Author: Admin

New E-Vehicle Policy to Drive Greener, Healthier Pakistan: Climate Ministry

Admin
electric-vehicles

ISLAMABAD: The federal government has ramped up policy-level initiatives to accelerate the adoption of electric vehicles (EVs), aiming to foster a greener, healthier, and economically stable Pakistan. Speaking on Sunday, Muhammad Saleem Shaikh, spokesperson for the Ministry of Climate Change and Environmental Coordination, said the newly launched National Electric Vehicle Policy (NEVP) 2025–2030 represents a strategic move towards clean energy and climate resilience. The policy, unveiled on Friday, is designed to reduce greenhouse gas emissions, cut fossil fuel dependency, and boost green innovation and employment. “With the transport sector being…

Read More

No Load-Shedding During Ashura: DISCOs Ordered to Ensure Uninterrupted Power Supply

Admin
power-distribution

ISLAMABAD: The Ministry of Energy has directed all power distribution companies (DISCOs) to ensure uninterrupted electricity supply across Pakistan during the holy month of Muharram, particularly on the 9th and 10th, when millions participate in religious processions and Majalis. Energy Minister Awais Leghari issued instructions to the CEOs of all DISCOs, stressing the need for urgent and proactive measures due to the expected heatwave in July. He emphasized that uninterrupted power during this sacred month is essential to avoid public inconvenience. “Given the significance of Muharram and the intense weather…

Read More

US Strikes on Iran Spark Fears of Oil Price Surge and Global Market Volatility

Admin
oil-Price

NEW YORK: A United States strike on Iranian nuclear facilities is raising alarm bells in global financial markets, with experts warning of a surge in oil prices and increased volatility amid deepening geopolitical tensions. While Gulf stock markets appeared to take the news in stride during Sunday trading—with indexes in Saudi Arabia, Qatar, and Kuwait remaining flat or slightly up—investors are bracing for a more dramatic reaction when major global markets reopen. “This will blanket markets in uncertainty,” said Mark Spindel, Chief Investment Officer at Potomac River Capital. “Oil will…

Read More

Iran plans to shut Strait of Hormuz: How it may shake global oil and why India is at risk too

Admin
shut strait of hormuz

Iran plans to shut Strait of Hormuz: How it may shake global oil and why India is at risk too In a sharp escalation following US airstrikes on its nuclear facilities, Iran’s parliament on Sunday approved a proposal to close the Strait of Hormuz, one of the world’s most critical oil shipping routes. The move, reported by state-run Press TV on Sunday, signals Tehran’s willingness to hit back economically. Brigadier General Alireza Tangsiri, commander of the IRGC Navy, reportedly issued a stark warning: “The Strait of Hormuz will be closed…

Read More

‘New electricity provider in Karachi’: NA panel underscores need for exploring possibility

Admin
electricty

ISLAMABAD: The National Assembly Standing Committee on Government Assurances has recommended that the government explores the possibility of inducting a new electricity provider in Karachi to promote healthy competition and improve service delivery. This recommendation was made during a discussion on a calling attention notice moved by MNA Sardar Nabil Ahmed Gabol regarding unscheduled load-shedding and over-billing in Karachi, particularly in Lyari and Azam Basti by K-Electric (KE). The Committee, chaired by Nuzhat Sadiq, directed KE to cease unscheduled load-shedding, especially outages exceeding 10 hours a day and those occurring…

Read More