ISLAMABAD: Federal Minister for Commerce, Jam Kamal Khan, has called for ramped-up foreign and local investment to unlock Pakistan’s vast untapped mineral resources—nearly 95% of which remain unexplored. Speaking at the inaugural session of the Pakistan Minerals Investment Forum 2025, jointly hosted by the Oil and Gas Development Company Limited (OGDCL) and the Special Investment Facilitation Council (SIFC), Kamal underscored…
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Pakistan and Turkiye signed a joint bidding agreement to jointly participate in offshore bid round of Pakistan
Minister for Petroleum Ali Pervaiz Malik and Alparslan Bayraktar, Minister of Energy and Natural Resources of Turkiye witnessed the signing ceremony. In a significant development, Pakistan and Turkiye have stepped into cooperation in oil and gas exploration. On the sideslines of Pakistan Minerals Investment Forum 2025, Pakistan and Turkiye have signed a joint bidding agreement to jointly participate in offshore…
Read MoreGovt Confirms Hefty Salaries of Nepra Chairman and Members Amid Controversy
ISLAMABAD: The federal government has confirmed that top officials of the National Electric Power Regulatory Authority (Nepra) granted themselves substantial salary hikes earlier this year—without prior cabinet approval—sparking renewed concerns over governance and transparency in regulatory bodies. Responding to a question in the National Assembly from MNA Shagufta Jumani, Minister Incharge for Cabinet Division Dr. Tariq Fazal Chaudhry revealed that…
Read MorePakistan Showcases 600,000 sq-km Mineral Wealth at Landmark Investment Forum
ISLAMABAD: Pakistan officially launched the Pakistan Mineral Investment Forum 2025 (PMIF25) today, aiming to spotlight its immense mineral wealth spread over 600,000 square kilometers. Federal Minister for Petroleum and Natural Resources, Ali Pervaiz Malik, inaugurated the two-day forum (April 8–9), emphasizing the country’s untapped potential and commitment to responsible mining practices. Joined by Oil & Gas Development Company Limited (OGDCL)…
Read MoreGrowatt’s SPM Hybrid Inverter: Empowering Pakistani Homes with Energy Independence
In the heart of Pakistan’s power crisis—where daily 8-hour blackouts disrupt lives from Karachi to Lahore—Growatt steps forward with a powerful solution: the SPM 3000-10000TL-HU hybrid inverter. With over 68% of families relying on costly diesel generators (consuming up to 35% of monthly income, according to NEPRA) and voltage fluctuations damaging household appliances, the demand for reliable, clean energy has…
Read MoreOpportunity for Fostering Economic CooperationFPCCI to Host High-Profile ASEAN Business Delegation
Karachi: Atif Ikram Sheikh, President FPCCI, has apprised that the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) is set to host a high-profile business delegation of 60 members of different sectors from the Association of Southeast Asian Nations (ASEAN) on April 21, 2025, at its Head Office in Karachi. President FPCCI continued that the ASEAN comprises an alliance…
Read MorePresident FPCCI Leads Trade Delegation to UK for Commonwealth Program
Karachi: Atif Ikram Sheikh, President FPCCI, is leading the Pakistani trade delegation to the United Kingdom to attend a Commonwealth program on 7th – 8th April. The strategic move aims to capitalize on the vast opportunities offered by the Commonwealth; which comprises of 56 countries with a combined GDP of over $13 trillion. Atif Ikram Sheikh will speak in the…
Read MoreLONGi Sets New Benchmark in Europe with 225.9MW Hi-MO 9 Solar Project in Greece
Athens, April 1st, 2025 – LONGi Solar, a global leader in solar technology, has announced a groundbreaking 225.9MW solar project in Greece, marking the largest deployment of Back Contact (BC) technology in Europe to date. This achievement highlights the dominance of LONGi’s Hi-MO 9 in utility-scale renewable energy projects and establishes BC technology as the future of photovoltaic innovation. Unrivaled…
Read MoreEngro Energy Denies Breach, Terminates EPQL Share Sale After Acquirer’s Exit
Engro Energy Limited (EEL), the parent company of Engro Powergen Qadirpur Limited (EPQL), has officially denied any breach of contract and terminated the share purchase agreement (SPA) for EPQL following the acquirer’s withdrawal. In a notice to the Pakistan Stock Exchange (PSX), EEL addressed the termination of the SPA signed with Liberty Power Holdings Limited and its consortium—Liberty Mills Limited,…
Read MoreGovt Confirms Implementation of Electricity Relief Package Amid Misinformation
ISLAMABAD: Power Division spokesperson Zafaryab Khan on Sunday reaffirmed that the electricity relief package announced by Prime Minister Shehbaz Sharif is fully in effect, dismissing circulating reports denying its implementation as “false and misleading.” Speaking to a private news channel, Khan stated that claims of no change in electricity tariffs were baseless and aimed at creating public confusion. “Certain elements…
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