Author: Admin

Enel Unveils €20 Billion Renewables Push, Plans €53 Billion Investment by 2028

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Enel-Project

MILAN: Italian energy major Enel has announced plans to invest €20 billion ($23.6 billion) in renewable energy projects by 2028, as part of a broader €53 billion capital expenditure programme for 2026–2028. The company revealed its new strategic plan on Monday, outlining total investments of €53 billion over the three-year period — roughly €10 billion higher than its previous 2023–2025 plan. “We are presenting an ambitious plan, but one that is credible and achievable,” Enel Chief Executive Officer Flavio Cattaneo told financial analysts. Focus on Renewables and Grid Expansion Of…

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AGP Directs HESCO to Remove Meters of Chronic Defaulters Under NEPRA Rules

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New-Bill

ISLAMABAD: The Auditor General of Pakistan (AGP) has instructed the Hyderabad Electric Supply Company (HESCO) to immediately remove electricity meters of consumers who have failed to pay three consecutive monthly bills, in line with regulations set by the National Electric Power Regulatory Authority (Nepra). Under Nepra’s Consumer Service Manual, if a consumer does not clear the third month’s bill — along with arrears from the previous two months — by the due date, the concerned distribution company (DISCO) is required to issue an Equipment Removal Order (ERO). The metering installation…

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Four terrorists killed in DI Khan IBO: ISPR

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Four terrorists killed

Security forces killed four terrorists during an intelligence-based operation (IBO) in Dera Ismail Khan district on Monday, the military’s media wing said. According to the Inter-Services Public Relations (ISPR), the operation was conducted on the reported presence of terrorists belonging to what it termed as “Indian proxy, Fitna al Khwarij.” “During the conduct of the operation, own troops effectively engaged the khwarij location and after an intense fire exchange, four khwarij were sent to hell,” the ISPR said in a statement. Weapons and ammunition were also recovered from the killed…

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Potato glut exposes planning gaps as NA body seeks urgent relief for farmers

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potato exports

The National Assembly Standing Committee on National Food Security and Research on Monday raised alarm over a deepening potato glut, warning that structural weaknesses in crop planning and market forecasting are pushing farmers into repeated financial distress. The committee, which met at Parliament House under the chairmanship of Syed Tariq Hussain, took up a Point of Order regarding the ongoing potato crisis and was informed that a high-level committee had been constituted by Prime Minister Shehbaz Sharif on February 18, 2026. The body, chaired by Deputy Prime Minister Ishaq Dar,…

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Gold, silver prices surge in global and local markets

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gold price

Gold and silver prices continued their upward trajectory in both international and local markets. In the international bullion market, the price of gold per ounce rose by $30 to reach $5,138. Spot gold was up 0.6 per cent at $5,136.22 per ounce by 0729 GMT after hitting its highest level since January 30 earlier in the session. US gold futures for April delivery gained 1.5 per cent to $5,157.50. In the domestic market, the price of gold per tola increased by Rs3,000 to Rs534,562. Similarly, the price of 10 grams…

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