Category: Popular News

Trinasolar Unveils Next-Gen Energy Storage and Ultra-Durable Solar Modules at Solar & Storage Live Philippines 2025

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Manila, Philippines – May 16, 2025: Trina Storage, the energy storage division of global solar leader Trinasolar, is set to debut its cutting-edge Elementa 2 Pro 5MWh Battery Energy Storage System (BESS) at *Solar & Storage Live Philippines 2025, taking place from May 19–20 at the *SMX Convention Center in Manila. As the Philippines pushes toward its 35% renewable energy target by 2030, the demand for robust, efficient energy storage is rising to ensure grid stability and energy security. The new Elementa 2 Pro builds on the success of its…

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Govt’s Rs4 Trillion Power Sector Savings Revised Down to Rs2–2.5 Trillion, Nepra Informed

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Power-Division

ISLAMABAD, May 16 – Government claims of achieving Rs4 trillion in power sector savings through revised contracts with Independent Power Producers (IPPs) and government-owned power plants have now been scaled down to Rs2–2.5 trillion, officials revealed during a public hearing held by the National Electric Power Regulatory Authority (Nepra) on Thursday. The hearing, chaired by Nepra Chairman Waseem Mukhtar, was convened on the Central Power Purchasing Agency’s (CPPA) request to approve the Power Purchase Price (PPP) — the base electricity tariff — for the upcoming fiscal year. CPPA’s Naveed Qaiser…

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Diesel Price Slashed by Rs2, Petrol Unchanged as Govt Raises Freight Margin to Offset Industry Losses

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ISLAMABAD, May 16 – In a late-night announcement, the government reduced the price of high-speed diesel (HSD) by Rs2 per litre to Rs254.64 for the current fortnight ending May 31, while keeping the petrol price unchanged at Rs252.63 per litre. This marks the third time in two months that the government has not fully passed on the impact of declining global oil prices to consumers. The move comes alongside a hike in the Inland Freight Equalisation Margin (IFEM) on both petrol and diesel, aimed at recovering Rs34 billion in industry…

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Oil Industry Ensures Jet Fuel Supply, Emergency Preparedness Amid Pakistan-India Tensions: OCAC

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Oil falls

KARACHI: Amid heightened tensions between Pakistan and India, the country’s oil sector activated emergency response protocols to ensure uninterrupted supplies of JP8 jet fuel and maintain national energy security, the Oil Companies Advisory Council (OCAC) revealed in a communication to authorities. In a letter to the Director General (Oil), Petroleum Division, and the Chairperson of the Oil and Gas Regulatory Authority (Ogra), OCAC outlined the proactive measures undertaken by the industry to safeguard critical petroleum supplies and infrastructure during the sensitive period. OCAC highlighted that, in light of the prevailing…

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Pakistan-India Talks Likely in Saudi Arabia with US, Saudi Mediation

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ISLAMABAD: Diplomatic sources have revealed that Pakistan and India are expected to engage in high-level talks in Saudi Arabia, with mediation by the United States and Saudi Arabia. The discussions are likely to focus on the long-standing Kashmir dispute and the Indus Waters Treaty (IWT) — two of the most contentious issues between the nuclear-armed neighbors. This initiative comes amid renewed efforts led by US President Donald Trump and Secretary of State Marco Rubio, who recently facilitated a preliminary agreement to resume dialogue following heightened tensions between the two countries.…

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