Atif Ikram Sheikh, President FPCCI Karachi: Mr. Atif Ikram Sheikh, President FPCCI, has called called for the immediate correction of industrial electricity tariffs by demanding the removal of cross subsidies; Power Holding Limited (PHL) surcharge and a rational redesign of peak-hour (Time-of-Day) electricity charges, which are placing an unsustainable burden on Pakistan’s industrial and export sectors. The FPCCI President Atif Ikram Shaikh stated that industrial electricity tariffs have drifted far away from cost-reflective principles. Instead of reflecting the actual cost of power supply, tariffs have become layered with non-energy charges…
Read MoreDay: January 26, 2026
پاکستان کے لیے تیار: ٹونگ وائی TNC 2.0 ماڈیولز توانائی کی پیداوار بڑھائیں، لاگت کم کریں اور اعتماد بڑھائیں
جیسے جیسے پاکستان سستی اور ملکی توانائی کی طرف تیزی سے بڑھ رہا ہے، سولر ٹیکنالوجی کا انتخاب—اور اس کے پیچھے مضبوط پارٹنر—اب پہلے سے کہیں زیادہ اہم ہو گیا ہے۔ بڑھتی ہوئی بجلی کی قیمتیں، درآمدی ایندھن پر انحصار، زمین کی کمی اور مشکل موسمی حالات کے تناظر میں، اعتماد، کارکردگی اور مالی مستحکم منصوبوں کی ضرورت لازمی بن چکی ہے۔ ٹونگ وائی سولر، جو کہ فورچون گلوبل 500 کمپنی اور بلومبرگNEF ٹیر-1 ماڈیول سپلائر ہے، دنیا کی چند کمپنیوں میں سے ہے جو پوری فوٹو وولٹک ویلیو چین…
Read MoreBuilt for Pakistan: Tongwei’s TNC 2.0 Modules Boost Energy Yield, Lower Costs, and Enhance Reliability
As Pakistan accelerates its transition toward affordable and indigenous energy, the choice of solar technology—and the partner behind it—has become more critical than ever. In a market challenged by rising tariffs, fuel imports, land constraints, and harsh climatic conditions, reliability, efficiency, and bankability are no longer optional; they are essential. Tongwei Solar, a Fortune Global 500 company and BloombergNEF Tier-1 module supplier, stands out as one of the few manufacturers globally that controls the entire photovoltaic value chain—from polysilicon to cells and modules. As the world’s largest supplier of polysilicon…
Read MoreCM Murad Shah inaugurates Korangi Causeway bridge, announces relief, reconstruction plan for Gul Plaza victims
• 1.4 kilometres long Causeway is six lanes – three on each side bridge• Causeway Bridge to benefit Korangi- Landhi industrial areas, commuters, nearby facilities, including Indus Hospital, SIUT, educational institutions KARACHI (Jan 26): Sindh Chief Minister Syed Murad Ali Shah inaugurated the Rs6.1 billion Korangi Causeway bridge and reaffirmed his government’s commitment to enhancing Karachi’s infrastructure, while unveiling comprehensive relief, rehabilitation, and reconstruction initiatives for those affected by the recent Gul Plaza tragedy. Speaking to the media at the inauguration ceremony of the Korangi Causeway Bridge, the chief minister…
Read MoreFPCCI Rejects SBP’s Status Quo in Interest RateAtif Ikram Sheikh, President FPCCI
Karachi: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has expressed profound disappointment over the State Bank of Pakistan’s (SBP) decision to maintain status quo in the key policy rate, keeping it at 10.5%. The apex trade body has termed the decision as counterproductive and strictly disappointing vis-a-vis the industrial revival Pakistan desperately needs at the moment. Atif Ikram Sheikh stated that the business community had categorically demanded a substantive reduction of 3.5% or 350 basis points to bring the policy rate down…
Read More