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LONGi announces new conversion efficiency of 33.5% for its silicon-perovskite tandem solar cells at Intersolar Europe 2023

June 15, 2023June 15, 2023 Admin

The Intersolar Europe 2023, one of the world’s leading exhibition for the solar industry, kicked off in Munich, Germany on June 14, 2023. At the exhibition site, LONGi announced the new conversion efficiency of 33.5% for silicon-perovskite tandem solar cells based on commercial CZ silicon wafers. According to the European Solar Test Installation (ESTI), LONGi has achieved conversion efficiency of 33.5% for…

OGRA HOLDS CONSULTATIVE SESSION ON NEUTRAL MARKET PRICE

June 14, 2023June 14, 2023 Admin

The Oil and Gas Regulatory Authority (OGRA has conducted a consultative session on Neutral Market Price under OGRA Gas (Third Party) Access Rules for Gas Pipelines and Gas Network Codes 2018 to encourage market liberalization and private investment and ownership in the gas sector.

NEPRA notifies tariff hike of Rs1.61 per unit

June 14, 2023June 14, 2023 Admin

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has notified a power tariff hike of Rs1.61 per unit on account of fuel charges adjustment (FCA) for April 2023. According to a notification issued by Nepra, the tariff hike will not be applicable to lifeline consumers and electric vehicle charging stations while power distribution companies (DISCOs) will show the increase in…

Massive exodus as super cyclone looms

June 14, 2023June 14, 2023 Admin

Thousands of people living in coastal towns and small islands in Thatta, Sujawal and Badin districts on Tuesday left their homes for safer places, two days before a ferocious cyclone was expected to make a landfall on Thursday (tomorrow) afternoon. Classified as a “Very Severe Cyclonic Storm” of Category 3, Biparjoy is expected to land around Thursday evening between Karachi…

LPG tankers await customs clearance at Torkham

June 14, 2023June 14, 2023 Admin

KHYBER: At least 15 tankers filled with liquefied petroleum gas (LPG) still await customs clearance at the Torkham border after they arrived from Central Asian states via the land route of Afghanistan about three weeks ago. A private company in Peshawar had signed an agreement to import around 60,000 tonnes of LPG from different Central Asian states a few months…

Seminar on Energy Crisis and Way Forward

June 13, 2023June 13, 2023 Admin

Karachi needs at least four more power distribution companies for efficiency of services, lowest electricity rates for consumers: Sindh Governor Karachi Karachi needs at least four more power distribution companies like the existing K-Electric to serve the city’s power consumers in the best possible manner with maximum efficiency of service and the lowest rates of electricity. Sindh Governor, Kamran Khan…

KPT to take over PICT as 21-year concession expires

June 13, 2023June 13, 2023 Admin

ISLAMABAD: The Cabinet Committee on Inter-Governmental Commercial Transactions (CCoIGCT) on Monday empowered the Karachi Port Trust (KPT) to take over the operations of the Container Terminal (Berths 6 to 9 at East Wharf) when its 21-year agreement expires on June 17 with the existing concessionaire — Pakistan International Container Terminal (PICT). The meeting of the committee presided over by Finance…

Rs151 billion ‘subsidy’ to shield power users from line losses

June 13, 2023June 13, 2023 Admin

• Dastgir reveals plan to dole out Rs315bn to ‘equalise’ K-Electric tariff with rest of country• Minister claims IMF okay with budgeted Rs894bn power package LAHORE: In a bid to offset the burden shouldered by power consumers due to the line losses of distribution companies (Discos), the government has decided to introduce a ‘budgeted’ subsidy to the tune of Rs151…

Authorities on high alert as cyclone nears Sindh’s coastline

June 13, 2023June 13, 2023 Admin

KARACHI: The Pakistan Meteorological Department (PMD) on Sunday said Cyclone Biparjoy over east central Arabian Sea had further intensified into an “extremely severe cyclonic storm (ESCS)”. It added that it had moved northward during the last 12 hours and was now near latitude 18.1N and longitude 67.5E. The PDMA said the cyclone was at a distance of about 760km south…

Heavier Russian crude to give 50pc FO; POL price cuts not likely

June 13, 2023June 13, 2023 Admin

KARACHI: Russian crude oil will produce more furnace oil (FO) than high speed diesel (HSD), which would not reduce the prices of petroleum products domestically, The News learnt on Monday. According to the oil industry players, arrival of the first cargo of Russian crude oil has been celebrated from the top level of the government to the media. However, the…