FPCCI Challenges Power Division’s Circular Debt Claims

power-transmission

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has disputed the Power Division’s circular debt report, terming it a result of technical adjustments, accounting reclassifications, and shifting benchmarks rather than any real improvement in power sector efficiency. In an analysis shared with Nepra and leading business houses, FPCCI alleged that financial liabilities were being parked off balance sheets, particularly rising payables of K-Electric, while fiscal injections from taxpayer money were used to show slower growth in circular debt instead of addressing structural issues such as cross-subsidies imposed…

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Pakistan China Launch E-Mining Platform, Sign MoUs to Strengthen Minerals Sector Cooperation at the Forum

Islamabad, January 28, 2026: The Pak–China Mineral Cooperation Forum was held today at the Jinnah Convention Centre, Islamabad, bringing together senior Pakistani leadership, diplomatic representatives, Chinese enterprises, and industry stakeholders to strengthen bilateral cooperation in Pakistan’s mineral sector and explore new avenues for sustainable development and investment. Organized by the China Chamber of Commerce in Pakistan (CCCPK) the forum served as a high-level platform for policy dialogue, investment facilitation, technological collaboration, and business matchmaking across the entire mineral value chain, including exploration, mining, processing, logistics, financing, and capacity building. The…

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31st Annual Technical Conference (ATC) & Exhibition Organized by SPE Pakistan Section Kicks Off in Islamabad

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Islamabad, January 28, 2026 — The Society of Petroleum Engineers (SPE) Pakistan Section has commenced the 31st Annual Technical Conference (ATC) & Exhibition, being held on January 28–29, 2026, at the Serena Hotel, Islamabad. Pakistan’s flagship upstream conference and largest technical gathering, ATC provides a central platform for strategic dialogue and technical exchange among Oil & Gas leaders, Geoscientists, Engineers, Policymakers, Academia, and global stakeholders, with participation from over 1,500 delegates from Pakistan and abroad. The Advisor on Privatization and Chairman Privatization Commission, Mr. Muhammad Ali, graced the Opening Ceremony…

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Global Energy Storage Market Crosses 100GW, Five Key Trends to Shape 2026

energy-storage

The global energy storage sector reached a historic milestone in 2025, with annual installations surpassing 100 gigawatts for the first time, despite significant policy shifts in the world’s two largest markets, China and the United States. According to Wood Mackenzie’s latest report, “What to look for in 2026: Global Storage,” growth has continued even as China removed its requirement to pair energy storage with new renewable projects, moving instead toward market-based mechanisms that introduce revenue uncertainty. In the US, tax incentives remain intact, but supply chain restrictions are limiting the…

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President Zardari, UAE President Sheikh Mohamed bin Zayed Pledge to Deepen Strategic Ties

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ABU DHABI: President Asif Ali Zardari, accompanied by a high-level delegation, on Tuesday met His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates and Ruler of Abu Dhabi, to further strengthen bilateral relations between Pakistan and the UAE. The two leaders discussed ways to deepen the longstanding, brotherly ties between the two countries and reviewed the full spectrum of bilateral cooperation. They explored new avenues for collaboration in trade, investment, energy, infrastructure, technology and people-to-people exchanges, underscoring the strong potential for expanding economic and strategic…

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