ISLAMABAD: Pakistan is poised to emerge as a competitive energy supplier in the region by next year, Federal Minister for Power Sardar Awais Ahmad Khan Leghari announced during a National Assembly session on Thursday. Highlighting recent progress in the power sector, the minister said electricity prices have been slashed by 20% for domestic consumers and farmers, and by 31% for industries. He also revealed that the country has a surplus capacity of 7,000 megawatts, sufficient for the next three years. Ongoing negotiations with development partners aim to further reduce industrial…
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India Plans Major Water Diversion from Indus System Amid Rising Tensions with Pakistan
NEW DELHI/ISLAMABAD: India is reportedly considering drastic measures to curb the water flowing into Pakistan from the Indus River system, in response to a deadly April attack in Indian-administered Kashmir that New Delhi blames on Islamabad. According to multiple sources familiar with the matter, Indian Prime Minister Narendra Modi has directed authorities to fast-track plans to harness more water from rivers allocated to Pakistan under the 1960 Indus Waters Treaty. Following the attack that killed 26 civilians, India “put in abeyance” its participation in the treaty and has yet to…
Read MoreRefineries Get Relief as Govt Moves to Unlock \$6 Billion Investments
ISLAMABAD: In a significant policy intervention, newly appointed Petroleum Minister Ali Pervaiz Malik has taken decisive steps to shield Pakistan’s struggling oil refineries from further financial losses—measures that industry leaders say could unlock up to \$6 billion in long-stalled investments. The move comes as delays in implementing the Brownfield Refineries Policy 2023 had deterred foreign investors and stalled crucial plant upgrades. Malik also initiated the long-overdue implementation of the 35% third-party gas allocation facility, pending for years, to promote greater competition and transparency. Recent changes in the Finance Act 2024…
Read MoreGovt Pushes for Rapid Shift to Electric Motorcycles in Green Pakistan Drive
ISLAMABAD – A high-level meeting chaired by Prime Minister’s Special Assistant Haroon Akhtar Khan on Friday emphasized the urgent need to accelerate the adoption of electric vehicle (EV) technology in Pakistan, with a key focus on converting petrol-powered motorcycles to electric. The meeting brought together senior officials, including Ministry of Industries and Production Secretary Saif Anjum, COMSATS Executive Director Nafees Zakaria, and Engineering Development Board (EDB) CEO Khuda Bakhsh Ali. The participants discussed strategies to fast-track the retrofitting of motorcycles as a means to reduce the country’s dependence on fossil…
Read MorePetroleum Dealers Warn Proposed Bill Could Undermine Retail Sector, Empower Arbitrary Crackdowns
ISLAMABAD – The All Pakistan Petroleum Dealers Association (APPDA) has raised serious concerns over the proposed Petroleum (Amendment) Act 2025, warning that while its stated goal is to curb rampant fuel smuggling, the bill in its current form could severely penalize law-abiding fuel retailers and destabilize the country’s energy supply chain. Speaking to fuel station operators on Friday, APPDA spokesperson Hassan Shah criticized the bill for granting sweeping, unchecked powers to local administrative officials such as assistant commissioners and deputy commissioners—without judicial oversight or regulatory accountability. “These provisions open the…
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