Solis, a global leading manufacturer of solar & energy storage solutions, has announced the launch of their latest product, the S6 Advanced Power Hybrid Inverter. With an emphasis on generator connectivity and multiple input methods, the S6 offers automatic UPS switching and up to 10 seconds of 200% surge power backup overload capability. One of the unique features of the…
Read MoreDay: May 10, 2023
Prime Electricity Users: APTMA Seeks New Power Tariff Structure
All Pakistan Textile Mills Association (APTMA) has sought new power tariff structure for prime electricity users considering their specific needs and constraints after the government severed concessional tariff for the textile industry as a prior condition of still stalled ninth review of International Monetary Fund (IMF).
Read MoreThar coal a promising solution to Pakistan’s energy woes
Thar Coal Power project will help Pakistan generate energy at a much lower cost, and this would be a game-changer for the country’s overall development, said Shamsuddin Shaikh, former CEO of Sindh Engro Coal Mining Company, while talking to WealthPK.
Read MorePakistan, US to Develop Green Energy Roadmap
Minister of State for Petroleum Musadik Masood Malik on Monday discussed with senior US officials ways to enhance productivity in the energy sector,
Read MoreGermany Announces €163m Aid for Pakistan
German Parliamentary Minister for Economic Affairs Niels Annen on Tuesday announced economic assistance worth 163 million euros for Pakistan.
Read MoreKE’s Mounting Losses Are Merely A Blip
K-Electric Ltd CEO Moonis Alvi said on Tuesday the unusually high loss that the vertically integrated power utility recorded in the first nine months of 2022-23 constitutes no more than a “blip” in the long run.
Read MoreMore Iranian Fuel Being Smuggled to Pakistan, Petroleum Dealers Say
Petroleum dealers have flagged a surge in the smuggling of Iranian fuel to Pakistan, saying that up to 35 percent of diesel sold in the South Asian country has arrived illegally from Iran, the Pakistan Petroleum Dealers Association (PPDA) told Reuters on Tuesday.
Read MoreGovt Seeks Anti Smuggling Report of POL Products
Amidst the unabated smuggling of Iranian diesel, the Ministry of Interior recently sought a month-wise seizure report of smuggled petroleum, oil and lubricants from the Federal Board of Revenue (FBR).
Read MoreGovt to address IMF concerns on petrol subsidies
After months long delay in the revival of International Monetary Fund (IMF) programmed Pakistan now aims to address the concerns raised by the Washington-based lender before implementing the proposed fuel subsidy plan, Bloomberg reported Tuesday.
Read MoreSuspension of Mobile Broadband Telecom Operators Lose Rs820mn, Source Says
Following the suspension of mobile broadband services in Pakistan on Tuesday, telecom operators have so far reported a loss of Rs820 million, with the government losing around Rs287 million in tax revenue, a source in the telecom industry told Business Recorder.
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