Category: Popular News

Switching to renewables: Saif Textile to install 10MW solar power system

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Saif Textile Mills Limited, a local yarn manufacturer, has inked a deal for the installation of a 10-megawatt solar power system, a move aimed at cutting energy costs and boosting profitability. The listed company disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Thursday. “Saif Textile Mills Limited has signed a contract with SkyElectric (Private) Limited for the supply and installation of a 10MW solar power system. “Once this solar power system becomes operational, it is expected to reduce the power cost and thus have a…

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Risen Energy Unveils Sunease Home Energy Storage Solutions at Pakistan

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On August 28, Risen Energy proudly participated in the 2nd International Solar Power Conclave & Awards 2025 in Lahore, Pakistan — the nation’s premier platform for advancing clean energy. The event brought together policymakers, industry leaders, and innovators to shape the country’s sustainable energy future. At the forum, Risen Energy announced the launch of the Sunease Series HESS (Home Energy Storage Solutions) in Pakistan. Designed to address the challenges of frequent blackouts, costly diesel generation, and the limitation of solar energy at night, the Sunease series offers all-in-one energy solutions…

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LPG prices dip

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ISLAMABAD: The average dollar exchange rate has slightly decreased by 0.69 percent, resulting into a decrease in LPG consumer price by Rs.13.89/11.8 kg cylinder (0.54 percent). The per Kg decrease in LPG consumer price is Rs.1.17 for September 2025. The LPG producer price is linked with Saudi Aramco-CP and US$ dollar exchange rate. As compared to previous month Saudi Aramco-CP has remain unchanged. On month to month basis, the domestic LPG cylinder price has decreased by Rs 13.89 as compared with previous month (August). The new price of LPG domestic…

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HSD price cut by Rs3, petrol kept unchanged

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ISLAMABAD: Federal government has announced to keep the ex-depot price of petrol unchanged, while the prices of other petroleum products have slightly reduced for fortnight starting from September 1, 2025. According to a statement released by Finance Division states in view of the recommendations of Oil and Gas Regulatory Authority (OGRA) and relevant ministries, government has decided to maintain the price of petrol at Rs 264.61 per litre. The ex-depot price of high speed diesel (HSD) has reduced by Rs 3 per litre to Rs 269.99 per litre from Rs…

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Oil rises on weaker dollar and Russian supply disruptions

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LONDON: Oil rose by more than 1% on Monday on concern over supply disruptions stemming from intensified Russia-Ukraine airstrikes as well as a weaker dollar. Brent crude was up 80 cents, or 1.2%, at $68.28 a barrel at 1335 GMT. U.S. West Texas Intermediate crude also rose 80 cents, or 1.3%, to $64.81. Trading is expected to be muted because of a U.S. public holiday. Brent and WTI crude registered their first monthly declines in four months in August, losing 6% or more on increased supply from the OPEC+ producer…

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