Govt Unveils Rs100bn EV Subsidy Scheme Backed by New Car Levy

Electric-Vehicle

ISLAMABAD: In a landmark move to accelerate Pakistan’s transition to electric mobility, the government has approved a five-year Rs100 billion subsidy programme aimed at deploying 116,000 electric bikes and 3,170 electric rickshaws/loaders. This initiative, set to be formally launched by Prime Minister Shehbaz Sharif on August 14, will be financed through a newly introduced tax on conventional vehicles—dubbed the New Electric Vehicle Adoption Levy (NEVAL). Approved by the Economic Coordination Committee (ECC), the NEVAL will impose a 1% levy on local and imported cars up to 1300cc, 2% on 1301–1800cc…

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Growatt Achieves Global No.1 Residential PV Inverter Supplier in 2024

growatt

Growatt, a world-leading provider of distributed solar and energy storage solutions (ESS), has secured top positions in the 2024 global PV inverter rankings, solidifying its leadership in the solar energy sector and demonstrating its strong performance across key market segments. According to the latest report, Growatt is ranked the: The rankings are based on the newly released 2024 PV Inverter Market Tracker by S&P Global Commodity Insights, a leading authority in global solar market intelligence. The latest results mark a step up from Growatt’s 2023 performance, where it was named…

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Sindh Government Prioritizing Affordable Power for the People: Energy Minister

Inverex-Solar

Karachi – Sindh Energy Minister Syed Nasir Hussain Shah has reiterated the provincial government’s strong commitment to providing low-cost and environmentally friendly electricity to the people of Sindh. He made these remarks during a demonstration event held at the Energy Department office, where Inverex Solar Energy showcased its latest solar home systems, solar inverters with lithium batteries, and high-efficiency solar panels. The demonstration was led by Mr. Zakir Ali, CEO of Inverex Solar Energy, in the presence of Secretary Energy Department, CEO Sindh Transmission and Dispatch Company (STDC), MD Thar…

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Growatt Achieves Global No.1 Residential PV Inverter Supplier in 2024

Growatt, a world-leading provider of distributed solar and energy storage solutions (ESS), has secured top positions in the 2024 global PV inverter rankings, solidifying its leadership in the solar energy sector and demonstrating its strong performance across key market segments. According to the latest report, Growatt is ranked the: The rankings are based on the newly released 2024 PV Inverter Market Tracker by S&P Global Commodity Insights, a leading authority in global solar market intelligence. The latest results mark a step up from Growatt’s 2023 performance, where it was named…

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Pakistan Sets Sights on Moon Mission by 2035, Deepens Space Cooperation with China

New-Project18

BEIJING – Pakistan plans to launch its first-ever lunar mission by 2035, according to Federal Minister for Planning, Development, and Special Initiatives Ahsan Iqbal. The national space agency, SUPARCO, has received formal directives to lead this groundbreaking project under the “Uraan Pakistan” initiative. Speaking during a high-level meeting in Beijing with Shan Zhongde, Chairman of China’s Atomic Energy Authority and Space Agency, Iqbal underscored Pakistan’s commitment to advancing space exploration and technology in collaboration with China. The talks also covered deepening cooperation in peaceful nuclear energy and cutting-edge technologies such…

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