Author: Admin

Elon Musk’s Starlink gets registered in Pakistan

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elon musk starlink

ISLAMABAD: IT and Telecom Minister Shaza Fatima Khawaja on Saturday announced that the satellite-based internet-providing company ‘Starlink’ had been registered in Pakistan. Elon Musk responded to messages on social media platform X, confirming that the company was negotiating with the government. The IT minister has responded to queries regarding the status of Starlink’s entry into Pakistan’s internet business on the social media platform, saying, “It is registered, and the licensing is in process.” At the same time, some enthusiasts tagged the owner of Tesla, X and Starlink, requesting him to…

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Solis Solarator Series: Pakistan’s Ultimate Solution for Uninterrupted PowerExperience Uninterrupted Power with Solis Energy Storage Inverters—Your 24/7 Energy Solution!

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Solis-Project

In a country like Pakistan, where energy reliability is a persistent challenge, Solis introduces the Solarator Series—a cutting-edge range of energy storage inverters designed to ensure uninterrupted power supply, even in areas with frequent load shedding and grid instability.The name Solarator represents its mission: combining “solar” and “generator” to provide a dependable energy solution for your home, business, or industry.Why Solarator is Perfect for Pakistan·Seamless Operation with Generators: For regions where generator use is common, the Solarator integrates effortlessly, ensuring continuous power when you need it most.·Low-Voltage Compatibility: Designed to…

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RLNG Diversion to Domestic Sector Rises to 450 mmcfd, Worsening Gas Circular Debt

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LNG

ISLAMABAD: The diversion of Re-gasified Liquefied Natural Gas (RLNG) to the domestic sector has surged to 450 million cubic feet per day (mmcfd) in January 2025, up from 250 mmcfd in December 2024, within Sui Northern’s jurisdiction. This increase significantly exacerbates the circular debt in the gas sector. The current domestic gas tariff averages Rs1,250 per MMBTU, while the RLNG tariff is Rs3,600 per MMBTU, creating a loss delta of Rs2,350 per MMBTU. A senior Petroleum Division official estimates the diversion loss from November 2024 to March 2025 at over…

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Chashma Nuclear Power Plant-5 to Be Constructed at Rs1.12 Trillion in 81 Months

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Chashma-Nuclear

ISLAMABAD: The Pakistan Atomic Energy Commission (PAEC) has submitted a petition to the National Electric Power Regulatory Authority (Nepra) seeking a levelized tariff of Rs16.7354 per unit (5.97 cents) for the upcoming Chashma Nuclear Power Plant-5 (C-5) project. The 1,200 MW facility is estimated to cost Rs1.124 trillion and will be completed within 81 months. The project financing comprises 19% equity and 81% debt, with the majority of funding sourced from China at an interest rate of 3%. The proposed tariff includes Rs19.8268 per unit for the initial 12 years…

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Engro Holdings Names Abdul Samad Dawood as New CEO

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Abdul-Samad

KARACHI: Engro Holdings Limited, one of Pakistan’s leading conglomerates, has announced the appointment of Abdul Samad Dawood as its new Chief Executive Officer (CEO), effective January 3, 2025. The decision was approved by the company’s Board of Directors (BoD) in a meeting held the same day. In a notice to the Pakistan Stock Exchange (PSX), Engro Holdings expressed its gratitude to outgoing CEO Mohammad Shamoon Chaudry for his invaluable contributions during his tenure. About Abdul Samad Dawood Abdul Samad Dawood brings over two decades of experience in management and governance…

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