After failure of Prime Minister’s designated inquiry committee in unearthing reasons of the January 23’s countrywide power breakdown, the National Electric Power Regulatory Authority (NEPRA) on Thursday constituted a committee to thoroughly investigate the matter. The power regulator said it had taken a serious notice of the outage and acquired a preliminary report from National Transmission and Despatch Company (NTDC)…
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The circular debt of Pakistan’s energy sector has crossed an alarming level of Rs4,177 billion, ARY News reported on Tuesday, citing sources familiar with the development. With the country’s economic situation getting appalling, the documents have revealed that Pakistan’s energy sector is running completely on credit. The circular debt in the energy sector is also swelling as the government is unable…
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This 120 MW deal helps to provide the most reliable and advanced string inverters for local users in Pakistan, which will undoubtedly strengthen the company’s leading position in Pakistan’s renewable energy industry. Growatt will supply the three-phase residential inverter MOD 3-15KTL3-X from its latest innovation, the Generation X series. The inverter features sleek and compact design as well as smart,…
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The project was announced in partnership with Reon Energy Pakistan’s leading Solar and Storage Solutions Specialist•The project is set to be installed at Lucky Cement’s Pezu plant in Khyber Pakhtunkhwa.•The project will cut around 29,569 Tonnes of CO2 equivalent emissions annually. Pakistan – Karachi, March 31, 2022: Lucky Cement Limited and Reon Energy today announced a 34 MW captive solar…
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The Azad Jammu and Kashmir (AJK) government and National Electric Power Regulatory Authority (Nepra) on Friday signed a Memorandum of Understanding (MoU) on the use of community infrastructure programmes and corporate social responsibility belt (CSR) funds. The signing ceremony was held here at Kashmir House. Prime Minister of Azad Jammu and Kashmir Sardar Abdul Qayyum Niazi, Nepra Chairman Tauseef H.…
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Uganda is aiming to become a crude oil exporter as the Uganda National Oil Company solidifies plans for a large oil field and pipeline project this year. This builds upon efforts by the government to attract greater foreign investment to the oil and gas sector. In addition, the development of a 60,000 bpd refinery will boost the country’s output. However,…
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As countries around the world rally behind net zero targets, hydrogen is increasingly seen as a missing piece of the energy transformation puzzle to decarbonise harder-to-abate sectors. The possible pathway on which hydrogen might evolve still involves many uncertainties. With the growing momentum to establish a global hydrogen market comes the need for a deeper understanding of its broader effects,…
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Work on thousands of industrial, agricultural and residential solar power projects has been halted across Pakistan following the withdrawal of exemption from 17 percent sales tax and 3 percent additional sales tax on import of solar power equipment announced recently in mini-budget. https://www.facebook.com/v2.9/plugins/quote.php?app_id=106170627023&channel=https%3A%2F%2Fstaticxx.facebook.com%2Fx%2Fconnect%2Fxd_arbiter%2F%3Fversion%3D46%23cb%3Df30576813a26468%26domain%3Dnation.com.pk%26is_canvas%3Dfalse%26origin%3Dhttps%253A%252F%252Fnation.com.pk%252Ff35811bb969a358%26relation%3Dparent.parent&container_width=779&href=https%3A%2F%2Fnation.com.pk%2F29-Jan-2022%2Fwork-on-thousands-of-solar-power-projects-across-pakistan-halted&locale=en_US&sdk=joey This was stated by Pakistan Solar Association founder and former chairman Muhammad Farhan in a meeting with…
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Talk of $100-a-barrel oil has intensified in recent days, but triple-digit prices may pose a disadvantage for major oil-producing nations that are set to meet next week to decide the best course of action on production levels. “It isn’t in OPEC+’s best interest to see prices go through $90 [a barrel] this year and move higher,” says Bob Ryan, chief…
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Oil prices extended gains to their highest levels in over seven years on Friday as ongoing global political turmoil fanned concerns over tight supply. The benchmark contracts are on track for their sixth straight weekly rise, the longest run of gains since October. Brent futures rose $1.25, or 1.4%, to $90.59 a barrel by 11:09 am ET (1609 GMT), having…
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