Category: Highlights

Pakistan’s power generation falls by 6% in September as costs soar and solar adoption rises

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power sector

With a 6% YoY drop in power generation, Pakistan faces rising fuel costs and an increasing shift toward solar energy, as more consumers move off-grid to combat high electricity prices Power generation in Pakistan fell to 12,487 GWh in September 2024, marking a 6% year-on-year decline compared to the 13,339 GWh produced in the same month last year. On a monthly basis, power generation dropped 5.3% from August’s total of 13,179 GWh. Experts attributed the drop in production to weakened economic conditions, as well as an increase in solar power…

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Pakistan set to generate 60pc of its energy from RE sources

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Hope-wind

QINGDAO: Federal Minister for Power Sardar Awais Ahmad Khan Leghari on Wednesday said that Pakistan has set an ambitious goal to generate 60 per cent of its energy from renewable energy (RE) sources, reflecting its commitment to sustainability. Addressing at the opening ceremony of the Third Belt and Road Energy Ministerial Conference here, the minister underscored Pakistan’s commitment to renewable energy and stressing the importance of global cooperation in the energy sector, said a press release. Pak sets ambitious goal to generate 60% energy from RE: AwaisAwais Leghari outlined Pakistan’s…

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Sindh Chief Minister Launches Solar Energy Initiative at Karachi Central Jail

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Central-Jail

Karachi – Sindh Chief Minister Syed Murad Ali Shah, alongside Minister of Energy Sindh, inaugurated the solarization of Central Jail Karachi, a pioneering project aimed at reducing energy costs and promoting sustainable energy solutions within the correctional facility. The project has a total installed capacity of 614.8 KW, exceeding the building’s energy demand of 549.5 KW. Implemented under the Sindh Solar Energy Project (SSEP) at an estimated cost of PKR 216 million, the investment is expected to be recovered within three years of operation. With a lifespan of 25 years,…

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Sindh Chief Minister Inaugurates Solar Power Project at DUHS Hospital, Karachi

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DUHS-Hospital

Karachi – Sindh Chief Minister Syed Murad Ali Shah, along with provincial ministers Sharjeel Memon, Nasir Hussain Shah, Saeed Ghani, Ali Hassan Zardari, and Waqar Mehdi, inaugurated a significant solar power project at the Dow University of Health Sciences (DUHS) Ojha Campus Hospital. This initiative, launched under the Sindh Solar Energy Project (SSEP) with support from the World Bank, is a major step towards integrating sustainable energy in healthcare facilities. The solar project will generate 2.32 MW of power at an estimated cost of PKR 290 million. According to Chief…

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Oil prices dip as Blinken arrives in Israel for talks, China demand weighs

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oil price

TOKYO/SINGAPORE: Oil prices eased on Tuesday as the top US diplomat renewed efforts to push for a ceasefire in the Middle East and as slowing demand growth in China, the world’s top oil importer, continued to weigh on the market. Brent crude futures for December delivery were down 60 cents, or 0.8%, at $73.69 a barrel at 0717 GMT. US West Texas Intermediate crude futures for November delivery were 6 cents lower at $70.50 a barrel on the contract’s last day as the front month. The more actively traded WTI…

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