Year: 2025

IRSA Blocks WAPDA’s Plan to Flush Half of Tarbela Reservoir, Citing Risk to Rabi Crops

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New-Wapda

ISLAMABAD, October 8, 2025 — The Indus River System Authority (IRSA) has unanimously rejected a proposal by the Water and Power Development Authority (WAPDA) to release nearly half of Tarbela Dam’s water storage within a month and to extend deadlines for two delayed tunnel projects — a move the regulator said could jeopardize water security for the upcoming Rabi season. At a meeting of the IRSA Advisory Committee (IAC) on Tuesday, chaired by Sahibzada Muhammad Shabbir, the authority expressed strong dissatisfaction with WAPDA’s prolonged delays in completing Tunnel-5 (T5) and…

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World Bank Cuts Pakistan’s Growth Forecast to 2.6% Amid Flood Damage and Inflation Pressures

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world-bank

ISLAMABAD, October 8, 2025 — The World Bank has lowered Pakistan’s economic growth forecast to 2.6% for the current fiscal year, citing the severe impact of ongoing floods that have disrupted agriculture, trade, and food supply chains. The Washington-based lender’s latest Regional Economic Outlook for the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) highlights that the floods have significantly dampened growth prospects while pushing inflation up to 7.2%. The new projection marks a 0.5 percentage point cut from the Bank’s earlier forecast of 3.1% in April 2025, well below…

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Indonesia Positions Itself as Asia-Pacific CCS Hub at IICCS Forum 2025

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New-Project53

Jakarta, Indonesia, October 8, 2025 — Indonesia reaffirmed its ambition to become the regional hub for Carbon Capture and Storage (CCS) with the official opening of the 3rd International & Indonesia CCS Forum 2025 (IICCS Forum 2025), held from October 7–8 at The Mulia Hotel, Jakarta. The event, themed “Advancing Indonesia as a CCS Hub Leader in the Asia-Pacific: Achieving Net Zero and Economic Growth,” is supported by the Ministry of Energy and Mineral Resources, the Coordinating Ministry for Economic Affairs, and the People’s Consultative Assembly of the Republic of…

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Women Still Account for Only 32% of Global Renewable Energy Workforce: IRENA Report Urges Action to Bridge Gender Gap

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renewal-energy

Abu Dhabi, UAE — The International Renewable Energy Agency (IRENA) has revealed that women continue to make up just 32% of full-time jobs in the renewable energy sector — a figure unchanged since the agency’s first gender analysis in 2019. Despite outperforming fossil fuel industries in terms of gender representation, the renewables sector has made no meaningful progress in achieving gender equality over the past six years. The new report, Renewable Energy: A Gender Perspective (Second Edition), presents the most comprehensive assessment to date of women’s participation in the renewable…

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Pakistan Dispatches First Rare Earth Shipment to U.S. Under $500 Million Strategic Minerals Deal

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Minerals-Division

ISLAMABAD: Pakistan has sent its first shipment of enriched rare earth elements and critical minerals to the United States, marking the launch of a landmark $500 million partnership with U.S. Strategic Metals (USSM). The milestone represents a new chapter in Pakistan-U.S. cooperation, expanding their partnership into the high-value minerals and clean energy sectors. The shipment, comprising antimony, copper concentrate, and rare earth elements containing neodymium and praseodymium, marks the first delivery under the strategic framework signed earlier this month. The agreement follows two Memorandums of Understanding (MoUs) inked on September…

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