16th Annual CSR Summit & Awards-2024

Former PM Shahid Khaqan Abbasi strongly urges new federal govt to roll out privatisation agenda in energy sector to save national economy Islamabad Former prime minister, Shahid Khaqan Abbasi, has strongly urged the Shehbaz Sharif-led new federal government to urgently implement the agenda of privatisation, particularly in the energy sector as the greater involvement of the private sector is key…

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Foreign Office Denies Reports of IAEA Official Visiting Pakistan


The Foreign Office has categorically dismissed recent reports claiming the presence of a high-level delegation from the International Atomic Energy Agency (IAEA) in Pakistan. The spokesperson clarified that there is no such visit currently underway, nor are there any planned policy discussions with the IAEA in the near future. The spokesperson emphasized that any stories regarding the IAEA’s visit to…

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Pakistan Solar Association (PSA) Loses Licence Due to Irregularities and Violations


The director general of trade organisations (DGTO) under the Ministry of Commerce has revoked the licence of the Pakistan Solar Association (PSA) citing irregularities and significant rule violations. In response, the DGTO has also imposed fines and barred key PSA members from joining other trade organisations. The decision to revoke the licence stemmed from allegations of the PSA’s involvement in…

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Pakistan Pledges Power Tariff Hike and DISCOs Privatisation to Address Financial Challenges


Islamabad has assured the International Monetary Fund (IMF) of timely electricity price increases and the recovery of pending generation costs exceeding Rs210 billion, signaling a move to enhance the financial viability of the power sector. This commitment, made during ongoing talks for a $1.1 billion loan tranche release, includes potential privatisation of power distribution companies (DISCOs) under concession agreements, marking…

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AKU Collaborates with Exide Pakistan for 3.3 MW Solar Photovoltaic Installation


Aga Khan University (AKU) has embarked on its largest solar photovoltaic (PV) project to date, partnering with Exide Pakistan Limited for the installation at its Stadium Road Campus in Karachi, Pakistan. This initiative is part of AKU’s commitment to achieving net-zero emissions by 2030. The signing ceremony to kick off the project highlighted the importance of renewable energy in reducing…

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Khyber Pakhtunkhwa Plans ‘Billion Tree Plus’ Project to Boost Forest Cover


The Khyber Pakhtunkhwa government has announced its decision to launch the ‘Billion Tree Plus‘ project aimed at increasing forest cover in the province. This initiative was discussed in a meeting chaired by Chief Minister Ali Amin Khan Gandapur and attended by relevant officials, including Forest Minister Fazal Hakim and forest department representatives. During the meeting, officials briefed participants on various…

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