Day: April 25, 2025

LESCO to Launch ‘Apna Meter, Apni Reading’ App for Self-Metering in Lahore

Admin
LESCO-New

LAHORE – In a move to boost transparency and reduce billing disputes, the Lahore Electric Supply Company (LESCO) is set to roll out a new mobile application allowing consumers to submit their own electricity meter readings. The initiative, titled ‘Apna Meter, Apni Reading’, was announced by LESCO Chief Executive Officer Ramzan Butt during his recent address at the Lahore Chamber of Commerce and Industry. While technical details and visuals of the app remain under wraps, the official launch is expected soon. “The survival of the country is directly linked to…

Read More

Big Relief for Solar Consumers in Pakistan as Installation Costs Drop

Admin
Relief-Solar

KARACHI – In a major boost for solar energy adoption, the cost of installing solar systems in Pakistan has dropped significantly, offering welcome relief for consumers amid soaring electricity bills and heatwave warnings across the country. The Lahore Electricity Supply Company (LESCO) has slashed the price of AMI bi-directional meters from over Rs52,000 to Rs42,000. The reduction follows LESCO’s shift from older green bi-directional meters to advanced AMI technology, making the transition to solar more affordable. The revised price includes all associated charges, further easing the financial burden on consumers.…

Read More

Off-Grid Solar Investment Drops 30% in 2024, Startups Hit Hardest

Admin
solar energy

Global investment in off-grid solar companies fell by 30% in 2024, totaling just under $300 million, according to GOGLA, the global association for the off-grid solar energy industry. The sharp decline primarily affected early-stage firms and productive-use technologies, raising concerns about the sector’s ability to innovate and scale during a critical phase of global electrification efforts. Despite the downturn, scale-ups captured over 75% of total investments, securing $229 million through securitizations and off-balance sheet structures. GOGLA noted that these mature companies are proving their commercial viability by balancing profitability with…

Read More

Pakistan Warns India: Water War Will Be Met with Full Force

Admin
New-Project1

ISLAMABAD: Pakistan’s civil and military leadership has issued a stern warning to India, declaring that any attempt to stop or divert Pakistan’s share of water under the 1960 Indus Waters Treaty will be treated as an act of war—a red line Islamabad says it is prepared to defend with the full might of its national power. This declaration came after India announced a suspension of the landmark water-sharing accord in response to the recent Pahalgam attack, which it blames on Pakistan. In an emergency session of the National Security Committee…

Read More

Govt Projects Rs1.57 Trillion Savings via Tariff Cuts for Power Plants under Hybrid Model

Admin
Power-Plant

ISLAMABAD: The government on Thursday unveiled revised contract terms for four state-owned power plants, aiming to save approximately Rs1.567 trillion over the long term by transitioning to a ‘hybrid take-and-pay’ tariff model. However, it did not clarify how the corresponding revenue shortfall would be addressed. During a public hearing held by the *National Electric Power Regulatory Authority (Nepra), it was revealed that two major LNG-based power plants — *Balloki and Haveli Bahadurshah (each over 1,200MW) — have operated without insurance coverage since commissioning in 2016, drawing strong criticism from Nepra…

Read More