February 25, 2025 -

Pakistani, Chinese firms sign strategic pact for EVMs in Pakistan

February 25, 2025February 25, 2025 Admin

Shanghai Launch Automotive Technology Co., Ltd. (LAUNCH) and Yousuf Dewan Companies (YDC) who are pioneer electric vehicle assembly company in Pakistan, have officially signed a Memorandum of Understanding (MoU) in Beijing.Pakistani cuisine recipes This agreement marks a significant step in bringing advanced electric vehicle (EV) technology to Pakistan and promoting sustainable mobility solutions in the region. In the signing ceremony,…

KAPCO’s power plant to remain in system till 2027

February 25, 2025February 25, 2025 Admin

Pakistan’s power producer Kot Addu Power Company Limited (KAPCO) on Tuesday informed that the National Electric Power Regulatory Authority (NEPRA) has approved the inclusion of its power plant in the Power Acquisition Plan (2023-2027) for distribution companies. The IPP disclosed the development in its notice to the Pakistan Stock Exchange (PSX). KAPCO stated that progress has been made on the…

Mari energies announces major gas and condensate discovery in Waziristan block

February 25, 2025February 25, 2025 Admin

Mari Energies Limited, a key player in Pakistan’s energy exploration sector, has announced a significant gas and condensate discovery at the Spinwam-1 exploratory well in the Waziristan Block, located in North Waziristan District, Khyber Pakhtunkhwa Province. This discovery marks a major breakthrough in the region’s hydrocarbon potential and could bolster Pakistan’s efforts to reduce its energy deficit. Spinwam-1, the second…

Solar energy in Pakistan: A boon or burden

February 25, 2025February 25, 2025 Admin

Over the past decade, solar energy has transformed from a niche alternative to a mainstream energy source in Pakistan. With an estimated 22 gigawatts of solar panels imported in 2024 alone, Pakistan has emerged as one of the most promising solar markets in the Asia-Pacific region. The rapid adoption of rooftop solar, declining costs, and favorable sunlight conditions have propelled…

Pakistan hesitant on IMF’s proposed carbon levy for clean energy transition

February 25, 2025February 25, 2025 Admin

ISLAMABAD: On Monday, Pakistan showed reluctance towards imposing a carbon levy, a key proposal put forward by the International Monetary Fund (IMF). The IMF has suggested this tax as part of its conditions for a $1 billion loan under the Resilience and Sustainable Facility (RSF), aimed at supporting climate-vulnerable nations in disaster preparedness and energy transition. During the opening discussions…

Waziristan Block- Discovery at Spinwam Well

February 25, 2025February 25, 2025 Admin

By the grace of Almighty Allah, Mari Energies Limited (formerly Mari Petroleum Company Limited) is pleased to announce gas discovery resulting from its exploratory efforts at Spinwam-1 exploration well, drilled in Waziristan Block, located in North Waziristan district, KPK Province. Mari Energies is the Operator of Waziristan Block having 55% working interest along with OGDCL and OPI as joint venture…

PSA, Energy Update sign MoU to promote solar industry awareness & events

February 25, 2025February 25, 2025 Admin

The Pakistan Solar Association (PSA) and Energy Update (EU) have signed a memorandum of understanding to jointly organise events aimed at promoting renewable power sources in the country.The MoU will enable the PSA to act as a partner of the Energy Update to help it organise its forthcoming event, the 2nd International Solar Conclave and Technology Excellence Awards-2025. The two…