Business Leaders Decry Withdrawal of Rs7.41/unit Power Relief Amid Soaring Tariffs

Your-Bill

ISLAMABAD: Business leaders have voiced strong criticism over the reversal of the promised Rs7.41 per unit electricity relief and the continued outage of the 969MW Neelum-Jhelum Hydropower Project (NJHP), warning it could accelerate de-industrialisation. The concerns emerged during a Nepra public hearing on a request by the Central Power Purchasing Agency (CPPA) for an Rs8.7 billion fuel cost refund, equating to 65 paisa per unit, due to lower-than-expected fuel prices in June. Industrialists highlighted that the relief announced by the prime minister in March was not time-bound, yet its effect…

Read More

LONGi Supports Kazakhstan’s Energy Transition: Astana Photovoltaic Technology Seminar Concludes Successfully

[Astana, Kazakhstan, July 31, 2025] To actively support the development of renewable energy in Kazakhstan, LONGi, invited by Ministry of Energy of Kazakhstan, His Excellency Ilyas Bakytzhan, successfully held the “Empowering Kazakhstan’s Sustainable Future” photovoltaic technology seminar in Astana. The event brought together government officials, energy experts, and industry representatives to engage in in-depth discussions on “PV+” technologies and jointly explore paths for low-carbon energy transformation. Fulfilling the commitment and deepening the consensus on cooperationThis seminar is a practical measure taken by LONGi to fulfill the commitment made during the…

Read More

Thar Coal Development: TCEB Approves Strategic Tariff and Policy Measures to Strengthen Indigenous Energy Sector

Thar Coal Development

KARACHI (July 30) – Sindh Chief Minister Syed Murad Ali Shah chaired the 29th meeting of the Thar Coal and Energy Board (TCEB) at CM House, where several pivotal decisions were taken to accelerate coal-based energy development in the Thar region. Highlighting the impact of Thar’s coal power projects, the CM revealed that since 2019, over 2,600 MW of affordable electricity has been added to the national grid at just Rs 4.8 per unit—compared to Rs 19.5 per unit from imported coal—saving Pakistan nearly \$1.3 billion in foreign exchange. During…

Read More

Inverex and Bank Islami Partner to Launch 0% Markup EV Installment Plans

New-Inverex

In a major step toward clean mobility, Inverex has signed a strategic MoU with Bank Islami to provide electric vehicles (EVs) on easy 0% markup installment plans. This landmark collaboration aims to make sustainable transport more affordable and accessible to the masses. “Our partnership with Bank Islami is a step toward transforming Pakistan’s transportation landscape. We’re committed to making EVs accessible, affordable, and eco-friendly for every household,” said Mr. Zakir Ali, CEO Inverex EV.

Read More

Sindh Providing Cheap Power to KE from Nooribad and Hybrid Sources, Yet Facing Unjustified Objections: Nasir Hussain Shah

Nasir-Shah

Karachi – Sindh Minister for Energy, Planning, and Development, Syed Nasir Hussain Shah, has expressed concern over K-Electric’s stance, stating that despite being supplied affordable electricity from the Nooribad Power Plant and other hybrid and solar parks in Sindh, the utility continues to raise unnecessary objections over fossil fuel costs, which he termed “regrettable.” Speaking at a special session organized by the FPCCI Standing Committee on Energy, Shah reiterated the Sindh government’s opposition to any taxes on solar power, calling it a clean, economical, and sustainable source of energy that…

Read More