QUETTA: The Balochistan government has allocated Rs861 million in the current financial year 2023-24 to expedite the construction of Mangi Dam, aimed at providing clean water to the residents of Quetta. Upon assuming office, the provincial government immediately released the funds to ensure the timely provision of safe drinking water to Quetta city. Mangi Dam, with a projected cost of…
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Rs600 Billion Lost Annually to Electricity Theft: Minister
ISLAMABAD: Federal Minister for Energy Sardar Owais Ahmad Laghari has revealed that electricity theft causes an annual loss of Rs600 billion to Pakistan. In an interview with Geo News programme Jirga, hosted by Saleem Safi, the minister disclosed that the country had 6,000 megawatts of surplus power on Saturday, but it was not supplied to avoid an additional Rs2.5 billion…
Read MorePower Cut Causes Flight Chaos at Manchester Airport
LONDON: Manchester Airport, the third-busiest airport in the United Kingdom, experienced significant disruptions on Sunday due to a major power cut. The outage resulted in the cancellation of over 100 flights, affecting thousands of passengers. A spokesperson for Manchester Airport reported that at least 20% of all outgoing and incoming flights were cancelled and warned of further disruptions. Aviation analytics…
Read MoreGovt Fails to Approve Solar Panel Policy
The government has once again delayed approving a new policy for solar panel manufacturing due to ongoing uncertainty over whether to promote solar energy or protect imported fuel-based power generation. This delay has adversely affected the investment plans of Sinotec Solar Corporation, a leading US manufacturer of solar panels,The company plans to relocate its factory from Thailand and set up…
Read MoreKuwait announces power cuts as demand spikes in summer heat
KUWAIT CITY: Kuwait has announced temporary power cuts in some parts of the country during peak consumption hours, saying it is struggling to meet increased demand spurred by extreme summer heat. In a statement, Kuwait’s Ministry of Electricity, Water and Renewable Energy said the scheduled cuts would occur for up to two hours a day, in the first such step…
Read MoreFive Years WorldREnewDay: Time to accelerate the transformation towards 100% renewable energy globally
Time to accelerate the transformation towards 100% renewable energy globally and to create a Global Renewable Energy Fund
On the occasion of WorldREnewDay 2024, the Global 100% Renewable Energy Platform declares
Read MoreMassive Power Outage Hits Balkan States Amid Heatwave
PODGORICA: A major power outage struck Montenegro, Bosnia, Albania, and most of Croatia’s coast on Friday, severely disrupting businesses, shutting down traffic lights, and leaving residents without air conditioning during a heatwave. Montenegro’s energy minister attributed the shutdown to a sudden surge in power consumption caused by the extreme heat. The interconnected power distribution systems across the Balkans facilitate transfers…
Read MoreHubco Subsidiary Partners with BYD to Introduce EVs in Pakistan
KARACHI: Mega Motor Company, a subsidiary of Hub Power Company Ltd (Hubco), is set to enter the electric vehicle (EV) market in Pakistan in collaboration with Chinese EV giant BYD Auto Industry Company Limited. Hubco announced in a notification to the PSX on Friday, “Hub Power Holdings Limited, a wholly-owned subsidiary of Hub Power Company Limited, through its associated company,…
Read MoreConsumers to Pay Rs1,952bn in Capacity Charges in FY25
ISLAMABAD: In the fiscal year 2025, electricity consumers will face a significant burden, paying Rs1,952 billion in capacity charges. This amount will contribute Rs18.39 per unit to the new power purchase price (PPP) of Rs30.88 per unit. For the outgoing fiscal year, the capacity charges revenue target was Rs1,874 billion, with consumers paying Rs17.02 per unit until June 30, 2024.…
Read MorePunjab Government Announces Free Solar Systems and Housing Support in New Budget
LAHORE: In an effort to reduce electricity costs and promote renewable energy, the Punjab government has allocated significant funds for the installation of solar systems and housing support in the upcoming fiscal year’s budget. During the provincial assembly’s budget speech on Thursday, Finance Minister Mujtaba Shujaur Rehman announced the provision of free solar systems for consumers using up to 100…
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