Year: 2025

PESCO Fires Suspended Chief Engineer Over DoB Tampering Allegations

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ISLAMABAD: The Board of Directors of Peshawar Electric Supply Company (PESCO) has dismissed suspended Chief Engineer Tahir Moeen from service after an inquiry found him guilty of tampering with his date of birth records to unlawfully extend his service tenure. According to official documents, Moeen was issued a charge sheet under Rule 6 of the Pakistan WAPDA Employees E&D Rules, 1978, in July 2025. A Special Inquiry Committee was formed in August to investigate the charges, but despite repeated notices, the officer refused to appear before the panel. The committee…

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KE Refutes Subsidy Claims, Defends Efficiency in Tariff Review Hearing

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K-Electric

ISLAMABAD: K-Electric (KE), Pakistan’s only privatised power utility, has rejected claims that it receives operational subsidies, insisting instead that the payments it receives are tariff differential claims under the government’s uniform tariff policy. Appearing before the National Electric Power Regulatory Authority (NEPRA) during a hearing on a review motion filed by the Karachi Chamber of Commerce and Industry (KCCI), KE’s Chief Financial Officer (CFO) Aamir Ghaziani argued that the company’s generation cost is actually lower than the national grid if nuclear and hydropower are excluded. He explained that NEPRA determines…

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IMF Brings Reko Diq Mining Project Under Its Review Amid Bailout Talks

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ISLAMABAD: The International Monetary Fund (IMF) has expanded the scope of its ongoing discussions with Pakistan to include the multibillion-dollar Reko Diq mining project, signaling a rare move by the lender to scrutinize a commercial venture beyond its traditional balance-of-payments oversight. Sources confirmed that the IMF has asked the government to provide a detailed briefing on the project’s latest status. Initially scheduled for this week, the session has now been shifted to next week. The IMF mission, in Islamabad since September 25, is conducting the second review of Pakistan’s $7…

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Aurangzeb Flags Population Growth, Climate Change as Major Threats to Pakistan’s Economy

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PESHAWAR: Finance Minister Mohammad Aurangzeb on Thursday identified population growth and climate change as two of the most pressing challenges confronting Pakistan, warning that they directly impact long-term productivity, poverty reduction, and global competitiveness. Speaking at the Pakistan Business Summit—hosted under the patronage of Khyber Pakhtunkhwa Governor Faisal Karim Kundi and co-organised by Nutshell Group and Al Baraka Bank with the Overseas Investors Chamber of Commerce and Industry (OICCI) as strategic partner—the minister stressed the government’s resolve to create an enabling environment for private-sector-led growth. He underlined that the state’s…

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Alpine Hotel Adopts GoodWe Solar + Storage System to Pioneer Green Tourism in Nathia Gali

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Nathia Gali, Pakistan – 25th Sep 2025 GoodWe, a global leader in solar inverters and energy storage solutions, has successfully completed the installation of an advanced solar and storage project at the Alpine Hotel, Nathia Gali, Pakistan in collaboration with Nizam Energy. The project, commissioned four months ago, represents the first large-scale solar system in the region and marks a significant step forward in promoting sustainable energy and eco-tourism in northern Pakistan. The installation features GoodWe’s ET Series 50kW Hybrid Inverter integrated with a 100kWh battery storage system, consisting of…

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