New Delhi– Suzuki Motor Corporation has declared India its global production hub for electric vehicles (EVs), with plans to export EVs to markets including Japan and Europe. Despite a global slowdown in EV sales, Suzuki Motor President Toshihiro Suzuki expressed confidence in India’s potential for EV growth. India, Suzuki’s largest market by sales and revenue through its subsidiary Maruti Suzuki,…
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Islamabad – Federal Minister for Power Awais Ahmad Khan Leghari has invited France’s Green Fund to support Pakistan’s transition to electric vehicles (EVs), focusing on small vehicles. The proposal was made during a meeting with French Ambassador to Pakistan Nicolas Galey in Islamabad. The Minister highlighted Pakistan’s recently introduced Electric Vehicle (EV) Policy, which aims to deliver annual fuel savings…
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Karachi, Pakistan – The NED University of Engineering and Technology hosted the 2nd International Conference on Technology-Driven Climate Action (CLIMATECH 2025) on January 16–17, 2025. Organized in collaboration with Dawlance and REON Energy, the two-day conference brought together global experts, policymakers, industry leaders, researchers, and students to address pressing climate challenges. The Chief Guest, Turkish Consul General Mr. Cemal Sangu,…
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Internet users across various cities in Pakistan continue to face slow connectivity, particularly during peak hours since two weeks after a fault was detected in the submarine cable AAA-1 near Qatar. Social media apps and web browsing remain sluggish for some users, prompting concerns over service reliability. A spokesperson for Pakistan Telecommunication Company Limited (PTCL) said internet traffic has been…
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• Slashes EV charging tariffs by over Rs30 per unit to promote clean energy• Expects electric vehicles to help cut oil bill by $6bn• Leghari seeks financing for rickshaw, small car owners ISLAMABAD: Promising the region’s lowest electricity tariff in a few months, the government on Wednesday decided to reduce power supply rates to electric vehicle charging stations (EVCS) by almost 44…
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SINGAPORE: QatarEnergy has raised the term price for al-Shaheen crude oil loading in March, trade sources said on Thursday, setting it at a premium that has been the highest in more than two years. The term price has risen by $2.76 to $3.81 per barrel, from the premium of $1.05 per barrel set for February-loading cargoes, the sources said. The…
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As Pakistan’s corporate sector increasingly turns to renewable energy to meet its power needs, Attock Cement became the latest entrant to join this trend, announcing the successful commissioning of a 4.8MW windmill project. The listed company shared the development in a notice to the Pakistan Stock Exchange (PSX) on Thursday. “We would like to convey the information that our windmill…
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KARACHI: Oil & Gas Development Company Limited (OGDC), Pakistan’s largest exploration and production (E&P) firm, has officially started oil and gas production from its Kharo-1 well in Khairpur, Sindh. The company made this announcement in a notice to the Pakistan Stock Exchange (PSX) on Wednesday. The Kharo-1 well is currently producing 20 barrels of oil per day (bpd) and five…
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ISLAMABAD: Federal Minister for Energy, Sardar Awais Ahmad Khan Leghari, informed the National Assembly on Wednesday about significant progress in the power sector. He highlighted that the government had reviewed contracts with 28 Independent Power Producers (IPPs), leading to savings of Rs1,457 billion for the national exchequer. In response to questions during the Question-Hour session, Leghari denied reports that any…
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The Board of Directors of Wafi Energy Pakistan Limited, formerly Shell Pakistan Limited, has appointed Zubair Shaikh as interim Chief Executive Officer (CEO), effective February 1, 2025. The announcement follows Waqar I. Siddiqui’s decision to step down as CEO on January 31, 2025. The development was disclosed in a notice to the Pakistan Stock Exchange (PSX) on Wednesday, with the…
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