OICCI Urges Scaled-Up Climate Finance, Greater Private Sector Role in Resilience

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KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for urgent mobilisation of large-scale climate finance, stressing that the private sector must play a central role in strengthening Pakistan’s climate resilience. The appeal came at the launch of OICCI’s 3rd Pakistan Climate Conference Report, “Creating an Enabling Environment for Private Sector Participation in Climate Resilience.” Despite contributing less than 0.9% to global greenhouse gas emissions, Pakistan ranks first on the Climate Risk Index 2025 and continues to face disproportionate impacts. In 2022 alone, climate-induced disasters caused over…

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Pakistan Hails IWT Ruling as Victory in Water Dispute with India

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ISLAMABAD: Pakistan has welcomed an international court ruling directing India to strictly follow the Indus Waters Treaty (IWT) in the design of hydroelectric power projects on rivers allocated to Pakistan, calling it a clear endorsement of Islamabad’s stance. The Hague-based Permanent Court of Arbitration (PCA), in a decision posted Monday, affirmed its jurisdiction over the dispute and ruled that India’s projects on the Western Rivers must conform “strictly” to the treaty’s technical specifications, rather than to ideal engineering practices. Pakistan’s Attorney General Mansoor Usman said the verdict largely upheld Pakistan’s…

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Nepra Slaps Rs95m Fine on Sepco, Hesco Over Losses, Poor Recoveries, and Safety Lapses

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed a combined fine of Rs95 million on two Sindh-based power distribution companies — Sukkur Electric Power Company (Sepco) and Hyderabad Electric Supply Company (Hesco) — for exceeding transmission and distribution (T\&D) loss targets, weak recovery performance, and safety violations. Sepco was fined Rs50 million for failing to curb T\&D losses and improve recoveries during FY24, while Hesco faced a Rs25 million penalty for similar shortcomings. In addition, Nepra levied two separate fines of Rs10 million each on Sepco for failing…

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IPVF Confirms: LONGi’s BC Modules Hi-MO 9 Outperform TOPCon in Power Gen & LCOE

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Paris/France – Renowned European third-party technical consultancy IPVF recently conducted a comprehensive value assessment of two 50MW ground-mounted PV projects in France and Denmark. The study provides an in-depth comparison of the power generation performance between LONGi’s BC module Hi-MO 9 (2382*1134mm) and mainstream TOPCon products (2382*1134mm). Data reveals that LONGi’s Hi-MO 9 BC modules demonstrate significant advantages over TOPCon products in per-watt power yield, system costs, and particularly levelized cost of electricity (LCOE), delivering higher lifetime returns for large-scale centralized power plants. Multiple globally authoritative institutions including Enertis Applus+…

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PBF & RF demand to move away from a single-buyer model to a transparent and competitive electricity market  

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Aug 12, 2025 Karachi: Sindh Energy Minister Syed Nasir Shah stated that the government is standing with the Business community. The Sindh government has already established SEPRA for the provincial electricity matters and planning to discuss business communities issues at the provincial level as well as federal level.  Organized by Renewables First and the Pakistan Business Forum (PBF), with the support of the Private Power & Infrastructure Board (PPIB), the Multi-Stakeholder Conference on Competitive Electricity Market in Pakistan set out a clear goal: to move beyond the monopolistic, single-buyer model towards…

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