Day: August 23, 2025

Sindh CM orders restoration of 150-year-old historic Banyan tlree at Qasr-e-Naz

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KARACHI (Aug 23): Sindh Chief Minister Syed Murad Ali Shah has directed the restoration of a 150-year-old banyan tree at Qasr-e-Naz, which collapsed due to heavy rains and strong winds. The chief minister has instructed the Secretary Forests to immediately begin restoration work. Chief Conservator Javed Mahar, along with his team, will oversee the revival of the tree. Murad Ali Shah said that centuries-old trees are not only cultural heritage and symbols of ancestors but also vital for protecting the environment. “In the era of climate change, every plant has…

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2nd International Solar Power Conclave & Solar Excellence Awards 2025 scheduled for August 28 in Lahore

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Lahore: The city of Lahore is set to host one of the country’s most significant renewable energy gatherings, the 2nd International Solar Power Conclave & Solar Excellence Awards 2025, taking place on 28th August 2025. The event is being organised by Energy Update in association with the Private Power & Infrastructure Board (PPIB), the Pakistan Solar Association (PSA), the Pakistan Alternative Energy Association (PAEA), and the Renewable Energy Association of Pakistan (REAP). It aims to provide a high-level platform for policymakers, industry leaders, investors, and international technology providers to engage…

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Beyond borders: Pakistan’s oil, gas firms compete with World’s Best in Libya

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oil

Pakistan’s quest to transform its resource economy has taken another leap forward, with its leading energy companies—Oil and Gas Development Company Limited (OGDCL) and Pakistan Petroleum Limited (PPL)—qualifying among 29 global contenders for Libya’s upcoming oil and gas block bid round. The development not only signals the growing ambitions of Pakistan’s exploration and production (E&P) sector but also resonates strongly with the vision laid out earlier this year at the Pakistan Mineral Investment Forum-2025. Held in April, the forum set the stage for unlocking Pakistan’s estimated $6 trillion to $8…

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Dar Stresses Affordable Energy, Reviews Prices of Essential Commodities

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Ishaq-Dar

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar on Friday chaired two key meetings on the energy sector and essential commodities, stressing affordability and consumer protection. In a detailed briefing by the Ministry of Petroleum, Dar underlined the need to enhance exploration and boost productivity, while ensuring that energy remains affordable for citizens. He noted that Pakistan is blessed with vast energy and mineral resources, which must be developed to maximize their contribution to economic growth. The meeting was attended by the Petroleum Minister, SAPM on Privatisation, SAPM Tariq…

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AGP Uncovers 126 Cases of Irregularities in Wapda Projects

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New-Wapda

ISLAMABAD: The Auditor General of Pakistan (AGP) has identified 126 cases of financial malfeasance in Water and Power Development Authority (Wapda) projects during the audit of financial year 2023-24, exposing massive lapses in procurement, contract, and financial management. According to the compliance audit report, irregularities worth billions were detected across 38 formations of the Ministry of Water Resources (MoWR) and its entities. Key findings included: irregularities in procurement management of Rs17.6bn, contract mismanagement of Rs67.8bn, financial management issues of Rs280.9bn, and other discrepancies totaling Rs106.4bn. In total, recovery of Rs9.58bn…

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