ISLAMABAD: Karachi Electric (KE) has issued a stern warning to the federal and Sindh governments regarding potential widespread power outages and disconnections in Karachi if the provincial government fails to settle Rs 9 billion in reconciled bills. These funds are crucial for system improvements, according to well-informed sources. This urgent message was communicated to top political and public office holders…
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Government Faces Dilemma Over Massive Solar System Installations
ISLAMABAD: The federal government is caught in a quandary regarding the widespread installation of solar systems nationwide. Bureaucracy warns that solarisation could be disastrous for the existing power sector, while politicians in high offices are skeptical of this view. Interactions with bureaucrats and officials close to politicians reveal that net metering, or solarisation, has become a contentious issue in Islamabad.…
Read MoreSolar Investment Surpasses All Other Power Sources: IEA
The International Energy Agency (IEA) reported that global investment in clean energy is set to hit $2 trillion this year, with solar power leading the charge. According to the IEA’s annual World Energy Investment report, investments in solar energy are expected to reach half a trillion dollars, outpacing all other electricity sources combined. “Clean energy investment is setting new records…
Read MoreOil Industry Protests Against Railways’ Diesel Tender Favoring Imports
ISLAMABAD: The oil industry has raised objections against Pakistan Railways’ tender specifications, which effectively exclude high-speed diesel (HSD) from local refineries and favor imported products, incurring significant foreign exchange costs. Adil Khattak, Chairman of the Oil Companies Advisory Council (OCAC) and CEO of Attock Refinery Ltd, has formally lodged a complaint with the government regarding the tender for HSD procurement.…
Read MorePakistan’s Federal Minister for Power Awais Leghari visited LONGi
On June 8, 2024, Awais Leghari, the Federal Minister for Power of the lslamic Republic of Pakistan, visited LONGi’s headquarter, in Xi’an. Mr. Li Zhenguo, founder and President of LONGi, attended and led his Excellency to visit the LONGi Green Energy Smart Energy Exhibition Hall, introducing in detail, the development history of the photovoltaic industry, LONGi’s history, business segments, R&D…
Read MoreComprehensive Guide on LPG Safety: Ensuring Your Home and Workplace are Secure
Liquefied Petroleum Gas (LPG) is a highly versatile energy source widely used for cooking, heating, and even as a fuel for vehicles. Despite its convenience and efficiency, LPG poses significant risks if not handled properly. Ensuring safety in the usage, storage, and transportation of LPG is crucial to prevent accidents. The recent tragic LPG incident in Pakistan serves as a…
Read MoreOil & Gas Conference Pakistan 2024
At a critical juncture when there is a worldwide movement towards rapidly shifting from fossil fuels to green energy sources to sustainably power homes, factories, and markets; a conference took place in Islamabad at the end of May 2024 to delve into the history, current state, and future prospects of the Pakistani oil and gas sectors. The Monthly Energy Update,…
Read MoreNeelum Jhelum Hydropower Project to Remain Closed for Additional Two Years
The Neelum Jhelum Hydropower Project (NJHPP), with a capacity of 969 MW, has been completely shut down for over two months. Despite this, the root cause of the problem has not yet been identified. According to a report by Dawn newspaper, officials familiar with the situation have stated that the issue appears to be more significant than initially anticipated. The…
Read MoreSTDC to Sign Agreements with Companies for Transmission of 600 MW Power from Private Sector
Karachi: Sindh Energy Minister Syed Nasir Hussain Shah chaired a meeting of the Sindh Transmission and Dispatch Company (STDC) board at the Energy Department’s committee room. The meeting ratified the decisions of the previous session and introduced several new significant resolutions. During the meeting, it was decided that an MoU would be approved with Go Energy Private Limited, which aims…
Read MoreKCCI appreciates Govt for giving ‘industry status’ to warehouses & logistics
KARACHI: President Karachi Chamber of Commerce and Industry Iftikhar Ahmed Sheikh has appreciated the government for announcing the much-awaited status of Industry to warehouses and logistics which was widely being demanded by the business and industrial community.In a statement issued, President KCCI said that the status of industry for warehouses and logistics was an outcome of a series of meetings…
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