ISLAMABAD: Pakistan holds vast potential to generate affordable, carbon-free electricity through solar and wind energy, but inadequate grid infrastructure threatens to slow its clean energy transition, warns a new United Nations report. The 2025 Review of Climate Ambition in Asia and the Pacific, released by the UN Economic and Social Commission for Asia and the Pacific (UN-ESCAP), emphasizes that Pakistan must make substantial investments to modernize and expand its grid network to integrate large-scale renewable projects while maintaining system reliability. The report notes that a successful phase-down of coal power…
Read MoreAuthor: Admin
Latest news
Local Refinery Upliftment Rises 23.5pc in October on Stronger Fuel Demand
KARACHI: Upliftment from local refineries surged by 23.5 percent year-on-year (YoY) in October 2025, driven by higher offtake of motor spirit (MS), high-speed diesel (HSD), and furnace oil (FO) amid firm domestic demand and a decline in Iranian fuel inflows, industry data showed. Overall refinery production climbed 58.3 percent YoY to 924,000 tonnes, with MS output up 69.3 percent to 229,000 tonnes, HSD up 74.7 percent to 481,000 tonnes, and FO up 23.2 percent to 183,000 tonnes. Industry officials attributed the robust rise mainly to a low base effect from…
Read MoreNepra Orders Rs0.48 per Unit Refund in November Power Bills
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has directed all state-run distribution companies and K-Electric to refund consumers Rs0.4812 per unit in November electricity bills, following a review of September’s Fuel Charges Adjustment (FCA) that revealed overbilling by power companies. The refund will apply to all categories of consumers except lifeline, protected, EV charging, and prepaid users, Nepra said in its decision. The regulator found that discrepancies between actual and billed fuel costs led to excess charges in September. In line with a federal Cabinet decision ratified on August…
Read MorePower Division Proposes 23% Cut in Sector Allocation Amid Fiscal Strain
ISLAMABAD: The Power Division has informed the Prime Minister’s Office (PMO) that the power sector’s allocation for the current fiscal year may face a 23 percent reduction, slashing it from Rs 1.261 trillion to Rs 893 billion, according to official sources. The clarification was issued in response to the PMO’s query about the current status and trajectory of circular debt in the energy sector. Sources said the Power Division rejected reports suggesting a steep rise in circular debt, explaining that while circular debt increased by Rs 87 billion during July–August…
Read More