ISLAMABAD: A leading Chinese electric motorcycle manufacturer is exploring opportunities for joint ventures, localisation, and investment in Pakistan’s rapidly evolving electric vehicle (EV) sector. A three-member delegation from Chaoniu Electric Motorcycle Company on Monday held detailed discussions with senior officials of the Board of Investment (BoI), focusing on potential collaboration in electric bikes, technology transfer, and setting up local manufacturing facilities. The talks underscored growing Chinese interest in Pakistan’s EV market, driven by rising fuel costs, supportive government policies, and increasing demand for affordable and sustainable mobility solutions. The delegation…
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Rising Subsidised Consumer Base Neutralises Power Tariff Cut
ISLAMABAD: Mounting challenges in Pakistan’s power sector have diluted the impact of a reduction in electricity tariffs, as the number of subsidised and low-income consumers has more than doubled to around 21 million over the past three years, effectively offsetting a 62-paisa per unit cut in the national average power rate effective January 1. In an unprecedented move, the National Electric Power Regulatory Authority (Nepra) on Monday issued its determination on annual tariff rebasing just hours after holding a public hearing on the federal government’s request. The swift decision drew…
Read MoreWWEA Strengthens Engagement with IRENA as Stefan Gsänger Joins Coalition for Action Steering Group
Abu Dhabi / Bonn — The International Renewable Energy Agency (IRENA) continues to consolidate its role as a leading global force in the energy sector, bringing together more than 170 member states through its headquarters in Abu Dhabi and its Innovation and Technology Center in Bonn, Germany. This week, government representatives and non-governmental observers convened in Abu Dhabi for IRENA’s annual General Assembly, a key forum shaping global energy policy at a time when renewable energy investments have surpassed those in fossil fuels. The World Wind Energy Association (WWEA), a…
Read MoreOGDC Steps Up Drive to Unlock Unconventional Hydrocarbon Potential
Oil and Gas Development Company Limited (OGDC) is actively evaluating Pakistan’s unconventional hydrocarbon resources as part of its long-term growth strategy, according to MD and CEO Ahmed Hayat Lak in an interview with Reuters. He said the company is expanding its tight gas evaluation footprint, with around 4,500 square kilometers of 3D seismic coverage planned across operated areas to delineate key horizons and unlock existing resource potential. OGDC has also lined up a series of shale gas exploratory wells—both vertical and horizontal—with five to six pilot projects targeted for 2026–27.…
Read MoreFederal and Sindh govts collaborate to revitalise SME sector; focus on Kunri red chilli industry
KARACHI (Jan 12): Sindh Chief Minister Syed Murad Ali Shah and the Prime Minister’s Special Assistant on Industry and Production, Haroon Akhtar, held a high-level meeting to forge a strategic partnership between the federal and provincial governments to foster Small and Medium Enterprise (SME) development in the province. The meeting, held at CM House, was attended by Minister for Industries Jam Ikram Dharejo, Chief Secretary Asif Hyder Shah, Special Assistant to the CM for Investment Syed Qasim Naveed, and Secretary to CM Raheem Shaikh. The federal government delegation included Federal…
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