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Day: December 26, 2023

Private Power Infrastructure Board, CERAD and Huawei jointly launched the White Paper on Arc Fault Circuit Interrupter (AFCI) for PV Systems in Pakistan

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Huawei-Pakistan

PPIB, CERAD and Huawei Pakistan on December 19, 2023 jointly unveiled the White Paper on Arc Fault Circuit Interrupter (AFCI) for Photovoltaic (PV) systems, marking a significant stride in realm of solar power technology.The launch, a result of collaborative efforts with Private Power & Infrastructure Board (PPIB) and the Center for Advanced Research in Engineering and Development (CERAD), is poised…

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IMF recipe fails to ease Pakistan’s economic misery ahead of elections

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IMF-board

LAHORE: With elections round the corner the expected economic turnaround has not yet taken place despite complete adherence of the last elected and the current caretaker governments to the recipe suggested by the International Monetary Fund. The economic fundamentals have somewhat improved but the miseries of the public at large have intensified. The electorate at the time of election is…

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Foreign shareholders freeze participation in Russia’s Arctic LNG 2

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lpg-plant

MOSCOW: Foreign shareholders suspended participation in the Arctic LNG 2 project due to sanctions, renouncing their responsibilities for financing and for offtake contracts for the new Russian liquefied natural gas (LNG) plant, the daily Kommersant reported on Monday. The project, seen as a key element in Russia’s drive to boost its LNG global market share to 20 percent by 2030…

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In a first, Iesco gets suppliers licence

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solar-panel

ISLAMABAD: After a decades-long delay, the National Electric Power Regulatory Authority (Nepra) has started granting first-ever separate licences of Suppliers of Last Resort (SoLR) to existing distribution companies (Discos) for 20 years to bifurcate their distribution (wire & pole infrastructure) and electricity supply (commercial & billing etc) businesses for future bilateral competitive power business. This should have happened in the…

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