Category: Popular News

LONGi’s HPBC 2.0 Modules Awarded TÜV SÜD PID-p Certification

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LONGi’s HPBC 2.0 modules, Hi-MO 9 and Hi-MO X10, have successfully passed TÜV SÜD’s PID-p (Potential Induced Degradation-Polarization) testing in accordance with PPP 58234A:2025 and IEC TS 62804-1 Ed2 (DTS) standards. Thus, LONGi becomes the first company to be awarded the TÜV SÜD PID-p certificate. Addressing a Critical Industry Challenge  PID-p (Potential Induced Degradation – Polarization) is a major challenge in the photovoltaic industry. This phenomenon occurs when the electric field generated by system voltage causes charge accumulation in the passivation layer of silicon solar cells, leading to power degradation.…

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New Onshore Block Awards Strengthen Pakistan-Türkiye Energy Ties

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Pakistan-Turkiye

ISLAMABAD – May 24, 2025: Pakistan and Türkiye have taken a significant step toward deepening bilateral energy cooperation, following the provisional award of two onshore oil and gas exploration blocks to Turkish state-owned firm Turk Petrolleri Anonim Ortakligi (TPAO) in Pakistan’s latest bidding round. The development was confirmed during a high-level meeting between Federal Minister for Petroleum Ali Pervaiz Malik and Turkish Ambassador Irfan Neziroglu at the Ministry of Petroleum on Friday. The meeting centered on expanding collaboration in oil and gas exploration, critical minerals, and broader energy sector engagement.…

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Awais Leghari Shares Power Sector Reform Vision with World Bank

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Awais-Leghari

ISLAMABAD: Federal Minister for Power Sardar Awais Ahmad Khan Leghari on Thursday outlined Pakistan’s ambitious power sector reforms and future plans during a meeting with a World Bank delegation led by Anna Bjerde, Managing Director Operations. Leghari revealed that Pakistan is on track to introduce a *competitive electricity market, supported by the establishment of an *Independent System and Market Operator (ISMO). He said that the government would no longer serve as the sole electricity buyer, marking a significant shift in the sector’s structure. He also highlighted major financial reforms, including…

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KE Consumers Likely to Get Rs5.02 Per Unit Tariff Relief Amid Fuel Cost Adjustment

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K-Electric

ISLAMABAD: K-Electric (KE) consumers may soon benefit from a Rs5.02 per unit reduction in electricity bills for March 2025 under a *Fuel Cost Adjustment (FCA), potentially translating into a *Rs6.79 billion total relief, pending approval from the National Electric Power Regulatory Authority (Nepra). Nepra conducted a public hearing on Thursday, during which KE presented key operational and financial details, including fuel usage, system efficiency, and measures against electricity theft in Karachi. KE CEO Moonis Alvi emphasized the utility’s commitment to combating power theft but highlighted the growing danger to staff,…

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PM Shehbaz Vows Rapid Reforms, Taps World Bank and IMF for Economic Growth

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New-IMF1

ISLAMABAD — Prime Minister Shehbaz Sharif on Thursday reaffirmed his government’s commitment to fast-tracking institutional reforms and sustaining macroeconomic stability, as talks with the International Monetary Fund (IMF) near conclusion on Pakistan’s upcoming fiscal budget. During a meeting with IMF Regional Director Jihad Azour, PM Shehbaz declared that Pakistan was transitioning from recovery to sustained economic growth. “By the grace of Allah, Pakistan is now moving from economic stability towards sustainable growth,” he stated. The discussions are part of final negotiations under the IMF’s \$7 billion Extended Fund Facility. Talks…

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