To meet rising electricity demand in hot summer months NEW DELHI: India has asked companies to operate underutilised gas-based power plants in May and June, and extend operations of imported coal-based plants until Oct 15 to meet anticipated high demand for electricity, according to two government orders. The South Asian nation registered an 8% rise in electricity consumption in the…
Read MoreBonn (WWEA) – The year 2023 ended with a new record for new wind turbine installations: In total, the world added 116’065 Megawatt of new capacity within one year, more than ever before. According to preliminary statistics published today by the World Wind Energy Association, global wind power capacity has now passed one million Megawatt and has reached 1’047’288 Megawatt…
Read More
Lahore: At the highly anticipated Solar Pakistan Expo, Huawei Fusionsolar stole the spotlight with the immense support of their Partners Bahum, Dewan and AE Solar, with its cutting-edge inverters, captivating the majority of attendees with their innovative features and functionality, who showcased their synergy with Huawei Fusionsolar in advancing solar energy solutions. The event reached its pinnacle when Huawei Fusionsolar…
Read More
• PTI claims it can form govt in centre, two provinces• Barring Karachi, PPP seems set to retain its hold in Sindh• PML-N doing better in central Punjab, some other areas ISLAMABAD: Despite an underlying ‘distrust’ in the electoral exercise, millions queued up to vote in Thursday’s long-overdue elections. However, voters’ hopes of seeing some results were left unfulfilled till…
Read More
LAHORE: The Water & Power Development Authority (WAPDA) held a road show in Bangkok on Monday to attract international bidders for its 300 megawatt (MW) floating solar project, the first of its kind in the country. The project, which will use floating solar panels on two reservoirs in the Tarbela-Ghazi Barotha hydropower complex, aims to generate clean and low-cost electricity…
Read More
COP28 climate talks have ended with so much discussion and debate and have some useful conclusions. But it all requires finance. Things do not work out by just words. I wish if the financial zeal to allocate and spend money had been as strong as the discussion has been. Unfortunately, this has not been the case. It is hoped that…
Read More
ISLAMABAD: With system losses touching a record 14.5 per cent, the Oil and Gas Regulatory Authority (Ogra) on Friday notified about 10pc increase in the sale price of Regasified Liquefied Natural Gas (RLNG) for two Sui gas companies – SSGCL and SNGPL — for the current month with effect from Dec 1 owing to higher international prices, particularly of two…
Read More
ISLAMABAD: Despite a record 83 per cent power generation from cheaper domestic fuels, the Central Power Purchasing Agency (CPPA) on Tuesday sought a massive Rs4.66 per unit additional fuel cost adjustment (FCA) for ex-Wapda distribution companies (Discos) — almost 100pc higher than target — to generate another Rs34 billion in January 2024. This increase in FCA is on top of…
Read More
ISLAMABAD: The revised consumer service manual unveiled by the power regulator Nepra introduces additional charges and stringent measures for electricity consumers, including a 14 per cent interest rate on bill instalments and an ‘urgent fee’ for priority connections. The proposed regulations — set to be discussed at a public hearing on Dec 19 before implementation — have been announced despite…
Read More
ISLAMABAD: The Ministry of Law and Justice has held that National Security Certificate (NSC) is obligatory for transfer of shares of K-Electric, which is not just a business entity but a strategic asset of the country and any alteration in its shareholding structure should be subject to a rigorous evaluation process. Ministry of Law and Justice has given its clear…
Read More
