Author: Admin

Federal Minister Power Division Awais Khan Leghari has sought ADB’s support in addressing power sector debt repayment challenges, and in building confidence among private investors.

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New-Project52-1

Federal Minister for Power, Sardar Awais Ahmed Khan Leghari, met with a delegation of the Asian Development Bank (ADB) led by Ms. Leah Gutierrez, Director General, Central and West Asia Department. The Minister welcomed the ADB delegation and thanked them for their visit. Ms. Leah Gutierrez shared that this was her first visit to Pakistan in her current role and appreciated the opportunity to engage with the Power Division. The Minister briefed the delegation on key challenges facing the power sector, highlighting constraints in financing, issues related to rupee cover,…

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OGDC Clinches 40th Corporate Excellence Award 2025

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New-Project93

Karachi, December 17, 2025: Oil and Gas Development Company Limited (OGDC) has been honored with the prestigious Corporate Excellence Award 2025 in the Oil and Gas Exploration category for the second consecutive year. Organized by the Management Association of Pakistan (MAP), the award recognizes OGDC’s exemplary management practices and steadfast commitment to operational excellence. The award was received by Mr. Ahsan Shaikh, General Manager Incharge (Production), at a ceremony held in Karachi. The event was graced by Mr. Saeed Ghani, Provincial Minister of Sindh for Local Government, who presented the…

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Government Proposes Major Overhaul in Net-Metering Regulations

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Net-Metering

Islamabad, December 17, 2025: After months of delays, the government has finally taken decisive action on net-metering regulations, unveiling a draft that could significantly reshape the solar energy landscape in Pakistan. The proposed regulations, submitted for approval to the National Electric Power Regulatory Authority (NEPRA), mark a welcome course correction and are expected to generate debate across parliament, industry, and public opinion. The draft NEPRA (Prosumer) Regulations, 2025 proposes several key amendments: Reduced Agreement Term: The agreement period for solar prosumers has been shortened from seven years to five years.…

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Global Coal Demand Hits Record in 2025, but Decline Expected by 2030: IEA

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New-coal

LONDON: Global coal demand reached an all-time high in 2025, but is projected to plateau and begin a gradual decline by the end of the decade as renewable energy, nuclear power and abundant natural gas increasingly displace coal in electricity generation, the International Energy Agency (IEA) said on Wednesday. In its latest Coal 2025 report, the IEA said global coal demand is expected to rise by 0.5 percent this year to a record 8.85 billion metric tonnes, underscoring the continued dominance of coal as the world’s largest single source of…

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NA Panel Seeks Original CSR Agreements Between KPT and Gas Firms

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New-Project92

ISLAMABAD: A National Assembly standing committee on Tuesday expressed concern over the utilisation of Corporate Social Responsibility (CSR) funds and directed the Karachi Port Trust (KPT) to submit original agreements signed with two gas transport companies—Karachi Gas Transport Ltd (KGTL) and Karachi Gas Terminal Maintenance Ltd (KGTML)—to ensure transparency. The Standing Committee on Maritime Affairs, chaired by Abdul Qadir Patel, stressed that access to the original contracts was essential for proper oversight. While acknowledging some progress, the committee decided to seek additional documentation and convene a follow-up meeting to ensure…

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