Day: October 15, 2025

Murad Shah approves model aquaculture park, Thar water supply project

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New-Project66

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, presiding over the 48th PPP Policy Board meeting, approved the development of a Model Aquaculture Park along the coastal belt, as well as the Nabisar-Vajihar Water Supply Project.The meeting held at CM House was attended by Provincial Home Minister Zia Lanjar, Special Assistant to CM Syed Qasim Naveed, MPA Qasim Soomro, Chief Secretary Asif Hyder Shah, Chairman P&D Najam Shah, Commissioner Karachi Hassan Naqvi, SMBR Khalid Hyder Shah, Secretary Finance Fayaz Jatoi, Chairman SRB Dr Wasif Memon, Secretary Transport/DG PPP Unit Asad…

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Petroleum Division Forms Committee to Appoint Executive Director-General

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petroleum-group

KARACHI: The Petroleum Division has established a high-level committee to appoint an Executive Director-General (EDG) in a bid to enhance governance and efficiency within Pakistan’s oil and gas sector. The committee, chaired by Minister for Petroleum Division Ali Pervaiz Malik, has already initiated the interview process to fill the long-vacant EDG position, which has remained unoccupied despite its crucial role in the ministry’s operational structure. Currently, five Director-Generals (DGs) oversee key domains — including petroleum concessions, oil, and gas — focusing on exploration, refining, marketing, and policy implementation. According to…

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Petrol Prices Set to Drop by Rs6.10 per Litre from October 16

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Petroleum-prices

ISLAMABAD: In a welcome development for inflation-hit consumers, petrol prices in Pakistan are expected to fall by up to Rs6.10 per litre starting October 16, according to petroleum sector sources. As per industry estimates shared with the Oil and Gas Regulatory Authority (OGRA), the price of high-speed diesel (HSD) is likely to see a modest reduction of 97 paisa per litre, while kerosene could become cheaper by Rs2.75 per litre. Meanwhile, light diesel oil (LDO) is expected to drop by Rs1.64 per litre. Officials confirmed that OGRA has finalized its…

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Nepra Registers CPPA-G as Agent for Discos, KE Amid Serious Concerns from Member (Law)

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New-NEPRA

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has officially registered the Central Power Purchasing Agency–Guaranteed (CPPA-G) as the authorized agent for distribution companies (Discos) and K-Electric, a move that has drawn an alarming note from Member (Law) Amina Ahmed. According to Nepra’s notification, the registration was granted under Section 25A of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997, empowering CPPA-G (Corporate Universal Identification No. 0068608) to manage and settle legacy power contracts on behalf of Discos and KE, in line with specific terms and…

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China Rejects Reports Linking Pakistan’s Rare-Earth Exports to U.S. as Baseless and Divisive

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New-Project65

Beijing, October 15, 2025 – The Chinese Foreign Ministry has dismissed recent media reports alleging that Pakistan used Chinese technology to export rare-earth elements to the United States, calling them “groundless” and “an attempt to sow discord.” Responding to questions from the Global Times, Foreign Ministry spokesperson Lin Jian refuted claims that China imposed stricter export controls on rare-earth technologies in response to Pakistan’s alleged cooperation with the U.S. He emphasized that China and Pakistan remain all-weather strategic cooperative partners, whose “ironclad friendship has stood the test of time” and…

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