PM Shehbaz Tasks Fatemi to Resolve Siemens’ Concerns Over Rousch Power Deal

Shahbaz-Sharif

ISLAMABAD: Prime Minister Shehbaz Sharif has appointed Syed Tariq Fatemi, Special Assistant on Foreign Affairs, to address grievances raised by Siemens, a German partner in Rousch Pakistan Power Limited (RPPL), regarding a new deal negotiated by the Energy Task Force led by Federal Power Minister Sardar Awais Khan Leghari. The dispute surfaced during recent Pakistan-EU talks, with the German Embassy…

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K-Electric Seeks Rs461 Million Refund for Consumers; NEPRA Hearing Scheduled

K-Electric

ISLAMABAD: K-Electric has requested the National Electric Power Regulatory Authority (NEPRA) to approve a refund of Rs0.27 per unit to its consumers under the monthly Fuel Charges Adjustment (FCA) for October 2024, amounting to Rs461 million. NEPRA has scheduled a public hearing on December 5, 2024, to examine the petition. The hearing will evaluate the justification for the proposed FCA…

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Petrol and Diesel Prices Likely to Remain Steady

Petrol-Diesel

ISLAMABAD: The prices of major petroleum products are expected to see minimal changes for the next fortnight ending December 15, as slight shifts in international oil rates and a marginal improvement in the exchange rate balance out. According to industry sources, global prices for petrol and high-speed diesel (HSD) have risen slightly in the past two weeks, but recent declines…

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Sindh Government and Civil Society Align to Tackle Climate Impacts of Energy Projects

Nasir-Shah

KARACHI: In a significant step towards inclusive energy policy-making, Sindh’s Minister for Energy, Syed Nasir Hussain Shah, emphasized the need for government collaboration with civil society to shape climate-resilient energy policies. Speaking at the Sindh Energy Dialogue, jointly organized by The Knowledge Forum and NED University of Engineering and Technology, the minister outlined the province’s ambitious renewable energy initiatives, including…

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5 Billion Initial Investment Announced for Air Karachi to launch new airlineAtif Ikram Sheikh, President FPCCI

FPCCI-Project

Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has apprised that, in a transformational initiative for Pakistan’s aviation industry and its skies, top businessmen have formed a strategic alliance to launch the much needed, world-classes airline for Pakistan – which is named Air Karachi as its Head Office will be based in Karachi. The mega-venture is a joint effort by prominent…

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Dr. Irfan Afzal Mirza Re-Elected as WWEA PresidentWWEA General Assembly Elects New Board to Strengthen Global Wind Energy Advocacy

New-Project

Bonn, November 28, 2024 (WWEA) – The World Wind Energy Association (WWEA) General Assembly has announced the election of its new board for a two-year term. Dr. Irfan Afzal Mirza, who assumed the presidency from Hon. Peter Rae a year ago, has been unanimously re-elected as President. The assembly also elected the following Vice Presidents, reflecting a truly global representation:…

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WAPDA Chairman Emphasizes Timely Completion of K-IV Project

WAPDA-Chairman

Engr. Lt Gen Sajjad Ghani (Retd), Chairman of WAPDA, reviewed the construction progress of the Greater Karachi Bulk Water Supply Scheme (K-IV) during a site visit. Key components inspected included intake works, pumping stations, and pressurized pipelines. Highlighting the K-IV Project’s vital role in addressing Karachi’s escalating water demand, the Chairman stressed the urgency of expediting construction and meeting project…

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Onyx Solar Introduces Walkable Solar Tiles for Urban Spaces

Onyx-Solar

Spanish BIPV manufacturer Onyx Solar has launched innovative walkable solar floor tiles, designed for rooftops, patios, sidewalks, and other urban applications. These glass-glass modules have a nominal capacity of 75 W and are crafted for both functionality and durability. The tiles, weighing 23 kg each and measuring 75 x 75 cm, can be customized up to 4m x 2m. Made…

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KMC Becomes Pakistan’s First Municipal Council to Transition to Solar Energy

New-KMC

KARACHI: Mayor Barrister Murtaza Wahab inaugurated the solar energy conversion of the Karachi Metropolitan Corporation (KMC) building, making KMC Pakistan’s first municipal council to adopt solar power. The transition is expected to save millions of rupees annually while generating surplus electricity to be sold to K-Electric through net metering. The 150kW solar system, now operational at the KMC building, integrates…

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Asia Poised to Gain from Canadian and Mexican Oil Amid Potential US Tariffs

Oil-Price

SINGAPORE: Canadian and Mexican oil producers may turn to Asia as a key market if US President-elect Donald Trump follows through on a proposed 25% tariff on crude imports from these countries. This move could force producers to cut prices and redirect supplies, analysts and traders suggest. Sources familiar with the plan indicate that crude oil would not be exempt…

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