ISLAMABAD: Federal Minister for Energy Sardar Awais Ahmad Khan Leghari has announced a significant reduction in electricity tariffs for the industrial and agricultural sectors, aimed at boosting economic growth and supporting key productive areas of the economy. In his video message, the minister revealed that the country currently has 7,000 megawatts of surplus electricity, and the government has decided to allocate this additional power to the industrial and agricultural sectors, which he described as the backbone of the national economy. He stated that the power tariff for additional units consumed…
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Pakistan’s Mineral Sector at the Spotlight: Ali Pervaiz Malik and International leaders discuss cooperation in Sydney
The Federal Minister for Energy (Petroleum Division), Ali Pervaiz Malik, held a series of high-level meetings on the sidelines of the International Mining and Resources Conference (IMARC) 2025. Federal Minister for Petroleum Ali Pervaiz Malik held a productive meeting with Eng. Khalid Al-Mudaifer, Vice Minister of Industry and Mineral Resources of the Kingdom of Saudi Arabia. Minister Ali Pervaiz Malik appreciated the longstanding friendship and unwavering support of Saudi Arabia. He invited Saudi businessmen to invest in Pakistan. Ali Pervaiz Malik also met Ms. Diana Janse, State Secretary for International…
Read MorePower Division Lauds Nepra’s K-Electric Tariff Review as a Landmark Regulatory Correction
ISLAMABAD: The Power Division has hailed the National Electric Power Regulatory Authority’s (Nepra) decision to review K-Electric’s multi-year tariff as a landmark move promoting fairness, transparency, and regulatory consistency for the people of Karachi. In an official statement issued Wednesday, a Power Division spokesperson said the ministry was “proud of filing an in-time, merit-based review,” describing Nepra’s revised determination as a vital step toward aligning K-Electric’s tariff framework with national regulatory standards applied to other power utilities. Nepra’s review removed several tariff components deemed inconsistent with national norms — including…
Read MoreGlobal Coal Consumption Hits Record High in 2024 Despite Rapid Growth in Renewables
October 23, 2025:Global coal consumption surged to an all-time high in 2024, even as renewable energy sources such as solar and wind expanded at record rates, according to the latest State of Climate Action assessment. The report revealed that although renewables captured a growing share of electricity generation, rising global energy demand ultimately drove higher coal usage — pushing nations further off track from their Paris Agreement climate goals. It warned that greenhouse gas emissions continue to rise despite unprecedented clean energy deployment, highlighting a widening gap between climate commitments…
Read MoreQatar, Pakistan to Discuss LNG Supply Reductions as Domestic Energy Demand Falls
Doha/Islamabad, October 23, 2025:Officials from QatarEnergy are set to meet with representatives of Pakistan State Oil (PSO) next week to discuss Islamabad’s request to reduce liquefied natural gas (LNG) shipments for 2025, amid a marked decline in Pakistan’s domestic energy demand, Bloomberg reported on Wednesday. The meetings, scheduled for Monday and Tuesday, will focus on Pakistan’s proposal to postpone or resell around two dozen LNG cargoes in the international market. Although the discussions form part of regular annual supply reviews, industry observers say they have attracted significant attention due to…
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