Day: August 1, 2026

**Huawei Showcases Next-Generation Digital Energy Solutions at Pakistan Partner Summit 2026**

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New-Project275

  **LAHORE:** **Huawei Digital Power** has unveiled its latest generation of digital energy and smart infrastructure solutions in Pakistan, reaffirming its commitment to supporting the country’s digital transformation and sustainable energy transition. The company showcased its latest innovations during the **Huawei Digital Power Pakistan Ecosystem Partner Summit & Innovative Product Launch 2026** in Lahore, bringing together customers, business partners and industry stakeholders to explore emerging technologies in smart energy, digital infrastructure and electric mobility. Addressing the summit, **Alex Xing**, President of Huawei Digital Power Middle East & Central Asia, emphasized…

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**Government May Restore Targeted Fuel Subsidy if Middle East Crisis Deepens**

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Petrol-price

  **ISLAMABAD:** The federal government has indicated that it may reintroduce a targeted fuel subsidy programme within the next few days, with financial support from provincial governments, if renewed tensions in the Middle East continue to push international oil prices higher. Speaking to journalists after a meeting of the Senate Standing Committee on Petroleum on Thursday, Petroleum Minister **Ali Pervaiz Malik** said the government was prepared to revive the targeted subsidy mechanism previously used to shield vulnerable consumers from sharp fuel price increases. “If the current situation does not improve…

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**PM Directs Ogra Overhaul, Digital Fuel Monitoring to Curb Hoarding**

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OGRA

  **ISLAMABAD:** Prime Minister **Shehbaz Sharif** has directed the Oil and Gas Regulatory Authority (Ogra) to undertake comprehensive institutional reforms and establish a nationwide digital fuel movement monitoring system, modelled on the Federal Board of Revenue’s (FBR) modern tracking framework, to curb fuel hoarding, improve transparency, and strengthen regulatory oversight. Chairing a high-level meeting on Thursday to review Ogra’s reform agenda and institutional capacity, the prime minister stressed that the government’s reform programme must be implemented uniformly across all public institutions. He instructed authorities to deploy advanced technology and digital…

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**Power Division Advisor Proposes ToU Net Metering to Accelerate BESS Adoption**

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Net-Metering

  **ISLAMABAD:** Power Division Advisor **Syed Faizan Ali** has proposed the introduction of **Time-of-Use (ToU) net metering and net billing**, offering enhanced evening discharge rates of **Rs18–22 per kWh** between **5:00 pm and 10:00 pm** to encourage the deployment of Battery Energy Storage Systems (BESS) and reduce peak-hour electricity procurement costs. The proposal comes as Pakistan’s annual evening peak electricity demand has surpassed **26,000 MW**, highlighting the growing need for energy storage solutions to support grid stability. The recommendation is part of Faizan’s market intelligence report, **“Li-Ion Battery & BESS…

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**LESCO Reduces NEPRA-Related Losses by Rs58 Billion in Two Years**

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New-LESCO

  **LAHORE:** The Lahore Electric Supply Company (LESCO) has reduced its NEPRA-related financial gap from **Rs79 billion to around Rs21 billion** over the past two years, generating cumulative savings of more than **Rs58 billion** for the national exchequer. According to a statement issued by the Power Division on Friday, LESCO also achieved a **recovery rate of 101.05%**, surpassing the National Electric Power Regulatory Authority’s (NEPRA) regulatory benchmark of 100% for the first time in the company’s history. The utility further recorded a significant decline in distribution losses, bringing them down…

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