Islamabad, 20 September 2023: Pakistan-German Renewable Energy Forum (PGREF) and Benchmark School, in collaboration with the Goethe Institute, organised an event for the inauguration of Benchmark School as a new Solar School. The event marked the official launch of the project at the school and its integration into the “Solar Schools” network, highlighting the successful installation of a solar system…
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ISLAMABAD: The government appears to be highly concerned about the runaway circular debt that amounts to a staggering Rs2.3 trillion but habitual defaulters have caused no less damage to the power sector as they owe over Rs2 trillion. These defaulters have widespread influence and are still receiving electricity from power distribution companies (DISCOs), though they have not paid bills since…
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ISLAMABAD: The Federal Board of Revenue (FBR) has informed the Senate Standing Committee on Finance that over Rs37 billion over-invoicing scam on import of solar panels would be dealt with under the Anti-Money Laundering Act (AML). The meeting featured a briefing by the FBR chairman and his team, shedding light on reports of massive money laundering by solar panel importers.…
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ISLAMABAD: The government has once again transferred National Energy Efficiency & Conservation Authority (NEECA) to Power Division from Ministry of Science and Technology due to ‘pressure’ from the World Bank. According to Cabinet Division, NECCA shall continue to be reflected against business of the Power Division in schedule–II of the Rules to Power Division. In September last year, the then…
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