There are strong rumors that government is in the process of amending rules with respect to roof-top solar power producers. In that reports say that DISCOs will shift from Net Metering to Gross Metering, which is, unlike net-metering, the consumer never utilizes the solar power generated by his installation as all of the power generated via solar panels is exported to the grid. It means that both export and import will be monetized separately each month.
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ISLAMABAD: Pakistan will compensate the families of five Chinese nationals who lost their lives in a terror attack near Besham, Swat (Khyber Pakhtunkhwa) on March 25, 2024, with a total of $2.5 million, according to sources reported by Business Recorder. Prime Minister Shehbaz Sharif, preparing for an upcoming visit to Beijing aimed at enhancing cooperation and launching the second phase…
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ISLAMABAD: Pakistan and Turkmenistan have committed to providing the necessary funding for the multibillion-dollar TAPI (Turkmenistan-Afghanistan-Pakistan-India) pipeline project due to a lack of international financial support stemming from the global community’s refusal to recognize the government in Afghanistan, revealed Petroleum Minister Dr. Musadik Malik on Wednesday. Speaking at Pakistan’s Energy Symposium, Malik highlighted Pakistan’s ongoing efforts to advance the TAPI…
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KARACHI: Chinese companies have shown significant interest in the expansion and upgrade of Pakistan Refinery Ltd (PRL), signaling a promising development for the country’s energy sector. PRL conveyed its enthusiasm in a notice to the Pakistan Stock Exchange on Wednesday. “In a significant step towards enhancing Pakistan’s refining capabilities, PRL senior management recently visited China to engage with engineering, procurement,…
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KARACHI: The Sindh Assembly was assured on Wednesday that the federal government has no plans to impose a tax on electricity generated through solar panels. This assurance came after the provincial government raised concerns over media reports suggesting such a proposal. During Question Hour, Energy Minister Syed Nasir Hussain Shah stated that the provincial government immediately approached the federal authorities…
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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) on Monday approved Power Acquisition Programme (PAP) of K-Electric (KE) for the period FY 2024-2028. According to a statement, K-Electric’s submission of the PAP on March 20, 2023, outlined a comprehensive plan to ensure a stable power supply by integrating renewable energy, local fuel, and power off-take from the National Grid. This…
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Islamabad, May 22, 2024: Overseas Investors Chamber of Commerce and Industry (OICCI), and Shell Pakistan Limited jointly hosted the Pakistan Energy Symposium. This significant event was produced by the Nutshell Group and took place at a local hotel. The Pakistan Energy Symposium – ‘Powering the Future’ brought together public stakeholders, policymakers, thought leaders, and industry specialists, to chart out a course…
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KARACHI: The Ambassador of Republic of Poland Maciej Pisarski has informed that the overall trade volume between Poland and Pakistan has reached to more than US$920 million, of which Pakistan exported goods worth US$800 million due to GSP Plus arrangement which gives duty free access of Pakistani goods to Polish Market whereas Poland’s exports to Pakistan stood at US$128 million…
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Karachi, Pakistan – May 21, 2024 – LONGi, the global pioneer in green power and green hydrogen solutions, proudly hosted ‘LONGi’s Renewable Energy Forum’ on May 20, 2024 in Karachi. The event brought together key industry leaders, government officials, and visionaries in the field of renewable energy. The event kicked off with a warm welcome session, followed by an inspiring…
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KARACHI: Pakistan’s electricity generation decreased by 13.87 percent to 8,639 GWh (11,612 MW) in April 2024, compared to the same month last year, driven by reductions in generation from RLNG, gas, local coal, and wind, according to data released on Tuesday. In April, the country produced 2,157 GWh of electricity from RLNG, 2,070 GWh from hydel, 2,043 GWh from nuclear,…
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