Author: Admin

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has raised serious concerns over the proposed Indicative Generation Capacity Expansion Plan (IGCEP) 2025-35, questioning the justification for new power generation projects despite existing surplus capacity and declining electricity demand in the country. According to the proposed IGCEP 2025-35, Pakistan’s installed electricity generation capacity is projected to increase by nearly 49 per cent, reaching 64,035MW by 2035 compared to 43,069MW in 2024. A comparison between the latest IGCEP and the previous IGCEP 2024-34 reveals major revisions, including delays in key hydropower projects…

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ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry on Friday invited leading terminal operators to form a consortium and invest in the proposed “Energy City” project, while encouraging private sector participation in the development of a multipurpose terminal at Port Qasim. The invitation was extended during a meeting held at the minister’s office with a six-member delegation of terminal operators led by Eqan Ali Khan, Chief Executive Officer of FAP Terminal. According to an official statement, the minister assured the delegation that the government would take all necessary…

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ISLAMABAD: Pakistan’s rapid solarisation drive helped shield the country from the global energy crisis triggered by the recent US-Israel conflict with Iran, energy experts said at the Breathe Pakistan International Climate Conference 2026, while emphasising that battery storage systems are now the critical missing link in the country’s clean energy transition. Speaking during a panel discussion titled “Empowering Pakistan’s Transition to Clean Energy,” experts highlighted how the country’s growing reliance on solar energy reduced dependence on imported fossil fuels and protected consumers from severe power disruptions during regional tensions. The…

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ISLAMABAD: Pakistan on Thursday rejected the two lowest evaluated bids for liquefied natural gas (LNG) cargoes submitted by BP Singapore and TotalEnergies, despite ongoing concerns over power shortages and rising summer demand. According to official details, state-owned Pakistan LNG Limited (PLL) received seven bids against emergency tenders floated earlier this week for two LNG cargoes scheduled for delivery between May 12-14 and May 24-26. For the first delivery window, BP Singapore offered LNG at $17.28 per million British thermal units (mmBtu), while PetroChina quoted $17.69 and Vitol Bahrain submitted a…

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Islamabad, May 07,2026 Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with H.E. Nawaf bin Said Al-Malki, the Ambassador of the Kingdom of Saudi Arabia to Pakistan. They discussed matters of mutual interest and agreed on strengthening bilateral cooperation in the energy sector. During the meeting, the Minister expressed gratitude to the Kingdom of Saudi Arabia for its continued support in meeting Pakistan’s energy requirements. He particularly acknowledged special treatment accorded to Pakistan in petroleum supplies, which has significantly contributed to addressing Pakistan’s energy needs during present challenging…

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