Petrol is reduced by Rs 3.39 to Rs 328.56 per litre, diesel is reduced by Rs 4.07 to Rs 385.86 per litre.
Read MoreFuel prices have been revised – August 5, 2026.
Day: August 4, 2026
Pakistan says power challenge has shifted from generation to energy storage
Minister says rapid rooftop solar expansion has left country with surplus electricity during daytime Government preparing battery storage, local manufacturing policies to balance increasingly renewable grid ISLAMABAD: Pakistan no longer faces a shortage of electricity generation but must now invest in energy storage and a more flexible power grid to manage the rapid growth of rooftop solar, Power Minister Awais Leghari said on Tuesday, describing the country’s energy transition as one driven largely by consumers rather than government policy. Pakistan has witnessed a sharp rise in rooftop solar installations in…
Read MorePakistan moves ahead with gas market deregulation plan, eyes PM approval this month
World Bank-backed reform plan proposes restructuring Sui companies, expanding private sector role Government says roadmap aims to create competitive gas market with stronger regulatory oversight ISLAMABAD: Pakistan will submit a roadmap to deregulate its natural gas sector to Prime Minister Shehbaz Sharif by the end of August, the Petroleum Division said on Tuesday, as the government moves ahead with plans to overhaul the country’s state-dominated gas market. Pakistan has struggled for years with declining domestic gas production, mounting circular debt and rising demand that has increasingly been met through costly…
Read More*Petroleum Division Prepares Gas Sector Deregulation Roadmap with World Bank Support*
*Petroleum Division Prepares Gas Sector Deregulation Roadmap with World Bank Support* Islamabad, August 4, 2026: Federal Minister for Petroleum Ali Pervaiz Malik chaired a high-level meeting with Ms. Bolormaa Amgaabazar, Country Director of the World Bank in Pakistan, and her team to review the roadmap for Pakistan’s gas sector transformation. The roadmap has been developed by the Petroleum Division with technical support from the World Bank, drawing upon international best practices to guide the country’s transition towards a more competitive, open and efficient gas market. Welcoming Ms. Bolormaa Amgaabazar and…
Read More*Sindh Govt to Launch EV Taxi in September, 1000 E-Buses and 50 Double-Decker Buses for Karachi: Sharjeel Memon*
*Sindh Govt to Launch EV Taxi in September, 1000 E-Buses and 50 Double-Decker Buses for Karachi: Sharjeel Memon* *Karachi* *August 4, 2026* The Sindh government has announced major expansions in public transport, including the launch of an EV taxi service in September, induction of 50 new double-decker buses in Karachi in October, and the phased addition of *1,000 electric buses* from the end of this year. These decisions were taken during an important meeting of the Transport and Mass Transit Department chaired by Sindh Senior Minister for Information, Transport and…
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