China’s electricity consumption, a key barometer of economic activity, rose 5.3 percent year-on-year to 5.09 trillion kilowatt-hours in the first half of 2026, according to the National Energy Administration (NEA) on Wednesday. Electricity consumption saw an uptick with households consuming more electricity during the summer heat and as the country’s digital industries continued to gain momentum. China’s peak electricity load climbed to a record high of 1.518 billion kilowatts on Friday, a record for the year, according to the National Development and Reform Commission (NDRC), China’s top economic planner. The…
Read MoreAuthor: Admin
Petrol shortage fears grow in Pakistan, including Karachi
KARACHI: Fears of a petrol shortage have emerged across Pakistan, including Karachi, after oil dealers claimed that oil marketing companies (OMCs) have started limiting the supply of petroleum products amid rising global oil prices, ARY News reported. According to Sindh Petroleum Dealers Association President Amir Khan, OMCs have imposed allocations on all petrol pumps, resulting in reduced fuel supplies. He said the situation could lead to shortages if the issue is not addressed. Pakistan Petroleum Dealers Association Vice Chairman Tariq Hassan also warned that the reduced supply to petrol pumps could…
Read MoreGovt Approves Rs10bn Grant for Thar Coal Rail Connectivity Project
ISLAMABAD: The federal government has approved a Technical Supplementary Grant (TSG) of Rs10 billion as budgetary cover for the Thar Coal Rail Connectivity Project, a key initiative aimed at transporting indigenous Thar coal to power plants and major industrial consumers across Pakistan. The project is being implemented by the Ministry of Railways (MoR) in collaboration with the Government of Sindh under a Memorandum of Understanding (MoU) and a Joint Venture (JV) Agreement. It was previously approved by the Executive Committee of the National Economic Council (ECNEC) under the Public Sector…
Read MoreSaindak Copper-Gold Project Warns of Possible Shutdown Amid Security Concerns in Balochistan
ISLAMABAD: Pakistan’s largest Chinese-operated copper and gold mining project has warned that worsening security conditions in Balochistan could force it to suspend operations within a month if disruptions to the transportation of essential supplies continue. According to a Financial Times report, Saindak Metals Limited (SML) has informed the Ministry of Energy that the deteriorating law and order situation in the province has severely affected the movement of critical project cargo. In a letter to the ministry, the company’s managing director warned that continued logistical disruptions could make uninterrupted operations at…
Read MorePothole-Ridden Roads Slow EV Bike Adoption in Karachi Despite Rising Demand
KARACHI: Demand for electric motorcycles is steadily increasing in Karachi as commuters seek relief from rising fuel prices and lower maintenance costs. However, the city’s deteriorating road infrastructure continues to hinder wider adoption, according to industry stakeholders. The number of electric motorcycle dealerships has expanded significantly across Karachi, particularly on Akbar Road, the city’s largest motorcycle market. Despite the growing interest, dealers say supply remains limited as manufacturers continue to prioritise deliveries to Punjab, where demand is considerably higher and road conditions are more favourable. Auto and motorcycle analyst and…
Read More