ISLAMABAD: K-Electric (KE) has requested an additional fuel cost adjustment (FCA) of 51 paisa per unit for August, aiming to collect around Rs853 million from its consumers in the October billing cycle. This contrasts with public sector distribution companies (Discos), which have proposed a 57-paisa per unit refund for the same period. This demand follows KE’s earlier request for a…
Read MoreMonth: September 2024
Major Cut in Electricity Prices Unlikely Anytime Soon: Leghari
ISLAMABAD: Power Minister Awais Leghari on Friday signaled ongoing negotiations with independent power producers (IPPs), stating that the nation would soon hear positive developments regarding efforts to gradually reduce electricity prices. However, he cautioned that significant relief should not be expected immediately. Testifying before the Senate Standing Committee on Power, Leghari explained that the task force he leads, established by…
Read MoreMinister Petroleum joined Silk route expo & Conference in china
Dr. Musadik Malik, Federal Minister for Petroleum of Pakistan addresses China (Shaanxi)-Pakistan Conference for Economic and Trade Cooperation on the sidelines of 8th Silk Road International Expo at Xi’an Shaanxi Province, China , today . In his opening remarks , the minister thanked the Government of China and the Provincial Government of Shaanxi for partnering and organizing the conference on…
Read MoreRevolutionising Solarization
Solar Technology Future in Next 20 Years: A Perspective About Pakistan Govt must continue to incentivize solar energy adoption through subsidies, tax incentives, and favorable tariff structures; solar power will become increasingly accessible to households, businesses, and industries across country By Mustafa Tahir As the world grapples with the challenges of climate change, energy security, and sustainable development, solar technology…
Read MoreSEPRA to ensure most affordable power rates
Provincial Energy Minister Nasir Shah in interview assures to reduce operational costs, minimize losses, improve recoveries, and reduce electricity theft in Sindh and its capital Karachi; says STDC will work closely with SEPRA for effective transmission of clean energy Energy Update magazine conducted an Interview with Sindh Energy Minister Syed Nasir Hussain Shah. Some excerpts of the interview are: Nasir…
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HopeWind Seminar on Sustainable Energy Solutions
LAHORE: Prime Minister’s Pakistan Solarization Committee, Member, Engr. Syed Faizan Ali Shah has outlined major challenges for the solar industry as more and more distributed solar gets inducted into the distributed grid.“The solar industry must anticipate increase in exports from net-metered systems during shoulder months due to expansion of distributed solar,” he said while addressing a seminar on “Sustainable Energy…
Read MoreSindh Energy Minister Briefs French Envoy on Renewable Energy Projects
KARACHI: Sindh Minister for Energy, Development, and Planning, Syed Nasir Hussain Shah, met with French Ambassador Nicolas Galey and his delegation at the Energy Department office on Thursday. During the meeting, key discussions were held on alternative energy projects and mutual cooperation. Minister Nasir Hussain Shah, along with the Energy Department Secretary, provided an overview of various renewable energy initiatives…
Read MoreFinance Ministry Recommends Billing AJ&K at Basket Rate for Power Supply
ISLAMABAD: The Ministry of Finance has proposed that electricity supply to Azad Jammu and Kashmir (AJ&K) should be billed directly to the Government of AJ&K (GoAJ&K) at the prevalent basket price, aligning it with the billing system used for K-Electric and other distribution companies (Discos), according to well-informed sources speaking to Business Recorder. This recommendation was made in response to…
Read MorePower Demand Drops 17% in August as Consumers Shift to Solar
ISLAMABAD: Electricity demand from Pakistan’s national grid plummeted by 17.4% in August 2024, reaching 13,179 gigawatt-hours (GWh) compared to the same month last year. The decline is largely driven by surging electricity prices, lower industrial consumption, and milder temperatures following the heatwave. The reduced grid consumption, coupled with the rising adoption of low-cost rooftop solar systems in residential areas, has…
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