Author: Admin

Nepra Fines National Grid Company Rs10m for Non-Compliance on Power Planning Data

Admin
NEPRA-Office

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed a Rs10 million penalty on the National Grid Company (NGC), formerly the National Transmission and Despatch Company (NTDC), for failing to provide critical data related to the Integrated System Plan (ISP) 2024–34 despite repeated regulatory directives. In a detailed order issued on Friday, Nepra stated that NGC did not fulfill its regulatory obligations and failed to adequately respond to a show-cause notice. The regulator noted that during public hearings on the Indicative Generation Capacity Expansion Plan (IGCEP) 2024, NGC was…

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Murad Ali Shah inaugurates ‘My Karachi – Oasis of Harmony,’ symbolising business confidence, cultural harmony, shared progress.

Admin
New-Project54

• Traffic flow improves following the introduction of e-challans.• Gul Plaza affectees are being rehabilitated. KARACHI (Feb 6): Sindh Chief Minister Syed Murad Ali Shah, while addressing the inauguration ceremony of the 21st “My Karachi – Oasis of Harmony” International Exhibition at the Karachi Expo Centre, highlighted ongoing development initiatives in the city which include funding for industrial estates since 2017, major drainage and road improvement projects exceeding Rs13 billion, and several city projects worth over Rs1 billion each town. He noted improvements in traffic flow due to the introduction…

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Sky Electric Celebrates 10 Years with Launch of Sky Electric X, Pakistan’s First AI-Driven Intelligent Energy Ecosystem

Admin
New-Project52

Islamabad — Sky Electric, Pakistan’s leading smart solar and energy-storage company, marked a decade of innovation with the launch of SkyElectric X, a landmark initiative that transforms the company from a solar solutions provider into Pakistan’s first fully integrated, AI-driven intelligent energy ecosystem. The milestone event brought together government officials, industry leaders, global technology partners and long-standing customers, underscoring SkyElectric’s evolution from rooftop solar installations to a future-ready energy platform integrating artificial intelligence, advanced storage, electric mobility, cybersecurity and digital energy management. Addressing the gathering, Chairman Ashar Aziz reflected on…

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Barrick Reviews Reko Diq Project as Security Risks Escalate in Balochistan

Admin
Reko-Diq

LONDON: Global mining giant Barrick Mining has announced a comprehensive review of its Reko Diq gold and copper project in Balochistan, citing heightened security concerns in the region. Speaking during a post-earnings call, Barrick Chief Executive Officer Mark Hill said the company’s board is reassessing all aspects of the project, including security arrangements, development timelines and capital allocation, following a recent rise in security incidents in the province. Barrick said the review would commence immediately and that the company would provide an update once the process is completed. The move…

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