Day: July 18, 2026

Islamabad, July 18, 2026: Federal Minister for Petroleum Ali Pervaiz Malik today chaired a high-level meeting with key stakeholders, including the Oil and Gas Regulatory Authority (OGRA), the Oil Companies Advisory Council (OCAC), the Oil Marketing Association of Pakistan (OMAP), Refineries, and Oil Marketing Companies (OMCs). Senior officials of Petroleum Division were also present. The meeting was convened to brief industry stakeholders on the new pricing mechanism transitioning from weekly to daily basis and obtain first-hand feedback on implementation challenges and any teething issues to ensure a smooth transition. The…

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ISLAMABAD: Pakistan’s rooftop solar sector witnessed unprecedented growth in FY2026, with solar generation under the net-metering regime soaring to nearly 7,000MW, prompting the government to replace the existing net-metering framework with a net-billing system to address mounting financial and technical challenges in the power sector. Speaking at a SAARC webinar, Energy Advisor to the Power Division Engr Syed Faizan Ali said solar generation under the net-metering regime expanded from just 190MW in FY2020 to approximately 6,978MW by June 2026—an almost 37-fold increase in six years. He explained that the rapid…

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ISLAMABAD: Pakistan and Kuwait are holding preliminary discussions on expanding bilateral defence cooperation alongside enhanced energy collaboration and investment, according to a Reuters report citing sources familiar with the matter. The proposed framework would link deeper security cooperation with stronger energy ties. According to the report, Kuwait is seeking broader military assistance from Pakistan, including troops, fighter aircraft, drones, air defence systems and other defence support under an arrangement similar to Islamabad’s longstanding security partnership with Saudi Arabia. In return, Pakistan is seeking enhanced energy security cooperation from Kuwait, including…

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ISLAMABAD: Electricity consumers across Pakistan may face an increase in power tariffs next month as power distribution companies have sought a Rs1.20 per unit Fuel Cost Adjustment (FCA) for August, citing higher electricity generation costs driven primarily by expensive imported fuels, particularly Regasified Liquefied Natural Gas (RLNG). If approved by the National Electric Power Regulatory Authority (Nepra), the proposed adjustment will enable power utilities—including ex-Wapda distribution companies (Discos) and K-Electric—to recover approximately Rs15.7 billion from consumers through August electricity bills. Nepra has scheduled a public hearing on July 29 to…

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has granted generation concurrence to Aerem Energy (Private) Limited (AEREPL) for the development of a 269MW hybrid wind and solar power project at Dhabeji in District Thatta, Sindh, marking another significant step in Pakistan’s transition towards renewable energy. In its determination issued on July 17, 2026, the regulator accorded concurrence under Section 14(B)(5) of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997, allowing AEREPL to proceed with the proposed renewable energy facility. The project will be established at…

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