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Category: Highlights

Trina Storage Unveils Elementa 2 Pro at Energy Storage Summit Australia, Setting New Industry Standards

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Trina-Storage1

Sydney, Australia – Trina Storage, a global leader in energy storage solutions and a business unit of Trinasolar, has introduced its latest innovation, the *Elementa 2 Pro 5MWh energy storage system, at the **2025 Energy Storage Summit in Sydney. This marks the system’s Australian debut, reinforcing Trina Storage’s commitment to advancing *high-performance, localized energy storage solutions. The Energy Storage Summit,…

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Solar Prices Drop in Pakistan Following Government’s New Net Metering Policy

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Net-Metering

Solar panel prices in Pakistan have seen a significant decline after recent amendments to the federal government’s net metering policy. The cost of installing solar power systems has decreased by Rs35,000 to Rs175,000, depending on system size and market conditions. Currently, a 5 kW solar system is priced between Rs5 lac to Rs5.5 lac, while a 7 kW system costs…

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Pakistan Eyes $8 Trillion Mineral Wealth, Plans Investor Conference

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New-Project51

ISLAMABAD:* The government is ramping up efforts to unlock Pakistan’s vast mineral reserves—now estimated at $8 trillion—by attracting local and foreign investment. To showcase these opportunities, a high-profile mineral conference is planned for next month. At a recent federal cabinet briefing, officials highlighted the significant growth in estimated mineral wealth, up from the previous $6 trillion assessment. Currently, the mineral…

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Oil price cut to consumers: Govt urged to pass on benefit

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oil price

KARACHI: The world oil prices witnessed a big cut but our rulers didn’t pass on its benefit to the Pakistani masses, which is highly regretful, said Pasban Democratic Party (PDP) Chairman Altaf Shakoor here Sunday. He said when the world oil prices rise, the local oil prices are increased immediately by the government, but when these prices come down, the…

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Oil prices rise on US attack on Houthis and China economic hopes

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Oil prices

Brent futures rise 76 cents, or 1.1%, to $71.34 a barrel\ LONDON: Oil traded higher on Monday after the United States vowed to keep attacking Yemen’s Houthis until the Iran-aligned group ends its assaults on shipping while Chinese economic data fuelled hopes for higher demand. US President Donald Trump launched military strikes against the Houthis on Saturday over the group’s…

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Pakistan’s power generation falls 15% MoM, costs plunge 30% in February

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power

Power generation in Pakistan clocked in at 6,945 GWh in February 2025, a steep decline of 15% MoM compared to the previous month, suggesting a decline in economic activity. Back in January 2024, power generation stood at 8,153 GWh. On a yearly basis, power generation declined by 3% as compared to 7,130 GWh in the same month of the previous…

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DISCOVERY OF HYDROCARBONS IN EXPLORATORY WELL SPINWAM-1 (KAWAGARH FORMATION) BY MARL ENERGIES LIMITED (FORMERLY MARI PETROLEUM COMPANY LIMITED) IN WAZIRISTAN BLOCK – KP PROVINCE

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Mari energies

By the grace of Almighty Allah, Mari Energies Limited (formerly Mari Petroleum Company Limited) is pleased to announce second gas condensate discovery in Spinwam-1 exploration well in Kawagarh formation, drilled in Waziristan Block, located in North Waziristan district, KP Province. This follows the earlier announcement dated 25th February 2025 of the first hydrocarbon’s discovery in the same well in SumanaSukh…

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Chinese Firm Denies Allegations of Irregularities in Coal Bidding Process

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Sahiwal-Power

ISLAMABAD: Chinese company Huaneng Shandong Ruyi (HSR), the owner of the 1,360MW Sahiwal coal-fired power plant, has strongly refuted allegations of irregularities in its coal procurement process, dismissing them as a targeted attempt to tarnish its reputation for vested business interests. In a letter to the Power Division, HSR addressed a complaint filed by Noor Khan and Haider Sultan on…

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Solar Net-Metering Set to Expand Under New Policy: Energy Minister

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Net-Metering

Federal Minister for Energy Sardar Awais Ahmad Leghari announced on Sunday that the number of solar net-metering consumers is expected to rise following new policy regulations. Speaking on Geo News program Naya Pakistan, Leghari stated that solar consumers would recover their investment within approximately four years. He dismissed concerns that the government was discouraging solar adoption, clarifying that no taxes…

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Transmission and Distribution (T&D) Losses in Pakistan:

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Power

In the fiscal year 2023-24, Pakistan’s power distribution companies (DISCOs) reported an average T&D loss of 18.08%, exceeding the National Electric Power Regulatory Authority’s (NEPRA) target of 12.15%. DISCO-wise T&D Losses: The performance of individual DISCOs varied, with some experiencing significantly higher losses: PESCO (Peshawar Electric Supply Company): Approximately 38-40% SEPCO (Sukkur Electric Supply Company): Over 35% QESCO (Quetta Electric…

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