October 06, 2025

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Electricity

Aurangzeb calls Rs1.2tr circular debt deal ‘biggest financing’ in Pakistan’s history

By Afnan Wasif
2 weeks ago
in :  Electricity, Featured, Federal Government, headlines, Latest News, Pakistan, Top Story
0
4

ISLAMABAD: Finance Minister Muhammad Aurangzeb has hailed the Rs1.2 trillion bank loan secured to settle Pakistan’s circular debt as the “largest financing and largest restructuring transaction” in the country’s history. On Wednesday, the government signed loan facilities worth approximately Rs1.225tr with 18 banks to settle the outstanding dues of Independent Power Producers (IPPs) parked in circular debt. These dues will …

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China builds “photovoltaic Great Wall” against desertification in Kubuqi Desert

By Sadia Khan
June 15, 2024
in :  China, Electricity, Featured, News, Top Story
0
12

Construction of a “photovoltaic Great Wall,” consisting of row upon row of blue solar panels, is underway deep in the Kubuqi Desert in north China’s Inner Mongolia Autonomous Region. Upon completion, the “photovoltaic Great Wall” will stretch across hundreds of kilometers. The “photovoltaic Great Wall” is also a “Great Wall” of green electricity, industries, innovation and prosperity, said Zhong Yuzhan, …

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Rs3.33 per unit hike for April notified

By Afnan Wasif
June 8, 2024
in :  Electricity, Featured, headlines, Latest News, Pakistan, Top Story
0
54

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday notified Rs3.33 per unit additional fuel cost against consumption in April to enable ex-Wapda distribution companies (Discos) to raise another Rs29 billion in June as the government confirmed on record a minor impact of solar net metering on electricity sales. Nepra “has reviewed and assessed a National Average Uniform increase of Rs3.3321/kWh …

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