Day: September 10, 2026

ISMO Begins Data Collection for IGCEP 2027 Despite Pending Approval of IGCEP 2025-35

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power-gride

ISLAMABAD: The Independent System and Market Operator (ISMO) has initiated work on the Indicative Generation Capacity Expansion Plan (IGCEP) 2027, seeking project-specific data from provincial governments and other relevant stakeholders by September 14, 2026, well-informed sources told Business Recorder. The development comes despite the National Electric Power Regulatory Authority (Nepra) yet to formally notify IGCEP 2025-35, which is required to undergo annual review under the Grid Code. According to an official communication circulated among provincial governments and other stakeholders, ISMO has launched the data collection exercise for the next iteration…

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Punjab to Deploy 1,500 E-Buses in 91 Tehsils From January

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Green-Bus

LAHORE: The Punjab government has approved the expansion of its electric bus service to 91 tehsils, with 1,500 electric buses planned for deployment from January 2027 as part of a broader target to operate 5,000 electric buses across the province over the next five years. Chief Minister Maryam Nawaz Sharif approved the tehsil-level expansion while chairing a meeting of the Transport and Mass Transit Department in Lahore. The government has set a target of operating 3,000 electric buses by June and completing the first phase of the programme by September.…

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Gas Consumers May Face Rs46bn Bill for Pipeline Security

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gas-pipeline

ISLAMABAD: Gas consumers may have to bear an additional Rs46 billion as the government considers establishing 14 dedicated security wings to protect gas pipelines and oil and gas exploration and production (E&P) operations, particularly in Khyber-Pakhtunkhwa (K-P) and Balochistan. The proposed security framework is being developed along the lines of the China-Pakistan Economic Corridor (CPEC) security model. The cost of establishing the 14 wings is estimated at Rs46 billion, with part of the amount potentially recovered from gas consumers through higher gas prices. Sources told The Express Tribune that around…

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NEVs to Get Major Tax Relief Under New Five-Year Auto Policy

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New-Project90

ISLAMABAD: Prime Minister Shehbaz Sharif has approved the draft of a new five-year auto policy for 2026-31, retaining protection for existing conventional vehicle assemblers while introducing substantial tax incentives for new energy vehicles (NEVs) aimed at lowering their prices. Under the approved draft, Battery Electric Vehicles (BEVs) will receive the highest level of tax incentives, followed by Range Extended Electric Vehicles (REEVs) and Plug-in Hybrid Electric Vehicles (PHEVs). Hybrid electric vehicles and conventional internal combustion engine (ICE) vehicles, meanwhile, will be treated equally in terms of duties and taxes. During…

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