Author: Admin

SkyElectric Marks 10 Years, Launches AI-Powered Energy Intelligence Platform ‘SkyElectric X’

Admin
Sky-Electric

KARACHI: Marking a decade of operations, SkyElectric Pvt. Ltd has announced its transformation from a solar solutions provider into what it calls Pakistan’s first fully integrated, AI-powered Energy Intelligence Platform. At a ceremony held on February 3, the company celebrated ten years of operations in Pakistan’s renewable energy sector and unveiled SkyElectric X, a next-generation platform aimed at redefining how energy is produced, stored, managed, and optimized. Company officials said the initiative represents a shift from conventional solar panel installations toward intelligent, storage-led and AI-driven energy ecosystems. “The era of…

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PPL Injects Rs14 Billion More into Reko Diq, Total Equity Reaches Rs68.1 Billion

Admin
PPL-Rikodig

Pakistan Petroleum Limited (PPL) has injected an additional Rs14 billion (approximately $50.2 million) into the Reko Diq copper-gold project, raising its total equity contribution to Rs68.1 billion ($243.6 million). The fresh investment underscores Pakistan’s continued financial commitment to one of the country’s largest mining ventures despite prevailing security concerns in Balochistan. The project is operated by Canada-based Barrick Mining Corporation, which holds a 50 percent stake in Reko Diq. The remaining shares are split between Pakistani stakeholders, with PPL and other state-owned enterprises collectively owning 25 percent, while the Government…

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Income-Based Energy Tariffs on the Horizon as Government Plans Major Reform

Admin
Power-sector

The federal government is preparing a significant restructuring of electricity and gas pricing by shifting from the existing consumption-based slab system to an income-based tariff model. The move is part of broader energy sector reforms linked to Pakistan’s commitments under the IMF’s Extended Fund Facility (EFF). Under the proposed framework, subsidies will be allocated according to household income rather than the number of units consumed. This marks a structural transformation in the country’s pricing mechanism, aimed at improving transparency, efficiency, and targeted relief. Officials said the reform is being finalized…

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Pakistan and China Pledge to Deepen Strategic Friendship at Chinese New Year Event

Admin
Chinese New Year Event

Islamabad: Press Release On the occasion of the Chinese Spring Festival (Year of the Horse), the Embassy of the People’s Republic of China in Pakistan hosted a special event themed “Chinese New Year, China–Pakistan Go Together,” celebrating the new year alongside Pakistani brothers and sisters and reaffirming the enduring friendship between the two nations. Federal Minister for Petroleum Ali Pervaiz Malik graced the occasion as Chief Guest, sharing in the festivities and highlighting the deep-rooted bond between Pakistan and China. Extending heartfelt congratulations to the Chinese leadership, government, and people,…

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Government Disables Failed Social Media Firewall After Technical Issues and Economic Losses

Admin
Internet firewall

A major development has emerged regarding the firewall installed in Pakistan to control social media. According to official sources, the government has permanently shut down the firewall ahead of the 5G spectrum auction. Sources state that the firewall was installed in 2024 to monitor and regulate social media. However, due to technical issues, it failed to fully integrate with the telecom infrastructure. As a result, the project was declared unsuccessful after it did not achieve the desired outcomes. Officials said the failure of the project caused losses worth billions of…

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