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First phase of Pakistan’s largest biomethane plant inaugurated in Karachi

Admin
largest biomethane plant

The first phase of Pakistan’s largest biomethane gas project, Biogas Power Generator, was inaugurated on Monday in Gadap district, Karachi, the country’s financial hub. Speaking at the event, Syed Qasim Naveed Qamar, Special Assistant to the Chief Minister of Sindh on Investment and Public-Private Partnership, lauded the initiative terming it “a significant step towards clean and environment-friendly energy”. He said…

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PPL and GoB Sign Landmark Memorandum of Agreement for Sui Development and Production Lease

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ppl

Sui, Dera Bugti – February 14, 2025: Pakistan Petroleum Limited (PPL) and the Government of Balochistan (GoB) have reached a significant milestone by signing a Memorandum of Agreement (MoA)—a crucial step towards the execution of the Petroleum Concession Agreement (PCA) for the Sui Development and Production Lease (D&PL). The signing ceremony, held at Sui, District Dera Bugti, was graced by…

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Global LNG: Asian spot LNG gains amid colder weather, Europe stocks concerns

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LNG

SINGAPORE: Asian spot liquefied natural gas (LNG) prices rose to an over-one-year high this week, amid forecasts of colder temperatures and as concerns of Europe’s storage levels persist. The average LNG price for March delivery into northeast Asia was at $16.10 per million British thermal units (mmBtu), the highest since November 2023, industry sources estimated. “The main market concern is…

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Saudi and Pakistan forge stronger tourism ties, unlocking unprecedented travel opportunities

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Saudi and Pakistan forge stronger tourism ties

Feb 14th, Karachi: Saudi is emerging as a top global travel destination in 2025, offering exciting new opportunities for Pakistani travelers. With over 2.7 million Pakistani travelers visiting Saudi in 2024 and an anticipated 2.87 million in 2025, the country is strengthening its accessibility and diverse experiences beyond religious tourism. Saudi is enhancing travel for various segments, including solo female…

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17th Annual CSR Summit-2025 to Take Place in Islamabad on February 18

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CSR-2025

Islamabad: The 17th Annual Corporate Social Responsibility (CSR) Summit and Awards-2025, themed “Sustainable Pakistan,” is set to be held on February 18 at a prestigious hotel in Islamabad. The event will be graced by the Federal Minister for Maritime Affairs, Qaiser Ahmed Sheikh, as the chief guest. Organized by the National Forum for Environment and Health (NFEH), the summit serves…

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Sir Syed University’s power system to be converted to solar energy

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mou-sir-syed

Sir Syed University will save about Rs. 50 million annually – Governor Kamran TesoriMoU signed between Sir Syed University and Redstone Energy at the Governor House KARACHI, February 13, 2025 – A Memorandum of Understanding was signed between Sir Syed University of Engineering and Technology and Redstone Energy at a ceremony held at the Governor House under which the power…

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Govt Plans to Convert 3,400 Closed CNG Stations into EV Charging Hubs

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NEPRA-EV

ISLAMABAD: In a bid to accelerate electric vehicle (EV) adoption, the government is considering repurposing 3,400 closed CNG stations into EV charging hubs while lowering electricity tariffs to attract investment. With only eight operational EV charging stations and 94,000 electricity units consumed for EV charging over the past year, the National Electric Power Regulatory Authority (NEPRA) reviewed a proposal on…

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Nepra Warns KE of Consequences Over Delayed Data Submission

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NEPRA-Office

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has cautioned K-Electric (KE) of serious repercussions for failing to provide timely and complete information as directed. According to Nepra’s order, KE was instructed on May 15, 2024, to submit details on net-metering applications rejected due to overloading of the Common Distribution System and Pole Mounted Transformers (PMTs) within seven days. However,…

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IMF Open to Reviewing Pakistan’s Power Tariff Cut Plan, Says PM Shehbaz

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pak-imf

ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday assured that concerns over the International Monetary Fund (IMF) rejecting Pakistan’s proposal to lower electricity prices have been addressed. Speaking at a federal cabinet meeting, he revealed that IMF Managing Director Kristalina Georgieva expressed willingness to consider Pakistan’s power tariff reduction plan if formally presented. During his recent visit to Dubai, the prime…

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Nepra Notifies Rs1.23 Per Unit Refund, Grills Discos Over Security Deposit Hike

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NEPRA-KE

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a Rs1.23 per unit negative fuel cost adjustment (FCA) for consumers of ex-Wapda distribution companies (Discos) and K-Electric (KE) in their current month’s electricity bills. For Discos, the negative FCA applies to electricity consumed in December, while for KE, it corresponds to consumption in November. However, Nepra’s Member Tariff Mathar…

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