Year: 2025

NEPRA Questions DISCOs for Installing 4 Million AMI Meters Without Approval

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AMI-meters

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has taken serious notice of power distribution companies (DISCOs) for installing around four million Advanced Metering Infrastructure (AMI) meters without securing the regulator’s formal approval. Under the multibillion-rupee investment programme, NEPRA’s consent is mandatory for such installations. However, several DISCOs began deploying the advanced meters without prior authorization. During a public hearing, the regulator directed the companies to submit a comprehensive investment plan for consideration. In their defense, the DISCOs claimed that the Ministry of Energy (Power Division) had directed them to…

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Govt to Privatize 24 State-Owned Enterprises: Aurangzeb

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KARACHI: Federal Minister for Finance Muhammad Aurangzeb announced that the government has decided to privatize 24 state-owned enterprises as part of its economic restructuring plan. He revealed that 39 federal ministries are being merged under the government’s rightsizing initiative, while the privatization of PIA will be completed before the end of this year. Addressing the 9th Edition of The Future Summit, the finance minister emphasized that the private sector must lead Pakistan’s economic growth, adding that production-based development is the only sustainable path forward. He noted that Pakistan’s economy is…

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Murad Shah calls for innovation-driven, inclusive, and sustainable growth at ‘The Future Summit 2025’

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KARACHI (Nov 5): Sindh Chief Minister Syed Murad Ali Shah on Wednesday said Pakistan needs to redefine its development direction toward innovation-driven, inclusive, and sustainable growth, as the country stands at a crucial turning point in its economic and governance journey. Speaking at “The Future Summit 2025 – Course Correction: Redefining the Direction,” organised by the Nutshell Group and the National Bank of Pakistan, the chief minister said the theme of the summit was timely, as nations worldwide were reassessing their growth models, governance priorities, and social compacts. “Pakistan, too,…

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15th Fire Safety & Security Convention-2025

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Builders, business leaders unite to boycott shops violating fire safety laws in Karachi Karachi Leading representatives of Karachi’s builders, businessmen, and industrialists have called for a social boycott of retail outlets operating illegally in residential buildings, in defiance of building and fire safety regulations. The joint call came during a panel discussion held as part of the 15th Annual Fire Safety & Security Convention 2025, organised by the National Forum for Environment & Health (NFEH) at a local hotel. The session featured leaders from the Association of Builders and Developers…

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THE FUTURE SUMMIT 9th Edition Opens with Visionary Leaders Re-Defining the Direction for Course Correction

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Karachi, November 5, 2025 – THE FUTURE SUMMIT (TFS) 9th Edition, one of Pakistan’s premier thought leadership platforms, opened in Karachi with a powerful call for “Course Correction: Redefining the Direction.”Co-hosted by the Nutshell Group and NBP, in strategic partnership with Faysal Bank Limited and the Overseas Investors Chamber of Commerce & Industry (OICCI), the Summit brought together national policymakers, business leaders, and global voices to reimagine the country’s trajectory toward a sustainable and inclusive future.The 9th Edition of TFS has brought together leaders from diverse realms, to confront a…

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