ISLAMABAD: Leading business associations — including the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), the Korangi Association of Trade and Industry (KATI), and the Bin Qasim Association of Trade and Industry (BQATI) — have urged the government to revise the proposed Industrial Power Incremental Consumption Package, calling for a reduction in the incremental tariff from Rs22.98/kWh to Rs16/kWh to ensure meaningful relief for manufacturers. The National Electric Power Regulatory Authority (NEPRA) will hold a public hearing on Tuesday (Nov 11) to review the package, which has already been…
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Net Metering’s Share in Power Mix Surges Amid Rising Solar Adoption
KARACHI: Pakistan’s transition toward solar energy gained further momentum as net metering’s share in total power generation rose by 57 basis points year-on-year in September 2025, according to data compiled by Arif Habib Limited (AHL) based on NEPRA’s latest statistics. Overall power generation in September 2025 increased by 0.8% YoY, while net metering units jumped 28.1% month-on-month, reflecting strong consumer interest in distributed solar systems among both households and industries. NEPRA projects overall power demand to grow 2.8% in FY25, mainly due to seasonal industrial activity and urban expansion. However,…
Read MoreQatar to Divert 24 LNG Cargoes in 2026 Amid Declining Demand in Pakistan
ISLAMABAD: In response to Pakistan’s declining liquefied natural gas (LNG) demand, Qatar Energy has agreed to divert 24 LNG cargoes in 2026 under a net proceeds differential mechanism, according to a report submitted to the Economic Coordination Committee (ECC). Under the agreed formula, Pakistan will bear the loss if Qatar sells the diverted LNG cargoes in the open market below the contracted price, with the differential passed on to domestic LNG consumers. The federal government will issue policy guidelines to the Oil and Gas Regulatory Authority (Ogra) to implement this…
Read MoreIRENA at COP30: Accelerating Global Energy Transition and Tracking Progress on the UAE Consensus
BRASÍLIA/BELÉM: The International Renewable Energy Agency (IRENA) has reaffirmed its global leadership role in driving the clean energy transition as it actively participates in COP30 in Brazil. As the custodian agency responsible for monitoring progress on global energy goals outlined in the UAE Consensus, IRENA—together with the COP30 Brazilian Presidency and the Global Renewables Alliance (GRA)—released the second edition of its flagship report, Delivering on the UAE Consensus: Tracking Progress Toward Tripling Renewable Energy Capacity and Doubling Energy Efficiency by 2030. Unveiled during a high-level pre-COP30 event in Brasília, the…
Read More“UAE Green Energy Boost: Nippon Energy Breaks Ground on 1GW Solar Panel Plant”
Dubai . Nippon Energy is making significant strides in renewable energy, particularly in the UAE. The company has broken ground on a cutting-edge Renewable Energy Technology Park in the UAE, featuring a Solar Panel Manufacturing Unit with an initial capacity of 500MW, scaling up to 1GW, alongside a 3GWh Battery Energy Storage System (BESS) and a 2GW AI-driven Inverter Manufacturing Plant. ¹ ² ³ This project aligns with the UAE’s vision for a sustainable future and the goals set out in the COP28 initiative. Nippon Energy aims to play a…
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