Month: March 2025

New Solar Panel Policy to be Presented to ECC Soon

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soalr energy

Pakistan’s Federal Minister for Power Division, Sardar Awais Ahmad Khan Leghari, has announced that a new solar panel policy will be presented to the Economic Coordination Committee (ECC) for approval soon.¹ This policy proposes that the national grid will purchase electricity from newly installed rooftop solar panels at a rate of Rs9.50 to Rs10 per unit. The minister stated that new consumers who use solar panels will be able to recover their investment within 4 to 5 years. He also emphasized that the government will honor existing agreements for rooftop…

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KE challenges Nepra over high fuel cost allegations

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NEPRA-KE

ISLAMABAD: In a rare public spat, K-Electric on Sunday challenged the National Electric Power Regulatory Authority (Nepra) over allegations that its fuel costs were significantly higher than electricity imports from the national grid. The disagreement follows a special note issued last week by Nepra’s technical member from Sindh, Rafique A. Shaikh, who pointed out that K-Electric’s own power plants contributed 19 per cent to its energy mix in December 2024, while purchases from other independent power producers (IPPs) and captive power plants (CPPs) accounted for 7pc, and National Transmission and…

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Oil marketing companies warn of collapse over forced refinery quotas

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Petrol-oil

• Reject ‘Take or Pay’ clause, say it benefits refineries at their expense• Move comes as fuel prices expected to see major cut this weekend• Under new rule, OMCs must buy assigned fuel quotas from refineries or pay penalties• Clause aimed at reducing imports, protecting local refining capacity ISLAMABAD: Indicating a substantial cut in prices of petroleum prices by this weekend, the oil marketing companies (OMCs) have opposed the forced signing of ‘Take or Pay’ agreements with local refineries, arguing that the clause would unfairly burden them with financial risks.…

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17th CSR Summit & Awards-2025

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17th-csr

Sindh govt soon to launch E-commerce platforms for rural female artisans: Women Development Minister Shaheena Sher Ali Karachi The Sindh government’s Women Development Department will soon launch an E-commerce website and smartphone application to enable craftswomen and female artisans from rural and deprived areas of the province to connect with prospective buyers in the international market.Sindh Women Development Minister Shaheena Sher Ali stated this while speaking as the chief guest at the 17th CSR Summit & Awards-2025 organised by the National Forum for Environment & Health (NFEH). The Women Development…

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New Petroleum, Privatization Ministers Appointed

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New-Project49

Ali Pervaiz Malik, formerly a junior finance minister, will now lead the petroleum ministry, with a key task of overseeing a major transaction in the Reko Diq copper and gold project.¹ This project is a significant undertaking, with Barrick Gold, which owns 50% of the project, working with railway authorities to revamp Port Qasim’s coal terminal for copper transport. Meanwhile, Muhammad Ali has taken over as adviser for privatization, a role that will focus on privatizing state-owned enterprises, including the debt-ridden airline PIA. This effort is essential for raising funds…

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