You are here

Day: September 3, 2024

28 Companies Honored at Solar Technology Excellence Awards 2024 in Lahore

Admin
Solar-Award

Lahore – The Solar Technology Excellence Awards 2024, a prestigious event celebrating innovation and leadership in the solar energy sector, was held at a local hotel in Lahore. The ceremony, organized by Energy Update in partnership with the Ministry of Energy (Power Division), Private Power Infrastructure Board (PPIB), and Pakistan Solar Association, recognized 28 companies for their outstanding contributions to…

Read More

Imran Maniar Resigns as CEO and MD of Sui Southern Gas Company

Admin
SSGC

KARACHI: Imran Maniar has resigned from his position as Chief Executive Officer (CEO) and Managing Director (MD) of Sui Southern Gas Company Limited (SSGC) to pursue other opportunities, as stated in a notice issued by SSGC to the Pakistan Stock Exchange (PSX) on Tuesday. In an emergent board meeting held on September 2, 2024, SSGC’s Board of Directors accepted Maniar’s…

Read More

Dar Rejects Gas Allocation Proposals, Orders Revised Framework

Admin
Oil-and-Gas

ISLAMABAD: Ishaq Dar, Chairman of the high-level committee on oil and gas, has rejected the Petroleum Division‘s proposed framework for allocating discovered gas to third parties. Emphasizing that the government will not alter a policy already approved by the Council of Common Interests (CCI), Dar instructed the Petroleum Division to submit a revised draft within 15 days. The Petroleum Division…

Read More

IMF Pressures Punjab to Withdraw Electricity Subsidy by September 30th

Admin
electricity-tariffs

ISLAMABAD: The International Monetary Fund (IMF) has imposed stringent conditions on Pakistan following Punjab’s decision to offer a significant electricity subsidy, which the IMF deemed “fiscally reckless.” The provincial government had introduced a subsidy ranging from Rs45 billion to Rs90 billion, providing Rs14 per unit relief for two months to consumers using 201 to 500 units. Government sources revealed that…

Read More

Dr Kaiser Bengali walks away in protest from federal govt’s austerity, rightsizing drives

Admin
Kaiser-Bengali

Renowned economist, Dr Kaiser Bengali, has walked away from the present federal government’s ambitious drive to curtail its expenses by adopting austerity measures and rightsizing its operations.Dr Bengali has parted ways with three committees of the federal government formed for the purpose. These committees were formed for austerity, right-sizing, and slashing the government’s expenses.The prominent economist sent his resignation to…

Read More

Solar Conclave and Technology Excellence Awards

Admin

Conference underlines maximum exploitation of solar power potential to ensure Pakistan’s energy security The concerned energy sector representatives have emphasised greater exploitation of Pakistan’s solar power potential to swiftly transition away from fossil fuel-based electricity production and end acute economic sufferings of masses due to heightened power tariff.They were speaking at a panel discussion held as part of Solar Power…

Read More