President Donald Trump said U.S. and Iranian officials met on Tuesday, shortly after he threatened in his address to the U.N. General Assembly that he may “annihilate” the Islamic Republic if a deal isn’t reached soon to end the nearly seven-month war launched by Israel and the U.S. Trump confirmed the talks in an exchange with reporters but offered few details about how the discussions transpired or the substance of the exchange. “It was a very good meeting,” Trump said. Earlier Tuesday, Trump in his address to the General Assembly…
Read MoreDay: September 22, 2026
Pakistan power generation grows 5% YoY; fuel cost climbs 38% in August
Power generation in Pakistan reached 14,943 GWh in August 2026, up 5.1% YoY from August 2025. Back in August 2025, power generation stood at 14,218 GWh. “While still below the 16,176 GWh peak recorded in Aug’21, the rebound is encouraging for power-sector activity and broader economic growth,” said Arif Habib Limited (AHL) in a note on Monday. On a monthly basis, power generation declined by 1% from 15,122 GWh in July 2026. “Power generation exceeded the NEPRA reference, in our view, aided by lower tariffs, shift of industrial consumers to…
Read MorePower keeps getting pricier
August tells a more uncomfortable story for Pakistan’s power sector. Generation is growing again, but the cost and composition of that growth are becoming increasingly difficult to ignore. National grid generation reached 14.9 billion units in August, 3 percent above reference and 5.5 percent higher year on year. The 12-month moving average, however, tells a more subdued story, with generation growth at just 2.6 percent and average monthly generation at around 10.5 billion units. The stronger monthly output is therefore not a broad acceleration in demand. It is increasingly about…
Read MoreChina’s electricity consumption exceeded 1 trillion kilowatt-hours (kWh) for the second consecutive month in August,
Power consumption totalled 1.03 trillion kWh in August, up 1.7 per cent year on year (YoY). Electricity load reached an all-time high of 1.56 billion kilowatts, exceeding the previous year’s peak by 49.69 million kilowatts. By industry, Power consumed by the primary industry rose 2.7 per cent YoY to 16.9 billion kWh in August. Power use by the secondary industry increased 2.4 per cent to 612.4 billion kWh, while tertiary industry consumption reached 215.5 billion kWh, up 5.1 per cent, as per the NEA data. Electricity consumption by the high-tech…
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