ISLAMABAD: The Finance Ministry has agreed to extend a subsidy of Rs 1.094 trillion for the power sector for the fiscal year 2024-25, falling short of the Power Division’s request for Rs 1.250 trillion, according to informed sources. Out of this, Rs 174 billion is allocated specifically for K-Electric. The final details of the remaining allocations will be determined once…
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As a distinguished leader in electrical solutions, Hopewind excels in technical innovation, constantly injecting new momentum into the progress of a more reliable and stable renewable energy ecosystem. The introduction of grid-forming technology is a core component of Hopewind’s pioneering efforts.
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Islamabad: Speakers at a conference while highlighting importance of deregulation of the petroleum sector, on Wednesday stressed the need for removing bottlenecks in promotion of oil and gas sectors in the country.They were of the views that all stakeholders, government and regulators should set together and devise a concrete strategy in larger national interest to counter various mafias creating hurdles…
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As a distinguished leader in electrical solutions, Hopewind excels in technical innovation, constantly injecting new momentum into the progress of a more reliable and stable renewable energy ecosystem. The introduction of grid-forming technology is a core component of Hopewind’s pioneering efforts. What is Grid-Forming Technology? Grid-Forming is a revolutionary technology designed to ensure the stable and reliable operation of power…
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ISLAMABAD: Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, expressed optimism on Tuesday about reinvigorating projects under China’s Belt and Road Initiative (BRI) to bolster Pakistan’s struggling economy. In an interview with Bloomberg, Iqbal highlighted the government’s plans to form joint ventures in renewable energy and agriculture, and to attract Chinese companies to relocate to Pakistan. “I’m very…
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Islamabad – May 29, 2024 – In light of a bearish trend in the international market, petrol and high-speed diesel (HSD) prices in Pakistan are expected to decrease by approximately Rs6.50 to Rs7.50 per litre on May 31. This comes despite a slight exchange rate loss. Informed sources reported that international prices of petrol and HSD have dropped by about…
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Chairman WAPDA, Engr Lt Gen Sajjad Ghani (Retd), has called for the deployment of additional resources to ensure the Tarbela 5th Extension Hydropower Project commences electricity generation by 2025-26. During his recent visit to the project site at Tunnel No. 5 of Tarbela Dam in Khyber Pakhtunkhwa, the Chairman reviewed construction activities and assessed progress. Accompanied by senior officials including…
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Peshawar, Pakistan – Growatt, a global leader in advanced solar energy solutions, recently held a highly successful seminar in Peshawar, focusing on the promotion and adoption of renewable energy practices. This landmark event, a significant milestone for the solar energy sector in the region, drew an impressive array of attendees, including high-ranking government officials and influential figures from the private…
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KARACHI – Pakistan’s hunger for energy is growing fast amid surge in population and due to other factors, and now the government is stepping in to provide solar setups to deserving families. The distribution of solar energy among Sindh families offers energy accessibility for all, environmental sustainability, and less burden on government energy generation. It also provides electricity to remote areas, reducing…
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Punjab Minister of Industry and Commerce, Shafi Hussain, has announced a significant initiative to boost local production of solar panels. The provincial government plans to establish manufacturing facilities with substantial investments from Chinese companies.
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