ISLAMABAD: The government has projected a modest reduction of Rs0.50 per unit in electricity tariffs following revised agreements with seven *independent power producers (IPPs). Despite this, total savings over the lifespan of these power plants are estimated at **Rs920 billion, a fraction of the *Rs2.5-2.8 trillion in annual capacity charges paid to IPPs. During a National Electric Power Regulatory Authority…
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Trinasolar, a global leader in smart PV and energy storage solutions, has strengthened its footprint in Pakistan’s renewable energy sector by forging strategic partnerships with key distributors—Mesol, Diwan, NMC Group, and Premier Energy. The Memorandums of Understanding (MOUs) were signed at the Solar Pakistan 2025 exhibition in Lahore, aiming to accelerate the adoption of Trinasolar’s cutting-edge *210mm n-type i-TOPCon Vertex…
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ISLAMABAD: The Private Power and Infrastructure Board (PPIB) has urged Chief Secretary Sindh to intervene in the delayed issuance of bank challans required for the second-term land lease rental payment of UEP Wind Power Private Limited (UEPL). In a letter to the Chief Secretary, PPIB Managing Director Shah Jahan Mirza referenced UEPL’s February 27, 2025, request, highlighting prolonged delays despite…
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ISLAMABAD: K-Electric (KE) has pointed towards the Power Division’s inaction as a key factor behind potential delays in the *conversion of the Jamshoro Power Plant to Thar coal, despite KE having a consultant onboard for the *Bankable Feasibility Study (BFS). While KE has completed its part by hiring a consultant *selected by the Power Division’s committee, the *lack of an…
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ISLAMABAD: The International Monetary Fund (IMF) has blocked the government’s proposed reduction in electricity tariffs, delaying the staff-level agreement (SLA) on the first biannual review of the $7 billion Extended Fund Facility (EFF). Media reports suggested that Prime Minister Shehbaz Sharif was expected to announce an Rs8 per unit reduction in electricity rates during his March 23 address to the…
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Karachi: The federal government had no choice but to revise Pakistan’s Net-Metering regime, as an unchecked surge in on-grid rooftop solar power installations could have severely impacted the national grid. This was the consensus among energy experts at a webinar titled “Net-Metering Debate: Facts vs. Claims”, organized by Energy Update in collaboration with the Pakistan Solar Association (PSA) and the…
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Pakistan’s Federal Minister for Energy (Petroleum Division), Ali Pervaiz Malik, on Friday briefed foreign ambassadors on the upcoming Pakistan Minerals Investment Forum 2025 (PMIF25) and invited delegates from their respective countries to explore Pakistan’s vast mineral resources and investment opportunities. He encouraged foreign countries to participate in this transformative dialogue shaping the future of Pakistan’s minerals sector.Scheduled to take place…
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The government of Pakistan and the World Bank have held discussions on a power project aimed at strengthening the country’s energy sector. The project’s objective is to increase the reliability and efficiency of Pakistan’s power distribution systems, ultimately benefiting consumers ¹. The World Bank has outlined a six-stage project cycle for the initiative, which includes identification, preparation, appraisal, negotiation/approval, implementation,…
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The government has directed local refineries to prioritize domestic production of petroleum products, aiming to reduce the country’s reliance on imports and stabilize the economy. The directive comes as Pakistan struggles with a significant trade deficit, largely due to the high cost of importing petroleum products. By increasing local production, the government hopes to reduce the burden on the national…
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A controversy has erupted in Sindh over the distribution of solar-powered electricity systems, with allegations of political influence and favoritism in the selection of beneficiaries. The Sindh government had launched an initiative to provide solar-powered electricity systems to rural households, aiming to promote renewable energy and reduce reliance on traditional power sources. However, sources within the provincial government have revealed…
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