternoon. Classified as a “Very Severe Cyclonic Storm” of Category 3, Biparjoy is expected to land around Thursday evening between Karachi and Mandvi in India’s Gujarat, with winds of approximately 140-150 kilometres per hour (km/h) and gusts up to 170 km/h. According to the latest forecast, the cyclone was expected to…

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