Islamabad. The Oil and Gas Regulatory Authority (OGRA) in accordance with the Policy Guidelines of the Federal Government has determined the Regasified Liquified Natural Gas (RLNG) prices for suicompanies with effective from September 1st, 2023 as under:The increase in RLNG prices is due to increase in RLNG brent prices in the international market. The RLNG price notification for the month…
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Solar Pakistan 2023: LONGi Solar’s green innovation shines on the scene
Karachi, a land full of hope and sunshine, has become a witness of Solar Pakistan 2023. At this exciting moment, LONGi shines again, bringing a shocking feast to the global green energy industry. As the world’s leading solar energy brand, LONGi has always been at the forefront of renewable energy. At this exhibition, we proudly showcased our outstanding achievements in…
Read MoreThe Caretaker Federal Minister for Energy held meeting with PSO and OMCs
Karachi: September, 11, 2023. The Federal Minister for Energy Muhammad Ali hold important meeting with PSO management at PSO House Karachi. The Minister was briefed by the Managing Director Pakistan State Oil(PSO), Syed Muhammad Taha regarding overall performance and challenges being faced by the PSO. The Managing Director of PSO apprised the Minister that the PSO had an extensive network…
Read MoreNepra approves Rs1.46 per unit hike in FCA for September bills
The National Electric Power Regulatory Authority (Nepra) on Friday authorised ex-Wapda distribution companies (XWDiscos) to levy a Rs1.46 per unit charge in consumers’ electricity bills for September as part of fuel cost adjustment (FCA) charges. According to Nepra, the FCA pertains to the month of July. According to a notification issued by Nepra, a copy of which is available with Dawn.com,…
Read MoreWapda’s hydro tariff increased by 29pc
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday approved about 29 per cent increase in average generation tariff for Wapda’s hydroelectric stations to meet its Rs155 billion annual revenue requirement. Under the decision, the average generation tariff for FY23 has been allowed at Rs4.96 per unit when compared to Rs3.85 per unit in FY22. The Rs1.11 per unit…
Read MoreOil, gas reserves to end in 15 years
Hydrocarbon deposits deplete rapidly since no new major discovery made KARACHI: Pakistan’s oil and gas reserves have depleted by 17% and 6%, respectively, in the past one year till June 2023 as no major hydrocarbon discovery has been made since long. It signals that leftover deposits will be fully consumed in the next 15 years, according to a research house…
Read MoreCEOs of DISCOs summoned
ISLAMABAD: Taking serious notice, the National Electric Power Regulatory Authority (Nepra) has responded to a wave of consumer complaints regarding excessive electricity billing and alleged meter reading discrepancies by summoning the Chief Executive Officers (CEOs) of all state-owned distribution companies next week. A substantial number of grievances were filed by electricity consumers at Nepra’s headquarters, primarily concerning incorrect meter readings…
Read MoreIran seeks extension in gas pipeline deal
ISLAMABAD: As the threat of billions of dollars in penalty looms, Iran has asked Pakistan to extend their gas pipeline deal to keep the project alive in future. Pakistan and Iran have not been able to execute the Iran-Pakistan (IP) gas pipeline project because of longstanding US sanctions against Tehran over the latter’s alleged nuclear programme. Iran has already built…
Read MoreLONGi announces 2023 H1 business results
Xi’an, China, August 30, 2023- LONGi, the world leading solar technology company headquartered in Xi’an, released its business results for the first half of 2023 today. In the first half of 2023, LONGi generated CNY 64.652 billion in revenue, with a YoY increase of 28.36% and achieved CNY 9.178 billion in net profit attributable to shareholders of the listed company, with a YoY increase…
Read MoreKakar wants five-year economic plan drawn up
ISLAMABAD: Caretaker Prime Minister Anwaar-ul-Haq Kakar has directed the Ministry of Planning to prepare a five-year plan and national economic agenda to set a long-term economic direction. The planning ministry was also mandated for the constitution of different working groups to formulate the next five-year plan from 2023-24 to the fiscal year 2028-29. The planning ministry has also been mandated…
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