LAHORE – Pakistan’s power sector is witnessing a significant shift as the use of locally mined coal rises sharply, bringing down generation costs and easing reliance on imported fuels. According to a recent Topline Securities report, electricity generation in March 2025 surged to 8,409 GWh — up 5% year-on-year and 21% from February. Notably, electricity produced from domestic coal soared 62% compared to March 2024, reaching 1,393 GWh and boosting coal’s share in the national energy mix to 17%, from 11% a year ago. This growth is largely driven by…
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Seven Senior NTDC Officials Removed Over Delays and Poor Performance
ISLAMABAD – In a major shake-up at the National Transmission and Despatch Company (NTDC), seven top officials have been removed from their posts due to project delays, inefficiencies, and overall poor performance. The action was taken on the directive of Federal Minister for Power, Sardar Awais Leghari, who recently voiced serious concerns over the lack of progress on key energy infrastructure projects. According to a statement issued by the Power Division, those removed include Deputy Managing Director (Planning) Qaiser Khan, Chief Financial Officer Waseem Saadar Sheikh, two general managers, and…
Read MoreIndia Suspends Indus Water Treaty, Expels Pakistani Diplomats After Pahalgam Attack
NEW DELHI – Diplomatic relations between India and Pakistan have plunged to new lows after a deadly terror attack in Pahalgam, Kashmir, with New Delhi initiating a series of punitive actions against Islamabad. Citing Pakistan’s alleged involvement in the attack, India has suspended the Indus Water Treaty, expelled Pakistani military diplomats, canceled regional diplomatic privileges, and closed the Wagah-Attari border. Indus Water Treaty Put on Hold In a landmark decision, India has suspended the 1960 Indus Water Treaty — a longstanding symbol of Indo-Pak cooperation over shared river resources. The…
Read MoreEurope on track to smash solar power output record in 2025: Maguire
LITTLETON: Solar electricity production in Europe during the first quarter of 2025 was up by over 30% from the same months in 2024, setting the stage for full-year record performance from the region’s solar farms. Total solar electricity generation over the January to March period was nearly 68 terawatt hours (TWh), data from Ember shows, which was 32% more than the same period a year ago. Solar assets accounted for 8.2% of Europe’s utility-supplied electricity in March, up from 6% in the same month a year ago, which indicates that…
Read MoreOPEC+ to consider another accelerated oil output increase for June
LONDON: Several OPEC+ members will suggest accelerating oil output hikes in June for a second consecutive month, three sources familiar with the matter told Reuters. Oil prices fell to a four-year low in April, weakened by a U.S.-China trade war and the unexpected decision by OPEC+, which brings together OPEC and other major producers such as Russia, to increase output by 411,000 barrels per day of oil in May. The figure was three times more than the group originally planned. Eight OPEC+ countries will meet on May 5 to decide the…
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