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Year: 2025

Trina solar Unveils Shield Extreme Climate Solution at Sydney’s Smart Energy Conference, Strengthening PV Asset Resilience in Asia Pacific

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Sydney, Australia : As Australia grapples with increasingly unpredictable and extreme weather events, Trinasolar, a global leader in smart PV and energy storage solutions, has launched its Shield Extreme Climate Solution in the Asia Pacific region. Debuted at the Smart Energy Conference 2025 in Sydney, this cutting-edge innovation is engineered to safeguard utility-scale PV power plants from harsh environmental conditions…

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Power Sector Circular Debt Jumps by Rs147 Billion in First Two Months of 2025By Rana Ghulam Qadir

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ISLAMABAD: Pakistan’s power sector is facing mounting financial stress as the circular debt surged by Rs147 billion in the first two months of 2025, reaching a staggering Rs2,531 billion by the end of February, up from Rs2,384 billion in December 2024. According to government sources, the debt rose by Rs60 billion in January 2025, hitting Rs2,444 billion, followed by an…

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Nepra Questions Revival of Idle Kot Addu Plant Amid Surplus Power, Issues Notices to NTDC, Mepco

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New-KAPCO

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday raised serious concerns over efforts to revive the long-idle Kot Addu power plant, questioning its necessity given Pakistan’s existing surplus power generation capacity. During a public hearing on a three-year tariff petition filed by Kot Addu Power Company (Kapco), Nepra grilled stakeholders on why no alternative solutions were developed during…

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KE Write-Offs Surge to Rs76bn as Utility Seeks Additional Rs8bn, Drawing Public Backlash

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ISLAMABAD: K-Electric’s (KE) cumulative write-off claims have surged to a staggering Rs76 billion, with the utility now seeking an additional Rs8.131 billion in unrecovered billing losses, according to a fresh petition submitted to the National Electric Power Regulatory Authority (Nepra). The new request adds to KE’s previous Rs67.902 billion claim for the 2017-2023 Multi-Year Tariff (MYT) period. A prior public…

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Oil Prices Plunge 4% as U.S. Slaps 104% Tariffs on China, Demand Outlook Dims

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Oil prices

SINGAPORE/BEIJING: Oil prices tumbled to their lowest levels in over four years on Wednesday, rattled by escalating trade tensions between the United States and China, coupled with rising global supply concerns. The downturn follows the U.S. imposition of a staggering 104% tariff on Chinese imports, reigniting fears of a prolonged trade war and weakening fuel demand. Brent crude fell by…

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Pakistan, Saudi Arabia Explore Deeper Collaboration in Energy and Minerals Sectors

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ISLAMABAD: A high-level Saudi delegation led by Deputy Minister for Mining Abdulrahman Al-Belushi met with Pakistan’s Federal Minister for Petroleum, Ali Pervaiz Malik, to explore avenues for enhanced collaboration in the energy and minerals sectors. The meeting took place on the sidelines of the Pakistan Minerals Investment Forum 2025, highlighting growing bilateral ties and mutual investment interest. Minister Malik highlighted…

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Jam Kamal Calls for global and local collaboration to unlock 95% unexplored reserves

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ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, has called for ramped-up foreign and local investment to unlock Pakistan’s vast untapped mineral resources—nearly 95% of which remain unexplored. Speaking at the inaugural session of the Pakistan Minerals Investment Forum 2025, jointly hosted by the Oil and Gas Development Company Limited (OGDCL) and the Special Investment Facilitation Council (SIFC), Kamal underscored…

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Pakistan and Turkiye signed a joint bidding agreement to jointly participate in offshore bid round of Pakistan

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Minister for Petroleum Ali Pervaiz Malik and Alparslan Bayraktar, Minister of Energy and Natural Resources of Turkiye witnessed the signing ceremony. In a significant development, Pakistan and Turkiye have stepped into cooperation in oil and gas exploration. On the sideslines of Pakistan Minerals Investment Forum 2025, Pakistan and Turkiye have signed a joint bidding agreement to jointly participate in offshore…

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Govt Confirms Hefty Salaries of Nepra Chairman and Members Amid Controversy

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ISLAMABAD: The federal government has confirmed that top officials of the National Electric Power Regulatory Authority (Nepra) granted themselves substantial salary hikes earlier this year—without prior cabinet approval—sparking renewed concerns over governance and transparency in regulatory bodies. Responding to a question in the National Assembly from MNA Shagufta Jumani, Minister Incharge for Cabinet Division Dr. Tariq Fazal Chaudhry revealed that…

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Pakistan Showcases 600,000 sq-km Mineral Wealth at Landmark Investment Forum

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Pakistan-Mineral

ISLAMABAD: Pakistan officially launched the Pakistan Mineral Investment Forum 2025 (PMIF25) today, aiming to spotlight its immense mineral wealth spread over 600,000 square kilometers. Federal Minister for Petroleum and Natural Resources, Ali Pervaiz Malik, inaugurated the two-day forum (April 8–9), emphasizing the country’s untapped potential and commitment to responsible mining practices. Joined by Oil & Gas Development Company Limited (OGDCL)…

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