Global Energy Alliance Plans $100m Fund to Digitise India’s Power Grids by 2028

New-Project62

MUMBAI: The Global Energy Alliance for People and Planet (GEAPP) is aiming to raise $100 million by 2028 to finance the digitisation of India’s electricity grids, as part of efforts to modernise infrastructure and accelerate the country’s clean energy transition. Speaking at Mumbai Climate Week, GEAPP Chief Executive Officer Woochong Um said the alliance plans to approach development finance institutions such as the World Bank and the Asian Development Bank for support. GEAPP — a philanthropic initiative backed by the The Rockefeller Foundation, the IKEA Foundation and the Bezos Earth…

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Apple Set to Manufacture, Refurbish iPhones in Pakistan Under New Policy Framework

New-Project61

ISLAMABAD: American technology giant Apple Inc. is poised to begin manufacturing and refurbishing iPhones in Pakistan after the government agreed to extend incentives under the proposed Mobile and Electronics Manufacturing Framework. Under the plan, Apple will initially refurbish two- to three-year-old iPhones for re-export, a move expected to generate $100 million in the first year, according to officials. The company has sought discounted land, an 8% performance incentive, and permission to establish refurbishment facilities — conditions that have been incorporated into the draft framework awaiting approval from Prime Minister Shehbaz…

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Asia-Pacific Likely to Miss 103 of 117 SDG Targets by 2030: ESCAP Report

New-Project60

ISLAMABAD: The Asia-Pacific region is on track to miss 103 out of 117 measurable Sustainable Development Goals (SDGs) targets by 2030 if current trends persist, according to the latest regional assessment. The findings were revealed in the Asia and the Pacific SDG Progress Report 2026, released by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP). The report paints a picture of uneven and imbalanced development across the region. While progress has been made over past decades in areas such as health, well-being and poverty reduction,…

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Govt Assures No Power, Gas Loadshedding During Sehr and Iftar in Ramazan

ISLAMABAD: The federal government on Wednesday assured citizens that there will be no electricity or gas loadshedding during Sehr and Iftar throughout the holy month of Ramazan, except in case of any major technical fault. Addressing a joint press conference, Federal Minister for Power Awais Leghari said the government had decided to ensure uninterrupted electricity supply at critical hours of fasting. “We have decided that there will be absolutely no loadshedding in any area — unless there is a major fault, God forbid — during Sehr and Iftar timings,” he…

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Power Firms Seek Rs1.78 Per Unit Increase in January FCA; NEPRA to Hear Case on Feb 26

Nepra-Price

ISLAMABAD: Power distribution companies have sought an additional Rs1.78 per unit from consumers in March bills under the monthly Fuel Cost Adjustment (FCA), citing a notable rise in electricity demand and a shift towards costlier fuel sources. The request was filed by the Central Power Purchasing Agency (CPPA) with the National Electric Power Regulatory Authority (Nepra), which has scheduled a public hearing on February 26 to examine the petition. According to the CPPA, electricity consumption in January 2026 rose by 12.1 per cent compared to the same month last year…

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