KARACHI: A groundbreaking study using Artificial Intelligence (AI) and satellite imagery has revealed a severe shortage of green spaces in Karachi, putting residents at heightened risk from climate change. Researchers from Aga Khan University (AKU) and New York University found that Karachi has only 4.17 square meters of green space per capita—less than half of the World Health Organization’s recommended…
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PESHAWAR: The Khyber-Pakhtunkhwa government has successfully completed the 10.2MW Jabori Hydropower Project in Mansehra District using its own resources. The project is set to generate 71.1 GWh of affordable electricity annually, which will be added to the national grid. An agreement for the sale of electricity was signed with PESCO in August, ensuring an annual revenue of Rs405 million for…
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ISLAMABAD: The renegotiation of agreements with Independent Power Producers (IPPs) has resulted in lifetime savings of Rs1.3 trillion, with the government actively working to pass these benefits on to electricity consumers, the Power Division announced on Tuesday. Electricity consumers have been paying Rs2.5 to 2.8 trillion annually in capacity charges to IPPs, some of which received payments without generating electricity…
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LAHORE: Pakistan Solar Association (PSA) Chairman Waqas Moosa has cautioned that proposed amendments to net metering regulations will severely impact the solar industry, particularly affecting residential users and Small and Medium Enterprises (SMEs). The new regulations aim to extend the payback period for on-grid photovoltaic (PV) systems from the current 1.5 years to approximately three years. In contrast, hybrid solar…
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HYDERABAD:* Pakistan’s energy sector is being mismanaged by inexperienced and irresponsible officials, pushing the country’s economy toward crisis, warned Hyderabad Chamber of Small Traders and Small Industry (HCSTSI) President Mohammad Saleem Memon on Tuesday. He criticized the government’s inconsistent and contradictory energy policies, highlighting the introduction of costly independent power producers (IPPs) without a comprehensive strategy. It later emerged that…
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PESHAWAR:* Advisor to the *Chief Minister of Khyber Pakhtunkhwa, Muzzammil Aslam, has dismissed the federal government’s assertions of economic improvement, citing alarming trends in *electricity production and industrial output. In a statement issued on *Monday, Aslam highlighted that **Pakistan recorded its lowest electricity production in February 2025, marking the weakest output since **February 2020, when the economy was reeling from…
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ISLAMABAD:* The National Electric Power Regulatory Authority (Nepra) has admitted a joint tariff reduction application filed by seven Independent Power Producers (IPPs) under the *Power Generation Policy 2002, in collaboration with the **Central Power Purchasing Agency-Guaranteed (CPPA-G). The proposal aligns with agreements made with the *Government’s Task Force on Power Sector Reforms. The seven IPPs seeking tariff adjustments include: The…
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ISLAMABAD:* Port Qasim Electric Power Company (PQEPC) has warned the government of a potential suspension of plant operations due to prolonged payment delays, stating that it could halt production without incurring liquidated damages (LDs) under its Power Purchase Agreement (PPA). The *1320 MW coal-fired plant, a key China-Pakistan Economic Corridor (CPEC) energy project, is among several Chinese-backed power plants facing…
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Ginlong (Solis) Technologies, a global leader in solar inverter manufacturing, proudly celebrates its 20th anniversary with a prestigious Bloomberg NEF Tier 1 ranking for Q1 2025. This recognition reaffirms Solis’ commitment to innovation, reliability, and sustainability in the renewable energy sector. The BloombergNEF Tier 1 designation is awarded to manufacturers demonstrating financial stability, consistent product performance, and a proven track…
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ISLAMABAD, March 17, 2025: Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production company, has announced a significant Gas and Condensate discovery at its Soghri North-1 well in the Soghri Block, located in the Attock district of Punjab. OGDCL is the sole of the Soghri Exploration License, with a 100% working interest.The Soghri North-1 well was spudded…
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