ISLAMABAD — Chinese vice premier is expected to travel to Pakistan on Monday, July 31 to attend 10 years of China-Pakistan Economic Corridor (CPEC) celebrations. Sources familiar with the development, on the condition of anonymity, told Pakistan Observer that Iron Brothers Islamabad, and Beijing are celebrating the 10th anniversary of the flagship project of the Belt and Road Initiative at the end…
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As Texas bakes under a sweltering heat dome this summer and people crank their air conditioners, the state’s energy demand has smashed records. But the power has stayed on and prices haven’t spiked tremendously. Thank wind and solar, energy experts say. “Renewables have been performing very well this summer, which is great,” Michael Webber, an energy expert and professor at the University…
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The coalition government of the Pakistan Democratic Movement (PDM) is approaching completion of its tenure in the next few days. While presenting their last budget for the current fiscal year (FY 2024), the fourth-time federal finance minister, Muhammad Ishaq Dar, stated that Pakistan’s GDP growth for the year is projected to be 3.5 percent. Furthermore, the budget 2023-24 allocates approximately…
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On July 25th, The Fortune magazine released the Fortune China 500 list for 2023, with LONGi ranking 177th, a rise of 318 places compared to the very first year at 495th.
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LONGi, the world leading solar technology company, has been recognized as a “2023 Overall Highest Achiever” in the annual PV Module Index (PVMI) published by the Renewable Energy Test Center (RETC).
Read MoreClean Power for AllSolar Clean EnergyGoodweBattery Energy Storage SystemPakistan’s Renewable Energy SectorSeminar SSEP 18th July 2023Energy Conf KHI
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KARACHI: The provincial government on Tuesday decided to lay railway track from Thar coalfields to main railway line for supplying coal to other power plants and factories. The decision to this effect was taken at the 25th meeting of the Thar Coal Energy Board (TCEB) held under the chairmanship of Chief Minister Syed Murad Ali Shah. The meeting was held…
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In a historic collaboration, four leading Pakistani state-owned companies will join hands for Greenfield Refinery project at the strategic Gwadar Port in Pakistan.
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Karachi Echoing the collective concerns of the business, industry and trade community of Pakistan, Mr. Irfan Iqbal Sheikh, President FPCCI, has termed the latest PKR. 7.5 / kWh hike in the electricity tariff as anti-business. We have already become uncompetitive vis-à-vis regional and sub-regional countries; due to the grossly-unfavorable cost of doing business environment in the country and there is…
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ISLAMABAD: The federal government Tuesday night notified an increase in the base tariff by Rs3-7.50 per unit of electricity for the FY2023-24. The National Electric Power Regulatory Authority (Nepra) uploaded the much-awaited decision on an increase in the base tariff after hearing a motion submitted by the government seeking an average uniform tariff for every category of consumers across the…
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