Rs780 Billion Circular Debt Reduced in One Year, Rs1.225 Trillion Deal Signed*

awais leghari

Federal Minister for power Sardar Awais Ahmed Khan Leghari said the government has made a record reduction of Rs 780 billion in circular debt within one year. Circular debt has been a huge burden on Pakistan’s economy, rising from Rs 1,100 billion in 2018 to about Rs 2,400 billion before PML-N returned to power. By controlling theft, losses, renegotiating power purchase agreements, and cutting interest rates, the government saved billions and reduced circular debt significantly. The remaining Rs 1,225 billion circular debt has been resolved through an agreement with 18…

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LONGi Highlights Commitment to Solar Energy in Africa at EFFA 2025 Conference

New-Project39

Zambia, September, 2025 LONGi, a leading solar energy company, recently participated in the Energy Forum for Africa (EFFA) conference in Zambia, that took place in middle of September, showcasing its commitment to advancing solar energy solutions in Africa. The event brought together industry leaders, policymakers, researchers, and innovators to address energy challenges and opportunities in Africa. During the conference, Daniel Wang, LONGi Africa Utility Product and Solutions Manager, delivered a presentation highlighting the company’s expertise in providing tailored solar energy solutions for large-scale mining operations. Chris Ye, LONGi’s Regional Utility…

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Growatt SPM/SPH Hybrid Inverters: Powering Energy Independence in Pakistan

New-Project35

With Pakistan’s electricity demand rising and frequent grid disruptions continuing to affect daily life, the need for reliable, affordable, and sustainable power solutions has never been greater. Homeowners are increasingly turning to solar hybrid systems—not just for cost savings, but as a long-term shield against energy insecurity. With over 300 days of sunshine each year, the potential to harness solar energy and convert it into dependable power is unmatched. Growatt, a global solar innovator with a strong presence in Pakistan since 2016, has been enabling households to take control of…

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Oil edges down as investors assess Russia supply risks

Oil price

LONDON: Oil prices eased on Wednesday, after rising more than 1% in the previous session, as investors assessed Russian supply risks following Ukrainian drone attacks on energy infrastructure. Brent crude futures were down 27 cents, or 0.4%, to $68.20 a barrel by 1249 GMT, while U.S. West Texas Intermediate crude futures were down 31 cents, or around 0.5%, to $64.21 a barrel. The benchmarks settled more than 1% higher in the last trading session due to concerns that Russian supplies may be disrupted by Ukrainian attacks. Russia’s oil pipeline monopoly Transneft had…

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LONGi Joins Hands with CAPP to Illuminate Central Africa with Innovative Microgrid Solutions

Longi-Project

Recently, Mr. Dennis She, Vice President of LONGi, held a meeting with Mr. ATADET AZARAK MOGRO, Permanent Secretary of the Central African Power Pool (CAPP), and Mr. RIGOBERT GBAZI, Head of the Power Technology Department. The two sides held in-depth discussions and reached a consensus on leveraging efficient PV solutions to accelerate the popularization of electricity in Central Africa and eliminate energy poverty. The Central African Power Pool (CAPP) is a regional electricity cooperation organization composed of 11 Central African countries (including Angola, Burundi, Cameroon, the Central African Republic, etc.).…

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