Karachi Electricity Prices Set to Soar to Rs. 18.86 per Unit

karachi-electricity

Karachi: K-Electric, has requested a substantial increase of Rs. 18.86 per unit in their monthly adjustment for 7 months.

According to a report by ‘Dawn News,’ KE has submitted a request to the National Electric Power Regulatory Authority (NEPRA) for the monthly adjustment from July 2023 to March 2024.

Additionally, the company has also requested a reduction of 29 paisas per unit for 2 months, which would result in an overall increase of Rs. 18.57 per unit.

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SOLIS TO SHOWCASE CUTTING-EDGE SOLAR SOLUTIONS AT WORLD FUTURE ENERGY SUMMIT 2024

Solis-Energy

ADNEC, Abu Dhabi – April 16, 2024 – Solis, At the World Future Energy Summit, had unveiled highly anticipated Commercial Energy Storage Inverter, the S6-EH3P(30-50)K-H. This innovative product promises to revolutionize the solar energy landscape with its cutting-edge features and performance capabilities. Boasting a remarkable maximum charge/discharge current of up to 70A+70A/140A, the S6-EH3P(30-50)K-H is set to redefine industry standards…

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Oil Prices Drop 1% Amid Israel-Hamas Ceasefire Talks and U.S. Inflation Concerns

Russian-oil

Oil prices declined in early Asian trading on Monday, reversing gains from Friday. This drop came as Israel-Hamas peace talks in Cairo alleviated concerns about a broader conflict in the Middle East, and U.S. inflation data dampened expectations of imminent interest rate cuts. Brent crude futures fell by as much as $1, or 1.1%, to $88.50 a barrel before recovering…

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Government Urged to Facilitate Soft Loans for Solar and Green Energy Sector

solar-panel

The President of Sarhad Chamber of Commerce and Industry, Fuad Ishaq, has called upon the government to provide soft loans to support the growth of the solar and green energy sector. Highlighting the sector’s potential to meet the country’s increasing energy demands while promoting environmental sustainability and job creation, Ishaq emphasized the need for proactive measures from federal and provincial…

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Seminar on Effective Steps for Enrolling Out of School Children in Schools and CSR Awards on April 30th.

Kamran-Khan

Karachi:– The National Forum for Environment and Health, in collaboration with the CSR Club of Pakistan, is hosting a the “Seminar on Effective Steps for Enrolling Out of School Children in Schools” alongside the “16th Annual Corporate Social Responsibility Summit-2024 (Karachi Chapter).” on April 30th in Karachi. The seminar, dedicated to addressing the critical issue of children out of the…

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Turkmenistan Pledges Completion of TAPI Gas Project

TAPI-gas

Turkmenistan’s commitment to finalizing the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project alongside regional partners remains unwavering, according to TAPI Pipeline Company Limited CEO Muhammetmyrat Amanov. Amanov emphasized that Turkmenistan has advanced the energy initiative with steadfast dedication and adherence to international legal frameworks. The completed section of Turkmenistan’s segment and ongoing discussions align closely with global standards, ensuring environmental sustainability by…

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Pakistan’s Upstream Oil & Gas Sector is in Crisis

oil-gas

Pakistan’s oil and gas exploration and production (E&P) companies are facing a severe financial crisis due to massive outstanding payments from state-owned gas companies. ⚖️🚦 The Pakistan Petroleum Exploration and Production Companies Association (PPEPCA) reports that Sui Southern Gas Company Limited (SSGCL) and Sui Northern Gas Pipelines Limited (SNGPL) owe a staggering Rs 1.5 trillion (approximately $8.8 billion) to E&P…

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Lies on Iran gas pipeline

A factor that runs contrary to the Iran-Pakistan vows of cooperation is the informal trade – also called smuggling Yet again, lofty rhetoric and ambitious intent on enhancing bilateral cooperation accompanied an Iranian President’s visit to Pakistan. The joint statement issued after Ebrahim Raisi’s three-day visit reiterated “the importance of cooperation in the energy domain, including trade in electricity, power…

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Power Division Denies Rumors of Imposing Fixed Tax on Solar Power

Solar power

The Power Division has categorically denied recent rumors circulating about the imposition of a fixed tax on solar power in Pakistan. In an official statement, the Power Division clarified that there is no truth to these speculations, emphasizing that such measures have not been considered or proposed. According to the Central Power Purchasing Agency (CPPA) and Power Division officials, no…

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