Year: 2025

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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IMF-Reko

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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Govt Launches First-Ever E-Balloting for Electric Bikes and Rickshaws Under PAVE Scheme

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New-Project47

ISLAMABAD: In a landmark step toward sustainable transport, the government on Wednesday conducted the country’s first electronic balloting for electric two- and three-wheelers under the Pakistan Accelerated Vehicle Electrification (PAVE) Scheme. The digital draw, inaugurated by Federal Secretary for Industries and Production Saif Anjum, allocated 40,000 electric motorcycles and 1,000 electric rickshaws to successful applicants from across Pakistan, including Gilgit-Baltistan and Azad Jammu & Kashmir. The process was supervised by the Engineering Development Board (EDB), with CEO Khuda Bux and Additional Secretary Asif Saeed Lughmani in attendance. The Ministry reported…

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