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    Set against the backdrop of Istanbul, the YouTube series follows Pakistani participants in a love quest inside a villa — and the drama is inevitable. (Instagram/lazawalishqofficial)

    Reality dating show ‘Lazawal Ishq’ removed from YouTube in Pakistan

    (Netflix)

    Kunal Kemu’s new comedy ‘Single Papa’ is here

    The film also stars Hira Warina, Ayesha Khan, Tridha Choudhury, Manjot Singh and Parul Gulati

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Govt to reduce solar net metering rates by Rs11/unit

MM News Staff by MM News Staff
November 21, 2024
(Representational Image)

(Representational Image)

ISLAMABAD: The federal government is planning a major revision to the tariff structure for electricity generated from rooftop solar panels, proposing a reduction to between Rs7.5 and Rs11 per unit.

Under the proposed system, the current credit arrangement—where two units of solar-generated electricity equate to one unit of grid electricity—would be altered. Instead, six units of solar power would now count as one grid unit.

This change aims to address the mounting financial burden posed by high capacity payments associated with solar energy usage.

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Despite the proposed changes, solar panel users will still face higher costs during peak hours, paying Rs60 per unit for grid electricity—an increase from the current rate of Rs42 per unit.

The move follows concerns raised by the International Monetary Fund (IMF) about the growing reliance on solar power and its impact on grid electricity consumption. The IMF has urged the government to boost demand for grid electricity, highlighting that Pakistan imported roughly 15 GW of solar panels, valued at $2.1 billion, from China in the last fiscal year.

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