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Category: Highlights

FPCCI Proposes Amendments in Petroleum Act 1934Atif Ikram Sheikh, President FPCCI

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FPCCI-Project

Karachi: Atif Ikram Sheikh, President FPCCI, has appreciated Senator Musadik Malik, Federal Petroleum Minister and the Director General of Explosives at Ministry of Petroleum for responding to the concerns of trade and industry vis-à-vis the definition, handling, storage and licensing requirements of liquid hydrocarbon, mixed hydrocarbons and any other material or mixture containing hydrocarbons. Atif Ikram Sheikh apprised that FPCCI…

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Dr. Sultan Al Jaber Gathers Global Leaders to Forge AI-Energy-Climate Partnerships at ENACT Majlis

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Sultan-Al-Jaber

Abu Dhabi, UAE – His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and ADNOC Managing Director, hosted 80 global leaders in energy, technology, climate, and finance at the ENACT Majlis, a gathering aimed at advancing sustainable energy partnerships to support AI’s rapid growth. Rooted in the Emirati tradition of open dialogue, the Majlis provided a collaborative platform…

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Senate Panel Raises Alarm Over Alleged Unlicensed Gas Sale in Badin-IV South Block

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Gas-Sale

ISLAMABAD: The Senate Standing Committee on Petroleum voiced serious concerns on Friday regarding the alleged sale of gas from the Badin-IV South Block in Sindh through an unlicensed third-party company. Chaired by Senator Umer Farooq, the committee convened at Parliament House and requested a comprehensive report on the matter in the next session. The Petroleum Division’s representatives shared that an…

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Punjab Embraces Green Growth with Local Solar Panel Manufacturing Deal

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Solar-Panel

LAHORE: Punjab’s push for green industrial expansion took a significant step as Provincial Minister for Industries, Commerce, and Investment Chaudhry Shafay Hussain announced a finalized agreement with a Chinese company to establish solar panel manufacturing in the province. Addressing the Lahore Chamber of Commerce and Industry (LCCI), Hussain emphasized Punjab’s focus on alternative energy to reduce production costs and support…

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Govt Proposes New Payment Model for IPPs to Curb ‘Excessive Profits’

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Govt-Proposes

The government has introduced a new financial framework aimed at restructuring payments to 18 independent power producers (IPPs) by cutting down their capacity costs and recovering what it considers “excessive profits” accumulated over past years. This initiative involves renegotiating power purchase agreements with IPPs established under the 1994 and 2002 policies. The negotiations, expected to conclude shortly, are part of…

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Ministry of Energy and Water Signs Agreement with Chinese Company

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china pakistan

The Ministry of Energy and Water announces the signing of an agreement with a Chinese company to invest in energy production projects from domestic resources in Afghanistan. Abdul Latif Mansoor, acting Minister of Energy and Water, urged the company not only to invest in energy production but also to support projects for energy transmission lines and the strengthening of distribution…

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Conversion of power plants to coal: NEA of China seeks to set up working group for talks

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ISLAMABAD: The National Energy Administration (NEA) of China is said to have shown willingness, in principal, to establish an ad hoc working group to facilitate discussion on conversion of three imported coal-fired power plants to local coal, well-informed sources in the PPIB told Business Recorder. This update was shared with the Power Division which is finalizing sectoral plan to support Government…

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NEPRA reveals a ‘net increase’ in November energy bills. What does this mean for consumers?

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NEPRA

Rising fuel cost adjustments and limited energy diversification put Pakistani consumers at risk of escalating electricity bills. Here’s how the total tariff works and what to expect moving forward. In a recent NEPRA hearing for September’s fuel cost adjustments (FCA), a case officer revealed a potential increase of ‘15 paisa per unit’ in the energy tariffs for XW-Wapda Distribution Companies…

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China’s NEA Proposes Working Group for Conversion of Power Plants to Local Coal

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Power-Plants

ISLAMABAD: The National Energy Administration (NEA) of China has expressed its willingness to establish an ad hoc working group to facilitate discussions on converting three coal-fired power plants in Pakistan from imported to local Thar coal, according to sources within the Private Power and Infrastructure Board (PPIB). This development aligns with Pakistan’s broader energy strategy to reduce dependency on imports…

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Bangkok to Host ASEAN Solar PV & Energy Storage Expo 2025

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ASEAN-Solar

The ASEAN Solar PV & Energy Storage Expo 2025 is set to illuminate Bangkok from March 5-7, bringing together international leaders, innovators, and experts in solar photovoltaic (PV) and energy storage. This influential event will spotlight cutting-edge developments in renewable energy, providing a dynamic space for professionals to exchange insights, forge partnerships, and explore the latest technologies driving sustainable growth…

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