Category: Shortcode

Electric bikes gain popularity

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Electric-bikes

500% savings per km, no maintenance drive the surge in sales KARACHI: Out of a total of 18 Electric Vehicle (EV) motorbike brands, ten have been gaining more popularity compared to fuel-driven bikes in the market. Another eight brands are expected to emerge in March, according to experts and analysts. “Ten branded companies have started selling EV motorbikes, while another eight firms will come up with their products in the middle of March, as the Engineering Development Board (EDB) has already issued licenses to 34 companies, including electric rickshaws. Over…

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ARL plans shutdown for maintenance

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New-ARL

KARACHI: Attock Refinery Ltd (ARL) is planning the refinery turnaround to carry out essential maintenance from Feb 10 for about a month. In a stock filing on Friday, the company said some of the existing units of the refinery would be shut down which would result in a reduction of the refinery’s throughput to around 40pc. Atlas Honda profit surges: Amid a turbulent 2023 for the entire auto sector and multiple price increases, Atlas Honda Ltd (AHL) profit surged 78.57 per cent to Rs2.5 billion during the quarter ending December…

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Petrol, diesel prices may go up by Rs9 per litre

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ISLAMABAD: The prices of petrol and high-speed diesel (HSD) are estimated to go up by Rs5-9 per litre on Jan 31 for the next fortnight owing to higher international prices and import premiums, nullifying an impact of minor exchange rate gains. Informed sources said the prices of both major petroleum products – petrol and HSD – had increased in the international market over the past fortnight and Pakistan State Oil (PSO) also had to pay higher import premiums even though the rupee had gained against the US dollar. As a…

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SDPI’s moot on energy sector reforms

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SDPI-logo

‘Next elected Govt should declare emergency in Pakistani energy sector to effectively deal with many of its woes including circular debt’ The incoming elected government should declare a state of emergency in the energy sector to effectively deal with many of its issues that have been persisting for the last many decades and continuously worsening each passing day.This was one of the emphatic recommendations shared by the concerned speakers who attended the recently held panel discussion to suggest the way forward for the next elected government in the country to…

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Small-scale solar good for environment, but agrivoltaics might be better

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Small-scale

Canadian researchers have conducted a lifecycle analysis showing that it’s good for the environment to put solar on rooftops, but a mix of small-scale PV and agrivoltaics might be a better alternative. A study conducted at the University of Western Ontario compared both large and small solar installations and concluded that small-scale solar systems are better for the environment than even the largest, most efficient, utility-scale solar projects. Solar is scaling up in the United States and Canada in part because solar energy is the lowest-cost form of new-build electricity in  many markets, according…

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