ISLAMABAD: Pakistan’s circular debt in the power sector stood at Rs2.396 trillion by the end of March 2025 — marking a marginal Rs2 billion rise since July 1, but a notable Rs398 billion reduction compared to March 2024. According to a Power Division report covering the first three quarters (July–March) of the current fiscal year, payables to power producers increased by Rs33 billion to Rs1.633 trillion, up from Rs1.60 trillion in July 2024. In contrast, Gencos’ liabilities to fuel suppliers fell to Rs79 billion from Rs110 billion. The debt stock…
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Federal Minister of Petroleum Ali Pervaiz Malik Meets Vice Energy Minister of Kazakhstan to Strengthen Bilateral Energy Cooperation
Islamabad, April 28,2025 Federal Minister for Petroleum Ali Pervaiz Malik held a productive meeting with the Vice Minister of Energy of the Republic of Kazakhstan,H.E. Arymbek Kudaibergen, today in Islamabad. The high-level discussion focused on enhancing bilateral cooperation in the energy sector, including oil and gas exploration, minerals and investment opportunities. Both sides emphasized the importance of strengthening Pakistan-Kazakhstan relations, particularly in energy collaboration. Minister Ali Pervaiz Malik highlighted Pakistan’s growing energy demands and expressed interest in leveraging Kazakhstan’s expertise in hydrocarbon resources and mining. The Vice Minister of Energy…
Read MoreTo protect millions of people from unemployment, social, and economic losses, it is essential to prevent pollution in the sea, Minister EnergyNasirShah
Karachi Minister for Energy, Development, and Planning Sindh, Nasir Hussain Shah, stated that it is crucial to protect the sea from pollution to safeguard millions from unemployment and social and economic losses. In this regard, the Sindh government has taken significant measures and has strictly prohibited the discharge of untreated wastewater into the sea. He expressed these views at the inaugural ceremony of the “International Conference on Marine Biodiversity: Social, Environmental Aspects, and Technology” held at the University of Karachi. Present at the event were Vice Chancellor Professor Dr. Khalid…
Read MoreFederal Minister of Petroleum Ali Pervaiz Malik Meets Vice Energy Minister of Kazakhstan to Strengthen Bilateral Energy Cooperation
Islamabad, April 28,2025 Federal Minister for Petroleum Ali Pervaiz Malik held a productive meeting with the Vice Minister of Energy of the Republic of Kazakhstan,H.E. Arymbek Kudaibergen, today in Islamabad. The high-level discussion focused on enhancing bilateral cooperation in the energy sector, including oil and gas exploration, minerals and investment opportunities. Both sides emphasized the importance of strengthening Pakistan-Kazakhstan relations, particularly in energy collaboration. Minister Ali Pervaiz Malik highlighted Pakistan’s growing energy demands and expressed interest in leveraging Kazakhstan’s expertise in hydrocarbon resources and mining. The Vice Minister of Energy…
Read MoreBC Technology Ushers in New Era of Solar Industry with White Paper Release
Beijing, April 27 — The China Electricity Council, TÜV Rheinland, China General Certification Center(CGC), AIKO, and LONGi jointly released the Back Contact (BC) Solar Technology Development White Paper (hereinafter referred to as the “White Paper”) in Beijing. As the world’s first authoritative report on BC technology for the photovoltaic industry, the White Paper systematically elaborates on BC technology’s industrialization path, core advantages, and sustainable development potential, marking the official entry of BC technology—widely recognized as the “ultimate form of single-junction silicon solar cells”—into the large-scale application phase. The event was hosted by Prof.…
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