Dar Reviews Fuel Subsidy Scheme, Calls for Better Coordination and Public Awareness

Ishaq-Dar

ISLAMABAD: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar on Friday chaired a joint meeting of the National Steering Committee on the Fuel Subsidy Scheme and the Committee on Media Management to review implementation progress, beneficiary targeting and public outreach. The meeting examined the operational status of the targeted fuel subsidy programme, its eligibility and targeting mechanisms, and the implementation strategy. Participants also reviewed the media communication plan to ensure widespread public awareness and smooth access to the relief initiative. Dar reaffirmed the government’s commitment to providing targeted…

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Trump Says Russia to Supply 1.8 Million Tonnes of Diesel to Ease Global Fuel Prices

New-Project36

WASHINGTON: US President Donald Trump has said Russia has agreed to supply more than 300,000 tonnes of diesel to the United States and international markets immediately, with additional shipments planned in the coming months to help ease soaring fuel prices. Trump announced the agreement following what he described as a successful discussion with Russian President Vladimir Putin. In a social media post on Friday, he said Russia would initially provide more than 300,000 tonnes of diesel, followed by another 500,000 tonnes in November and a further one million tonnes thereafter.…

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Pakistan’s Fuel Subsidy Scheme Crosses 10 Million Beneficiaries

New-Project35

ISLAMABAD: Prime Minister Shehbaz Sharif has commended the coordinated efforts of federal and provincial governments and relevant institutions as the number of direct beneficiaries of Pakistan’s fuel subsidy scheme surpassed 10 million. The prime minister also announced a national award for Information Technology Minister Shaza Fatima Khawaja in recognition of her contribution to implementing the initiative. Speaking at a high-tea hosted to acknowledge the efforts of ministers and government officials, Shehbaz Sharif said the government would also present shields to other officials involved in executing the scheme and ensuring transparent…

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Pakistan’s Nuclear Security Framework Passes First-Ever IAEA Physical Protection Review

New-IAEA

ISLAMABAD: Pakistan’s nuclear security framework has received a positive assessment from an International Atomic Energy Agency (IAEA) expert team following the country’s first-ever International Physical Protection Advisory Service (IPPAS) mission, which reviewed the legal, regulatory and operational arrangements for protecting nuclear materials and facilities. The 12-day mission concluded that Pakistan had established a robust nuclear security regime and found that its security framework was appropriately implemented at the specific nuclear facility visited by the experts. The team also noted that the regime was continually strengthened through periodic reviews and supported…

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Nepra Notifies Wheeling Charges of Rs6.23–Rs19.62 per Unit for Competitive Power Market

New-Nepra

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has notified use-of-system charges (UoSC) ranging from Rs6.23 to Rs19.62 per unit for bulk power consumers (BPCs) of distribution companies, including K-Electric, participating in Pakistan’s competitive electricity trading market. The decision is expected to pave the way for the launch of competitive power trading under the Competitive Trading Bilateral Contract Market (CTBCM), allowing eligible consumers to purchase electricity from private suppliers and use the national grid to transport power to their facilities. Under the framework, consumers participating in the upcoming 400-megawatt (MW)…

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