Author: Admin

Islamabad: Despite more than three decades of reforms and policy interventions, Pakistan’s power sector continues to struggle with inefficiencies that undermine economic growth and erode consumer confidence, the National Electric Power Regulatory Authority (Nepra) has observed in its State of the Industry Report 2025. The regulator noted that gains achieved through renegotiation of power producer contracts have largely been offset by persistent operational and governance failures. Inefficiencies in distribution companies (Discos) alone have contributed around Rs400 billion to the circular debt, while consumers paid approximately Rs235bn in debt servicing surcharge…

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Islamabad: The Islamabad Chamber of Commerce and Industry (ICCI) has expressed strong support for the renewable and alternative energy sector, calling for consultative and well-considered reforms to the Net Metering Policy. An eight-member delegation of the Pakistan Alternative Energy Association (PAEA) and the Renewable Energy Association of Pakistan (REAP), led by PAEA Chairman Asif Javed, met ICCI President Sardar Tahir Mehmood to highlight serious challenges arising from proposed policy changes. Sardar Tahir Mehmood assured full support to PAEA and REAP, warning that abrupt and unconsulted policy shifts could undermine investor…

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Mr. Atif Ikram Sheikh, President FPCCI, has made a fervent appeal to the federal government to immediately declare an industrial emergency in Pakistan; warning that the country’s manufacturing base is teetering on the brink of a systemic and irreversible collapse. He reiterated that FPCCI rejects incremental package as no industry received electricity bill at PKR. 22 per unit and they continue to receive the bills at PKR. 34 – 35 per unit. FPCCI President Mr. Atif Ikram Sheikh and United Business Group (UBG) Patron-in-Chief Mr. S. M. Tanveer have asserted…

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Islamabad: The Oil and Gas Regulatory Authority (OGRA) has mobilized its enforcement teams from the Head Office and Regional Offices to conduct a comprehensive inspection of petrol pumps across their respective jurisdictions. The objective of this exercise is to verify the legality of operations, adherence to codal formalities, and compliance with OGRA’s rules and regulations. As part of this enforcement drive, Chairman OGRA, Mr. Masroor Khan, personally accompanied the enforcement teams during visits to various petrol pumps. During these inspections, the teams examined the validity of licenses, verification of mandatory…

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ABU DHABI: The 18th World Future Energy Summit (WFES) concluded at the ADNEC Centre Abu Dhabi on Thursday after an action-packed week of high-level discussions, industry-shaping announcements and landmark international partnerships, reinforcing the UAE’s role as a global hub for the energy transition. Held as part of Abu Dhabi Sustainability Week and hosted by Masdar, this year’s Summit — the largest and most ambitious to date — brought together global leaders, policymakers and industry stakeholders from more than 150 countries at a critical juncture for clean energy transformation. With wind…

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