Author: Admin

Sindh to Buy 1,000 More Pink EV Scooters, Expand Inter-City Bus Service Across Province

Admin
New-Project63

Karachi, May 7, 2026The Sindh government has decided to purchase 1,000 additional Pink EV scooters for women and launch an inter-city People’s Bus Service to expand the province’s mass transit network. New routes connecting Khairpur to Rohri and Khairpur to Ranipur will begin operations next week. Senior Minister of Sindh Sharjeel Inam Memon said inter-city bus services will soon be introduced in Larkana, Dadu, Sehwan, Hyderabad, Sanghar, and other districts. He also announced that new EV and double-decker buses will be added to Karachi’s fleet. The decisions were made during…

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24/7 Renewable Power Now Outcompetes Fossil Fuels on Cost: IRENA Report

Admin
Solar-wind

Abu Dhabi, UAE: Solar and wind energy combined with battery storage are now capable of delivering reliable, round-the-clock electricity at lower costs than fossil fuel-based generation in prime resource regions, according to a new report by the International Renewable Energy Agency (IRENA). The report, titled 24/7 Renewables: The Economics of Firm Solar and Wind, concludes that hybrid renewable systems—particularly solar and wind paired with storage—are increasingly becoming the most cost-effective solution for continuous power supply. Renewables reach fossil fuel parity and beyond IRENA’s analysis shows that firm levelised costs of…

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Petrol price likely to increase by Rs4.75 per litre

Admin
petrol-price1

KARACHI: Petrol prices are expected to rise by Rs4.75 per litre in the upcoming fortnightly pricing review, while high-speed diesel (HSD) is likely to remain largely unchanged, provided the government does not impose any additional petroleum levy. According to the latest internal calculations by the oil industry, petrol prices are projected to increase mainly due to higher international gasoline prices, whereas policy adjustments have helped offset a significant rise in global diesel rates. For petrol (PMG), the ex-refinery price is estimated to increase from Rs270.03 per litre to Rs274.77 per…

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Pakistan seeks additional spot LNG cargoes to avert summer power crisis

Admin
China-LNG

ISLAMABAD: Amid growing concerns over a possible resurgence of nationwide electricity load-shedding during the summer season, Pakistan has once again turned to the spot liquefied natural gas (LNG) market to secure urgent fuel supplies for power generation as the Strait of Hormuz remains closed due to the Iran-US conflict. State-owned Pakistan LNG Limited (PLL) has floated a tender for two spot LNG cargoes, with bids scheduled to open on May 7. The cargoes are required for delivery during May 12–14 and May 24–26. PLL is seeking approximately 140,000 cubic metres…

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Pakistan assures IMF of targeted power subsidy reforms from 2027

Admin
New-IMF

ISLAMABAD: Pakistan has provided written assurances to the International Monetary Fund (IMF) that it will phase out the existing electricity subsidy system for consumers using up to 200 units and replace it with a targeted subsidy mechanism from January 2027. Under the proposed framework, subsidies for low-income electricity consumers will be channelled through the Benazir Income Support Programme (BISP) using data from the National Socio-Economic Registry (NSER). The move is aimed at preventing misuse of subsidised electricity tariffs and ensuring that financial assistance reaches deserving households. The decision is expected…

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