Year: 2024

EV Industry Pushes for Policy Reforms to Boost Adoption in Pakistan

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Electric-Vehicle

KARACHI: Electric vehicle (EV) motorbike assemblers and dealers in Pakistan are urging the federal government and the Engineering Development Board (EDB) to adopt critical policy reforms under the upcoming New Energy Vehicle (NEV) policy. Their charter of demands includes tax exemptions, free registration for customers, accessible financing options, and localisation incentives to reduce costs and accelerate growth in the NEV sector. With nearly 40 EV motorbike brands entering the market and monthly sales reaching 3,000 units, the government aims to increase EV bike market share to 30%, targeting 500,000 units…

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Pakistan’s Oil Sales Hit 25-Month High Amid Crackdown on Smuggling and Price Cuts

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Oil prices

KARACHI: Pakistan’s petroleum sales surged to a 25-month high in November 2024, reaching 1.58 million tonnes, marking a 15% year-on-year (YoY) increase. This growth, driven by stringent enforcement against smuggled Iranian fuel and significant reductions in petrol and diesel prices, underscores the recovery of the energy market and highlights the effectiveness of recent policy interventions. A report by Arif Habib Limited (AHL), released on December 3, 2024, attributes the rise to intensified restrictions on smuggled fuel, particularly from Iran, which previously comprised 15-20% of the domestic market. Tahir Abbas, Head…

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K-Electric Announces Launch of KHI Awards 2025 to Celebrate Community Impact

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K-Electric

K-Electric (KE) has officially launched the 4th edition of the KHI Awards 2025, with applications now open from December 1, 2024. This prestigious initiative aims to recognize and promote institutional-level philanthropy, encouraging not-for-profit organizations, social enterprises, and entities driving social and environmental impact projects in Karachi, Dhabeji, Gharo (Sindh), and Uthal, Vinder, Bela (Balochistan) to participate. Since its inception in 2021, the KHI Awards have become a cornerstone of KE’s commitment to fostering collaboration and building a united community across various sectors. Over the years, the awards have processed 110…

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Over 3,300 Industrial Units in Punjab Operate Without Environmental Control Systems, EPA Reports

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Air-pollution

LAHORE – A recent report from the Environmental Protection Agency (EPA) of the Punjab Environment Department reveals that out of the 8,308 industrial units across 36 districts in Punjab, 3,303 are still operating without an Environmental Control System (ECS). The report, made public under the Access to Information Act, highlights the need for stricter adherence to environmental regulations. According to the data provided by EPA, only 5,005 industrial units have installed ECS, while 3,303 remain non-compliant. The report, which follows an application filed by Advocate Abdullah Malik under the Punjab…

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Union Protest Over Dismissal Disrupts Sui Gas Operations for Three Weeks

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Gas-Project

ISLAMABAD – Gas transportation from the Sui field in Balochistan faced disruptions for three weeks due to a protest by the CBA union following the termination of an employee accused of theft. The protest, which risked critical energy supplies to industries, power plants, and households, ended after the employee was proven guilty by a court of law. The dispute began when Zeeshan Ghani, a non-management technician at Pakistan Petroleum Limited (PPL), was dismissed after a transparent inquiry found him guilty of stealing scrap material. The union protested the decision, blocking…

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