Karachi: A delegation from Germany met with Sindh’s Minister for Energy, Development, and Planning, Syed Nasir Hussain Shah, to discuss various investment opportunities in the energy sector. The minister provided a detailed briefing on Sindh’s energy projects, emphasizing the province’s vast resources in solar and wind energy. He highlighted that the Sindh government is actively supporting investors, leading to a…
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“Pakistan’s Solar Boom: 22 GW Imported in 18 Months, 10% Drop in Grid Demand”
Islamabad: Pakistan is witnessing an unprecedented solar revolution as communities and businesses take charge of their energy needs, outpacing government policies and traditional infrastructure. With a staggering 22 GW of solar panels imported in just 18 months, the country is undergoing a massive shift towards decentralized solar solutions. However, sustaining this momentum requires urgent policy reforms, infrastructure upgrades, and market…
Read MoreSindh govt to fully assist launching of EVs, charging facilities under PPP mode to cut transport sector’s fuel expense: Nasir Hussain Shah
Sindh Energy and Planning and Development Minister, Syed Nasir Hussain Shah, has said the provincial government will extend maximum assistance to the private sector willing to invest in the country to introduce electric vehicles and EV charging stations to curtail the fossil fuel consumption in the transport sector. The Sindh Energy Minister stated this on Wednesday while talking to the…
Read MoreKE organises awareness march, facilitation camp
KARACHI: K-Electric hosted an awareness march as part of its Hum Qadam facilitation camp in Liaquatabad FC Area to address customer needs, including new connections, bill payments, meter installations, and other related issues. The facilitation camp aims to provide residents with convenient solutions to their electricity-related concerns while enhancing interaction between power utility and customers. KE organises over 40 ‘Customer…
Read MoreEU 2024/25 soft wheat exports down
PARIS: European Union soft wheat exports since the start of the 2024/25 season in July reached 12.18 million metric tons by Jan. 26, up compared to 11.74 million the previous week, but down 37% from a year earlier, European Commission data showed on Tuesday. However, the Commission said export data for Italy has been incomplete for the past seven weeks.…
Read MoreOil prices dip as US crude inventories surge, tariff concerns loom
Oil prices fell on Wednesday, following a rise in U.S. crude stockpiles and easing worries over Libyan supply, while focus turned to potential U.S. tariffs on Canadian and Mexican imports. Brent crude futures were down 59 cents, or 0.76%, to $77.90 a barrel as of 0916 GMT, while U.S. crude futures had lost 55 cents, or 0.75%, at $73.22. The…
Read MoreOil prices hover near two-week low, Libya supply disruption offers support
Oil prices edged higher but remained near a two-week low on Tuesday, as weak economic data from China and rising temperatures elsewhere dampened demand prospects. Supporting prices was a disruption of oil loading operations in Libya. Brent crude oil futures were up 55 cents, or 0.70%, to $77.63 per barrel at 1236 GMT. U.S. West Texas Intermediate crude futures were…
Read MoreSaudi, UAE, Iraq, Libya energy ministers meet after Trump OPEC comments
DUBAI: Saudi Arabia’s energy minister met his counterparts from the United Arab Emirates (UAE), Iraq and Libya on Monday following U.S. President Donald Trump’s call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries. Saudi Energy Minister Prince Abdulaziz bin Salman held talks with Iraq’s Hayan Abdel-Ghani and Libya’s Khalifa Abdulsadek in Riyadh, the…
Read MoreIslamabad, January 26, 2025
The Federal Government, in response to OGRA’s determinations of SNGPL and SSGCL’s Review of Estimated Revenue Requirement for FY 2024-25, has issued advice on gas sale prices. Effective February 1, 2025, the gas sale price for General Industry (Captive) has been revised from Rs. 3,000/MMBTU to Rs. 3,500/MMBTU. The gas sale prices for all other consumer categories, including Domestic, Special…
Read MoreECC approves gas tariff hike for captive power plants as domestic consumers spared
The Economic Coordination Committee (ECC) approved an increase in gas tariffs for captive power plants while keeping rates for domestic consumers unchanged. The decision was taken during a meeting on Saturday, chaired by Federal Minister for Finance Mohammad Aurangzeb. The gas tariff for captive power plants has been raised from Rs. 3,000 to Rs. 3,500 per MMBTU, effective for the…
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