Year: 2025

Islamabad, December 17, 2025: After months of delays, the government has finally taken decisive action on net-metering regulations, unveiling a draft that could significantly reshape the solar energy landscape in Pakistan. The proposed regulations, submitted for approval to the National Electric Power Regulatory Authority (NEPRA), mark a welcome course correction and are expected to generate debate across parliament, industry, and public opinion. The draft NEPRA (Prosumer) Regulations, 2025 proposes several key amendments: Reduced Agreement Term: The agreement period for solar prosumers has been shortened from seven years to five years.…

Read More

LONDON: Global coal demand reached an all-time high in 2025, but is projected to plateau and begin a gradual decline by the end of the decade as renewable energy, nuclear power and abundant natural gas increasingly displace coal in electricity generation, the International Energy Agency (IEA) said on Wednesday. In its latest Coal 2025 report, the IEA said global coal demand is expected to rise by 0.5 percent this year to a record 8.85 billion metric tonnes, underscoring the continued dominance of coal as the world’s largest single source of…

Read More

ISLAMABAD: A National Assembly standing committee on Tuesday expressed concern over the utilisation of Corporate Social Responsibility (CSR) funds and directed the Karachi Port Trust (KPT) to submit original agreements signed with two gas transport companies—Karachi Gas Transport Ltd (KGTL) and Karachi Gas Terminal Maintenance Ltd (KGTML)—to ensure transparency. The Standing Committee on Maritime Affairs, chaired by Abdul Qadir Patel, stressed that access to the original contracts was essential for proper oversight. While acknowledging some progress, the committee decided to seek additional documentation and convene a follow-up meeting to ensure…

Read More

ISLAMABAD: Pakistan and Azerbaijan are moving to convert their strong diplomatic ties into concrete economic cooperation, with Baku showing readiness to invest nearly $2 billion in Pakistan, particularly in the energy and extractive sectors, Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said on Tuesday. In an interview, the finance minister noted that bilateral relations—especially with Azerbaijan—have strengthened since the current government took office, supported by frequent high-level engagements. These include visits by Prime Minister Muhammad Shehbaz Sharif and Pakistan’s participation in international engagements around the COP29 timeframe in…

Read More