ISLAMABAD: Power Division said on Friday that its administrative powers to interfere in internal affairs of Distribution Companies (Discos) have been done away with after promulgation of new law about State Owned Entities (SOEs) Governance and Operations, 2023. “Our role in Discos’ affairs has been curtailed. Discos Boards have been made independent in decision making. We have no control over…
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Xi’an, China, July 21, 2023 – LONGi, the world’s leading solar technology company, is delighted to announce that it has once again been ranked in the highest AAA category in PV-Tech’s PV ModuleTech bankability report for Q2 2023. This is the 14th consecutive quarter for the company to achieve this ranking, underlining its outstanding performance in terms of high-quality products and…
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GoodWe, a world-leading inverter manufacturer and energy storage solutions provider, has expanded its C&I energy storage solutions portfolio with two new additions: the ETC 100kW hybrid inverter and the BTC 100kW retrofit battery inverter, both of which can be coupled with GoodWe high-voltage battery system Lynx C (101kWh – 156kWh). With a proven track record and extensive experience in the…
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KARACHI: Pakistan is gradually reducing its reliance on imported fuels to address the main cause of depleting foreign reserves, with May numbers showing a significant decline in the share of furnace oil in the energy mix. The country is currently grappling with a historic financial crisis as its foreign reserves dwindle, leaving only enough to cover one month’s worth of…
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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified about Rs1.90 per unit additional fuel cost adjustment (FCA) in power tariff for ex-Wapda distribution companies (Discos) for May to mop up about Rs25 billion in additional funds in the current billing month. The “increase of Rs1.9039/kWh shall apply to all the consumer categories except electric vehicle charging stations…
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Power consumers already paying Rs35 as TV fee will now be charged Rs50 ISLAMABAD: Amidst the ever-increasing inflation and soaring power and gas rates, the government has decided to impose an additional burden on the masses by levying an extra Rs15 as a radio fee on their monthly electricity bills. The revelation came to light during a meeting of the…
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Nepra grants six-month provisional extension subject to conditions ISLAMABAD: In a significant move, the National Electric Power Regulatory Authority (Nepra) has granted a six-month extension to K-Electric Limited (KE) for its distribution license on a provisional basis. This step has been taken to guarantee uninterrupted power supply to Karachi, one of Pakistan’s largest and most populous cities. KE submitted an…
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KARACHI: In a crucial move towards enhancing cybersecurity and protecting national data from potential theft, the Pakistan Telecommunication Authority (PTA) has authorised 22 companies to conduct mandatory cybersecurity audits for telecom and power companies, according to Malahat Obaid, Director of Public Relations at PTA. Emphasising the significance of indigenisation, PTA Director General of Cyber Vigilance, Dr Muhammad Mukaram Khan, said…
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ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has asked the Oil Companies Advisory Council (OCAC) and Oil Marketing Companies (OMCs) to approach/submit their proposals in writing in case of any grievances which might have impacted them rather to practice other unscrupulous tools through media to malign the organisation, which is totally unacceptable and against the official business norms. “The…
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The Petroleum Dealers Association (PDA) has announced a nationwide strike this week in support of their demands. The association is demanding a 5% increase in the profit margin or commission per liter from the government. According to the Chairman of PDA, Abdul Sami Khan, they have already requested the government to increase the profit margin by 5%. The association’s stance…
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