ISLAMABAD: Federal Minister for Energy Sardar Owais Ahmad Laghari has revealed that electricity theft causes an annual loss of Rs600 billion to Pakistan. In an interview with Geo News programme Jirga, hosted by Saleem Safi, the minister disclosed that the country had 6,000 megawatts of surplus power on Saturday, but it was not supplied to avoid an additional Rs2.5 billion…
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LONDON: Manchester Airport, the third-busiest airport in the United Kingdom, experienced significant disruptions on Sunday due to a major power cut. The outage resulted in the cancellation of over 100 flights, affecting thousands of passengers. A spokesperson for Manchester Airport reported that at least 20% of all outgoing and incoming flights were cancelled and warned of further disruptions. Aviation analytics…
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The government has once again delayed approving a new policy for solar panel manufacturing due to ongoing uncertainty over whether to promote solar energy or protect imported fuel-based power generation. This delay has adversely affected the investment plans of Sinotec Solar Corporation, a leading US manufacturer of solar panels,The company plans to relocate its factory from Thailand and set up…
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KUWAIT CITY: Kuwait has announced temporary power cuts in some parts of the country during peak consumption hours, saying it is struggling to meet increased demand spurred by extreme summer heat. In a statement, Kuwait’s Ministry of Electricity, Water and Renewable Energy said the scheduled cuts would occur for up to two hours a day, in the first such step…
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Time to accelerate the transformation towards 100% renewable energy globally and to create a Global Renewable Energy Fund
On the occasion of WorldREnewDay 2024, the Global 100% Renewable Energy Platform declares
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PODGORICA: A major power outage struck Montenegro, Bosnia, Albania, and most of Croatia’s coast on Friday, severely disrupting businesses, shutting down traffic lights, and leaving residents without air conditioning during a heatwave. Montenegro’s energy minister attributed the shutdown to a sudden surge in power consumption caused by the extreme heat. The interconnected power distribution systems across the Balkans facilitate transfers…
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KARACHI: Mega Motor Company, a subsidiary of Hub Power Company Ltd (Hubco), is set to enter the electric vehicle (EV) market in Pakistan in collaboration with Chinese EV giant BYD Auto Industry Company Limited. Hubco announced in a notification to the PSX on Friday, “Hub Power Holdings Limited, a wholly-owned subsidiary of Hub Power Company Limited, through its associated company,…
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ISLAMABAD: In the fiscal year 2025, electricity consumers will face a significant burden, paying Rs1,952 billion in capacity charges. This amount will contribute Rs18.39 per unit to the new power purchase price (PPP) of Rs30.88 per unit. For the outgoing fiscal year, the capacity charges revenue target was Rs1,874 billion, with consumers paying Rs17.02 per unit until June 30, 2024.…
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LAHORE: In an effort to reduce electricity costs and promote renewable energy, the Punjab government has allocated significant funds for the installation of solar systems and housing support in the upcoming fiscal year’s budget. During the provincial assembly’s budget speech on Thursday, Finance Minister Mujtaba Shujaur Rehman announced the provision of free solar systems for consumers using up to 100…
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PESHAWAR: A technical fault at the Rehman Baba grid station on Friday disrupted power supply to over 72,000 households in Peshawar. This issue arose when protesters forcefully restarted feeders that had been switched off by the Peshawar Electric Supply Company (Pesco) for scheduled load shedding. Pesco reported that protesters entered the grid station around 2 pm, forcibly turning the feeders…
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