Connect with us

Latest News

Pakistan is positioned among the leading solar markets due to escalating electricity expenses.

Published

on

Pakistan has quickly grown to be a major solar market as people and companies there look for ways to reduce their skyrocketing electricity costs. Within two or three years, Pakistan has emerged as one of the world’s biggest importers of solar panels.
The World Economic Forum reports that Pakistan is the third-largest importer of Chinese solar panels, having purchased 13 gigawatts of solar panels in the first half of the current fiscal year. Over 30% of the nation’s 46 gigawatts of total power generation capacity in 2023 is presently derived from imported panels.

This change is mostly caused by the rising demand for alternative energy sources as a result of rising electricity prices. In addition, solar energy has become more affordable due to a 90% decrease in solar panel prices over the last ten years. Government initiatives like the introduction of net metering and the repeal of the 17% sales tax have further sped up the adoption of solar.

According to experts, careless contracts with Independent Power Producers (IPPs) are to blame for Pakistan’s expensive electricity. According to the Institute for Energy Economics and Financial Analysis, Pakistan’s capacity payments from 2019–20 to 2023–24 were PKR 6 trillion, or roughly $21.5 billion, which made the country’s energy affordability situation worse.

Solarisation is still gaining traction as a practical way to address Pakistan’s energy problems, offering advantages for the economy and the environment. Pakistan has quickly grown to be a major solar market as people and companies there look for ways to reduce their skyrocketing electricity costs. Within two or three years, Pakistan has emerged as one of the world’s biggest importers of solar panels.
The World Economic Forum reports that Pakistan is the third-largest importer of Chinese solar panels, having purchased 13 gigawatts of solar panels in the first half of the current fiscal year. Over 30% of the nation’s 46 gigawatts of total power generation capacity in 2023 is presently derived from imported panels.

This change is mostly caused by the rising demand for alternative energy sources as a result of rising electricity prices. In addition, solar energy has become more affordable due to a 90% decrease in solar panel prices over the last ten years. Government initiatives like the introduction of net metering and the repeal of the 17% sales tax have further sped up the adoption of solar.

According to experts, careless contracts with Independent Power Producers (IPPs) are to blame for Pakistan’s expensive electricity. According to the Institute for Energy Economics and Financial Analysis, Pakistan’s capacity payments from 2019–20 to 2023–24 were PKR 6 trillion, or roughly $21.5 billion, which made the country’s energy affordability situation worse.

Solarisation is still gaining traction as a practical way to address Pakistan’s energy problems, offering advantages for the economy and the environment.

Latest News

‘Green City’ is how LHC sees Multan in order to combat pollution.

Published

on

By

On Friday, officials were ordered by the Lahore High Court to turn Multan into a “green city” in order to lessen the consequences of environmental pollution.

On Tahir Jamal’s petition, LHC Justice Jawad Hassan rendered a thorough decision.

In order to have its own 2020 order put into effect, the petitioner had prayed before the court.

The responsible officials were instructed by the court to create a strong plan for turning Multan into a green city.

All departments were instructed to designate spokespersons by the LHC.

All parties involved in this matter must be consulted, according to the specified instructions.

A long-term strategy is needed to address Multan’s environmental contamination and declining AQI, according to Justice Jawad Hassan.

Every department was ordered by the court to provide a report on a monthly basis.

The written directive stated that Multan’s efforts to address the pollution were insufficient.

The director general of PHA Multan told the court that 14,825 trees were planted in the city in 2024.

According to the director general of PHA, DG Khan, 28,471 trees were planted in 2024.

10,560 trees were planted in private housing societies by the Multan Development Authority, it was further said.

The court ordered that the matter be heard on the first Tuesday of each month.

Continue Reading

Latest News

Road accidents in Karachi claim six lives.

Published

on

By

Throughout Karachi, at least six people have died in road accidents in the past 24 hours.

When a water tanker struck their motorcycles on Shahrah-e-Millat Road close to Baloch Colony, two individuals were killed and one was injured. Angry residents set the tanker on fire after the driver left the site of the collision.

Two motorcycle riders were killed in another incident at Baldia Town’s Hub River Road after being struck by a water tanker. The tanker driver escaped as well.

Separately, a Coast Guard officer died after being hurt in an accident close to Kathore. The motorist left, leaving their car parked close by. The driver has been reported, and an investigation is being conducted to find them.

Near Chamra Chowrangi in Korangi, a motorcyclist was hit by a car, forcing the motorcycle to tumble into a sewer. The automobile driver fled the scene after one person died.

The governor of Sindh voiced his alarm about these occurrences and asked the IG Sindh for a report. Additionally, he instructed the authorities to take strong measures against the guilty.

Continue Reading

Latest News

LBA elections are due to take place.

Published

on

By

2,000 to 3,000 teachers will be retired by the Punjab School Education Department as part of a revamped strategy that emphasizes early retirement.

According to sources on Friday, instructors who have completed matriculation would be given preference for this type of retirement. The choice to voluntarily retire has also been made available to educators up to the age of fifty. All teachers in this age range have had their data requested by the department.

See also: Flop or Fix? An outline of the educational conundrum

The Chief Secretary has received a request to change the retirement rules, according to confirmation from the School Education Department. Teachers are only eligible for early retirement under the existing regulations if they are 55 years of age or older.

Continue Reading

Trending