The capacity payments these days are talk of the town and our criticism has been grossly misplaced when it comes to huge electricity bills, and who the real culprits are.Further, he likes of some of our ex-CT ministers, do not understand how power or energy sector works. Commenting and criticizing are easy, while not seeing where the problem is and what solutions can be offered for a better outcome.
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Introduction Solar energy is emerging as a key player in the global renewable energy landscape, offering a sustainable solution to the world’s increasing energy demands. In Pakistan, the adoption of solar panels has seen a significant rise due to the country’s abundant sunlight and the increasing need for alternative energy sources. However, the cost of solar panels can vary widely,…
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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…
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KARACHI: Despite uncertain economic conditions, Dewan Farooque Motors Ltd (DFML) has announced plans to start rolling out electric vehicles (EVs) in August. The company has entered into a toll manufacturing agreement with ECO-Green Motors Ltd (EGML) for the production of EGML’s Honri-VE, offering ranges of 200km and 300km.
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Ambitious 640MW combined solar PV projects plannedKarachi, May 4, 2024 – K-Electric (KE) has taken a significant leap in inducting a sustainable energy future. At a recent roadshow event the power utility showcased its ambitious solar PV based power projects that will establish 640 MW of renewable energy across its service territory, aligning with its vision of achieving a 30%…
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Irani Diesel ⛽️ back to 10,000,000 lites per day. Valued @$100/ bbl delivered C&F Karachi ; this amounts to $2.3 Billion per annum. Mostly paid by hundi/ hawal from Dubai to Iranian Dealers. 95% is delivered under informal Parchi system introduced in 2021 by FC( Dawn Business Reprt May 2nd 2024). About 10 million( including 3 million Baluch) , population…
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With the increasing demand for electricity as the world shifts away from fossil fuels, cleaner sources of energy like solar and wind are becoming more and more common. However, as more solar power is introduced into our grids, operators are dealing with a new problem that can be visualized as the “duck curve.” Utility companies use models to predict demand…
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In a recent report by Bloomberg economist Ankur Shukla, Pakistan’s economic landscape is poised for recovery, projecting a growth of 2.1 percent in the fiscal year and a significant acceleration to 4.8 percent in fiscal 2025. Several factors contribute to this optimistic outlook, including the approval of a $700 million loan tranche from the International Monetary Fund (IMF) in November,…
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Introduction: As Pakistan gears up for general elections scheduled for February 8, there are signs of optimism regarding the resolution of the country’s economic and political challenges. The announcement of a firm election date, following consultations between the Election Commission of Pakistan and the president, has put an end to speculation and controversy. Despite concerns raised by major political parties…
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There have been unusual developments in the value of the rupee (PKR) during the last seven weeks. From a trend in the form of a declining value with respect to the US$, there has been an unanticipated reversal in this trend. During the month of September and up to the middle of October the rupee has actually gained in value…
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