Day: June 11, 2026

ISLAMABAD: Cherat Packaging Limited (CPPL) has commissioned a 2.7-megawatt solar power plant at its manufacturing facility in Gadoon Amazai, Khyber Pakhtunkhwa, according to a notification submitted to the Pakistan Stock Exchange on Wednesday. The company stated that this new installation is in addition to its previously operational 1MW solar power system at the same site, further expanding its renewable energy footprint. CPPL said the new solar facility will help reduce operational energy costs while contributing to environmental sustainability through the use of clean and renewable energy sources. Incorporated in 1989…

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ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has disposed of a show-cause notice issued to Lalpir Power Company Limited (LPCL) in connection with its alleged delayed restart during the nationwide power breakdown in January 2023. The countrywide blackout occurred on January 23, 2023 at 07:34:43, plunging the entire national grid into darkness. Power restoration across the system was completed after approximately 20 hours, with full recovery achieved on January 24, 2023. Following the incident, NEPRA constituted an Inquiry Committee to investigate the causes of the breakdown. The committee conducted…

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LAHORE: Pakistan and Germany continue to enjoy longstanding friendly and economic relations, but significant untapped potential in trade and investment remains constrained by regulatory unpredictability, complex taxation, lack of transparency, and bureaucratic red tape, German Ambassador Ina Lepel said on Tuesday. Speaking at the Lahore Chamber of Commerce and Industry (LCCI), the ambassador noted that despite overall stability in bilateral relations, trade volumes have remained relatively stagnant. She said German industries are actively pursuing supply chain diversification, opening new opportunities for partner countries such as Pakistan. LCCI President Faheemur Rehman…

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ISLAMABAD: Stakeholders have raised serious concerns over the bidding process initiated for the sale of 35 percent gas from the Spinwam Gas Field, questioning its compliance with the Council of Common Interests (CCI) decision and the Petroleum Division’s SRO 11(I)/2025. According to sources, the matter has been taken up with the Petroleum Ministry and other relevant authorities, with allegations that the bidding framework does not fully align with regulatory requirements set by the Oil and Gas Regulatory Authority (OGRA). A formal complaint has also been submitted to senior government officials,…

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ISLAMABAD: Concerns have emerged within government circles over the use of substandard and low-quality batteries by electric vehicle (EV) manufacturers in Pakistan, prompting authorities to move toward a stricter testing and certification regime. Officials say the rapid expansion in EV demand and sales—partly driven by rising global oil prices following geopolitical tensions—has exposed gaps in regulatory oversight, particularly regarding battery quality and safety standards. The growing shift toward electric mobility is also seen as critical for Pakistan’s clean energy and environmental goals. The issue was reviewed in a recent meeting…

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