Day: March 7, 2026

Government of Sindh Announces Electric Vehicle Charging Network Project

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New-Project16

Karachi, Dated: March 07,2026 A significant step towards strengthening a sustainable transport system, Says Syed Nasir Hussain ShahKarachi: The Government of Sindh has approved an important public-private partnership project to establish an electric vehicle (EV) charging network across the province, aimed at promoting green energy and sustainable transport. The project has been developed in collaboration with China’s ADM Group and Malik Group of Companies, with the goal of introducing advanced fast-charging infrastructure to support Pakistan’s rapidly growing electric mobility ecosystem. Under the approved project, the Government of Sindh will provide…

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Khyber Pakhtunkhwa Accelerates Household Solarisation Programme

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New-Project15

Peshawar: The Chief Minister of Khyber Pakhtunkhwa, Muhammad Sohail Afridi, has directed authorities to expedite the rollout of solar systems under the province’s household solarisation initiative, stressing that all procedural formalities must be completed without delay. Chairing a high-level review meeting at the Chief Minister’s House in Peshawar on Friday, the chief minister described the project as a flagship programme aimed at providing relief to citizens amid rising energy challenges and increasing electricity costs. Afridi emphasised that the timely implementation of people-centric initiatives remains a key priority of the provincial…

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Pakistan Invites Turkish Investors to Participate in DISCOs Privatisation

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New-Project14

Islamabad: Pakistan has invited Turkish companies to participate in the privatisation of its electricity distribution companies (DISCOs) as part of ongoing reforms aimed at improving efficiency and sustainability in the power sector. The invitation was extended during a virtual meeting between Federal Minister for Energy (Power Division) Awais Ahmed Khan Leghari and Türkiye’s Minister for Energy and Natural Resources Alparslan Bayraktar, where both sides discussed opportunities to strengthen bilateral cooperation in the energy sector. During the meeting, Leghari briefed his Turkish counterpart on Pakistan’s comprehensive power sector reforms designed to…

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US Crude Surges Above $90 Amid Hormuz Disruption and Escalating Middle East Conflict

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Global oil prices surged sharply on Friday, with West Texas Intermediate crude (WTI) jumping more than 10 percent to trade near $90 per barrel for the first time since April 2024, as escalating tensions in the Middle East disrupted energy shipments through the critical Strait of Hormuz. At around 10:37 a.m. CST (1637 GMT), Brent crude futures were up $5.42, or 6.35 percent, to $90.83 per barrel, while WTI gained $7.81, or 9.81 percent, reaching $88.96 per barrel. It marked the second consecutive day that gains in US crude futures…

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Qatar Warns Gulf Energy Exports Could Halt if Iran Conflict Escalates

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New-Project13

Doha: Qatar’s Energy Minister Saad Sherida Al-Kaabi has warned that continued conflict involving Iran could force Gulf energy producers to halt exports within weeks, potentially pushing global oil prices to $150 per barrel and triggering major disruptions in global energy markets. In an interview with the Financial Times, Al-Kaabi said that if the conflict persists, energy exporters across the Gulf region may have no option but to declare force majeure, effectively suspending contractual supply obligations. “Everybody who has not called for force majeure, we expect will do so in the…

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