ISLAMABAD-National Electric Power Regulator Authority (Nepra) is all set to allow K-Electric a reduction of Rs9.983 per unit in power tariff on account of monthly and quarterly adjustments. In a public hearing on the KE’s petition for monthly fuel charges adjustments for October, NEPRA has calculated a reduction of Rs 2.15/unit in tariff, while for the quarterly adjustments for the…
Read MoreDay: December 1, 2022
Fate of Barrick’s $7bn project in Pakistan to be decided next week
arrick Gold (NYSE: GOLD) (TSX: ABX) will hear next week whether it can proceed with its $7 billion Reko Diq copper-gold project in Pakistan, close to the borders of Iran and Afghanistan. The country’s Supreme Court, which has been tasked with ensuring the project is in line with Pakistan’s constitution and laws, finished its due diligence on Wednesday. The final…
Read MorePetrol, diesel prices to ‘remain unchanged
Finance Minister Ishaq Dar announced on Wednesday that petrol and diesel prices would remain unchanged for the next fortnight — till December 15. In a televised address, the financial czar said the government has decided to slash the price of kerosene oil in view of cold weather as it is mainly used by lower-income groups in villages. “On the instructions…
Read MoreOrakzai coal mine explosion leaves nine dead, four injured
Nine coal miners were killed and four others were injured in a gas explosion in a mine in the Karez area of lower Orakzai on Wednesday, officials said. Six bodies were retrieved from the mine and four injured were rescued during a joint operation launched with the additional support from neighbouring districts and mine and minerals department, said additional deputy…
Read MoreLow to zero gas pressure hits Pindiites hard
With low to zero gas pressure, the Liquefied Petroleum Gas (LPG) dealers are openly looting the public with both hands and selling 1-kilogram commodity at Rs300. The LPG dealers are not only misusing this situation but creating an artificial shortage to earn more profit. The supply of natural gas has vanished from over 80 per cent of areas of the…
Read MoreFCA for Oct 2022: Nepra to allow KE negative adjustment of Rs2.15/unit
National Electric Power Regulatory Authority (Nepra) is to allow negative adjustment of Rs 2.15 per unit in consumer-end tariff of K-Electric (KE) for October 2022 under monthly Fuel Charges Adjustment (FCA) mechanism amid serious concerns of consumers regarding charging about two times higher tariff by the power utility company as compared to Discos. The Authority comprising, Chairman Tauseef H Farooqi,…
Read MoreAGP rejects IMF demands for special audits
The auditor general of Pakistan has turned down demands of the International Monetary Fund (IMF) for conducting special audits of state-owned enterprises, including Sui Southern Gas Company Limited (SSGCL), Hyderabad Electric Supply Corporation (Hesco) and Peshawar Electric Supply Company (Pesco). The AGP has refused to conduct special audits of selected SOEs, arguing that any audit as proposed without considering terms…
Read MoreSaudi Aramco discovers two natural gas fields in Eastern Province
Saudi Arabia’s Energy Minister said oil giant Saudi Aramco had discovered two unconventional natural gas fields, Awtad and AlDahna, in the country’s Eastern Province, according to state-run Saudi Press Agency (SPA). Awtad was discovered south-west of the Ghawar field, 142km south-west from the city of Hofuf, while AlDahna was found 230km south-west of Dhahran, SPA said on Wednesday. “The importance…
Read MoreLongi Introduces Hi-MO 6 Modules for Global DG Market
LONGi held that HPBC (Hybrid Passivated Back Contact) is a new generation of high-efficiency solar cell technology that’s unique in its front-side busbar-free design. The company mentioned that HPBC cell technology can considerably improve the cell’s light absorption and photoelectric conversion capabilities by adjusting the cell’s internal structure, and can thus effectively increase the module’s output power. Modules equipped with…
Read MoreGrowatt MID 20KTL3-X2 arrives in the Pakistani market
Today, solar power is becoming more and more popular and easily accessible, because technology has brought higher efficiency, smarter functions, and better user experience. The MID 20KTL3-X2, introduced by Growatt for the Pakistani market, is a perfect example of such advancement. After gaining a lot of fame in the global market the MID 20KTL3-X2 is now available in Pakistan. Along with the air cooling,…
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