Author: Admin

Sindh govt- ADB agree on partnership in KCR revival, electric buses in $3bn talks

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New-Project5

ADB backs Karachi Mass Transit reforms as Murad Shah pitches climate-resilient transport, health, education project for 2026-29 KARACHI (Feb 25): The revival of the Karachi Circular Railway (KCR) and the launch of electric bus services in Karachi and other divisional headquarters of Sindh were agreed upon in a high-level meeting between Sindh Chief Minister Syed Murad Ali Shah and a high-powered Asian Development Bank (ADB) delegation led by Country Director Ms Emma Fan. Both sides agreed to deepen development cooperation and expedite priority transport projects across the province. Opening the…

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OGDC Injects $25m in Reko Diq During Quarter as Development Gains Pace

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Reko-Diq-1

ISLAMABAD: Oil and Gas Development Company Limited (OGDC) has continued to scale up its investment in the Reko Diq copper-gold project, contributing $25 million during the latest quarter as development work progresses steadily. The update was shared during a corporate briefing session held on February 23, 2026, attended by brokerage firm Topline Securities, according to a report. Management informed participants that a total of approximately $75 million was injected into the project during the quarter by Pakistan Minerals Private Limited (PMPL), with OGDC’s share amounting to $25 million. The company…

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FESCO Ensures Uninterrupted Power Supply, Prioritises Consumer Complaints

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power-transmission

FAISALABAD: Chief Executive Officer of Faisalabad Electric Supply Company (FESCO), Engr Muhammad Aamer, has reaffirmed the company’s commitment to ensuring uninterrupted electricity supply and prompt resolution of consumer complaints across its service region. Addressing an online E-Katchery held via Facebook at FESCO Headquarters in line with directives of the Ministry of Energy (Power Division), the CEO stated that resolving consumer issues remains the organisation’s top priority and that no negligence in this regard will be tolerated. He said all possible measures are being taken to maintain continuous power supply, while…

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PM Invites Qatari Investors to Explore Pakistan’s Infrastructure, Energy and Tech Sectors

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Shehbaz-Sharif

DOHA: Prime Minister Shehbaz Sharif on Tuesday invited members of the Qatar Businessmen Association (QBA) to explore investment opportunities in Pakistan’s infrastructure, logistics, energy, agriculture, technology and export-oriented manufacturing sectors, highlighting the country’s improving macroeconomic indicators and investor-friendly reforms. The prime minister was addressing a QBA delegation led by its chairman Sheikh Faisal bin Qassim Al Thani during his official visit to Doha. Welcoming the delegation, he appreciated QBA’s constructive role in strengthening economic and commercial linkages between Pakistan and Qatar, underscoring that private-sector-led engagement remains a key pillar of…

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Pakistan, Turkmenistan Explore Regional Energy Connectivity

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Pakistan-Turkiye

ISLAMABAD: Federal Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari on Tuesday held a meeting with Turkmenistan’s Ambassador to Pakistan, Atadjan Movlamov, to discuss strengthening regional energy connectivity and cross-border cooperation between Pakistan and Central Asia. The meeting, held at the Ministry of Energy, began with an exchange of greetings on the occasion of Ramazan. The minister conveyed his best wishes for peace, prosperity, and continued friendship between the two nations. Ambassador Movlamov highlighted the longstanding historical and cultural ties between Pakistan and Turkmenistan, noting that these bonds…

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