Author: Admin

Nepra Imposes Rs25 Million Fine on LESCO Over Rising T&D Losses, Poor Recoveries

Admin
New-NEPRA

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has imposed a Rs25 million fine on the Lahore Electric Supply Company (LESCO) for failing to improve its transmission and distribution (T&D) losses and bill recoveries during FY 2023-24, compared to the previous fiscal year. According to Nepra, the decision follows findings from the Circular Debt (CD) Report for June 2024, received from the Central Power Purchasing Agency-Guaranteed (CPPA-G). The report revealed that total electricity purchases by distribution companies (DISCOs) fell slightly from 116,696 GWh in FY 2022-23 to 115,142 GWh in…

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Tariff Revision Puts K-Electric’s Profitability at Risk, Warn Analysts

Admin

KARACHI: Analysts have warned of a grim financial outlook for K-Electric (KE) following the National Electric Power Regulatory Authority’s (Nepra) revised decision on the utility’s Multi-Year Tariff (MYT) for 2024–2030, predicting a potential annual shortfall of Rs79 billion and a loss per share (LPS) of Rs2.9 for FY24. In its latest ruling issued on October 20, 2025, Nepra slashed KE’s tariff from Rs39.97 per unit to Rs32.37, introducing significant structural adjustments that analysts believe will severely strain the company’s balance sheet. A report by AKD Securities estimates the annual shortfall…

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French Court Convicts TotalEnergies for ‘Greenwashing’ Over Misleading Climate Claims

Admin
Total-Energies

PARIS: In a landmark decision, a French court has convicted oil and gas giant TotalEnergies of engaging in “misleading commercial practices” by overstating its environmental commitments, marking the world’s first-ever court ruling against a major oil company for climate misinformation. The court found that TotalEnergies’ claims about achieving carbon neutrality by 2050—while simultaneously expanding its oil and gas production—had misled consumers. The company was ordered to remove several environmental claims from its French consumer website. While the court dismissed allegations related to the firm’s corporate communications and promotions of fossil…

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Pakistan and Qatar conclude Sixth Joint Ministerial Commission with major commitments in trade, transport, health, education, and technology

Admin
New-Project75

ISLAMABAD, October 2025: Pakistan and Qatar have signed a landmark protocol committing $3 billion in Qatari investment in Pakistan, marking a new chapter in bilateral economic cooperation. The agreement was formalized during the Sixth Session of the Pakistan-Qatar Joint Ministerial Commission (JMC) on Economic, Trade, and Technical Cooperation, which concluded on Thursday. The protocol was signed by Federal Minister for Commerce Jam Kamal Khan and Qatar’s Minister of Commerce and Industry Sheikh Faisal bin Thani bin Faisal Al Thani, reaffirming the resolve of both nations to deepen collaboration across multiple…

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High-Achieving Pakistani Students Visit Turkish Ministry of National Education, Strengthening Educational and Cultural Ties

Admin
New-Project74

ANKARA, October 2025: A delegation of high-achieving Pakistani students currently visiting Turkiye under a special initiative of Prime Minister H.E. Muhammad Shehbaz Sharif visited the Turkish Ministry of National Education in Ankara today. The visit aims to recognize outstanding academic performance while deepening educational and cultural collaboration between the two brotherly nations. The students were warmly received by H.E. Yusuf Tekin, Minister of National Education of Turkiye, who welcomed the delegation with great enthusiasm. In his address, Minister Tekin described the youth as the torchbearers of the exemplary Pakistan–Turkiye brotherhood,…

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