Author: Admin

PM Shehbaz, Chinese Envoy Reaffirm Commitment to CPEC and Regional Cooperation

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CPEC-Projects

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday reaffirmed Pakistan’s unwavering commitment to the China-Pakistan Economic Corridor (CPEC), calling it the cornerstone of the enduring strategic partnership between Islamabad and Beijing. During a meeting with Chinese Ambassador Jiang Zaidong, the premier emphasized the timely execution of key infrastructure projects, including the Main Line-1 (ML-1) railway upgrade, the Karakoram Highway expansion, and the further development of Gwadar Port. According to a statement from the Prime Minister’s Office, discussions also covered enhanced bilateral cooperation in agriculture, industry, and information technology. Prime Minister Sharif…

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NEPRA Mulls 10-Paisa Per Unit Power Tariff Increase for May 2025

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New-NEPRA

ISLAMABAD: Electricity consumers across Pakistan—excluding K-Electric (KE) and lifeline users—may see a 10-paisa per unit hike in power tariffs under the Fuel Charges Adjustment (FCA) for May 2025. The National Electric Power Regulatory Authority (NEPRA) will hold a public hearing on June 30, 2025, at NEPRA Tower, Islamabad, to review the proposed Rs0.1015/kWh increase. The session will also be accessible via Zoom for wider public participation. The Central Power Purchasing Agency Guarantee Limited (CPPA-G), on behalf of Ex-WAPDA Distribution Companies (XWDISCOs), submitted the proposal, citing a fuel cost of Rs7.4940/kWh…

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NEPRA Serves Show-Cause Notice to K-Electric Over Unfair Load-Shedding Practices

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Nepra-Price

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has issued a show-cause notice to K-Electric (KE) for failing to comply with its directives on forced load-shedding, accusing the utility of violating the NEPRA Act and the Performance Standards (Distribution) Rules, 2005. NEPRA stated that KE has been carrying out load-shedding based on Aggregate Technical and Commercial (AT\&C) losses, resulting in entire feeders being shut down—even where some consumers are fully compliant and pay their bills on time. “This practice is unjust to law-abiding consumers,” the authority noted. According to regulations,…

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Oil falls 6pc

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opec

HOUSTON: Oil prices tumbled $5 a barrel, or over 6%, on Monday after Iran attacked a US military base in Qatar in retaliation for US attacks on its nuclear facilities at the weekend, and took no action to disrupt oil and gas tanker traffic through the Strait of Hormuz. Brent crude futures were down $4.90, or 6.3%, at $72.19 a barrel by 2:13 p.m. ET (1813 GMT). US West Texas Intermediate crude (WTI) eased $4.60, or 6.2%, to $69.23. Global benchmark Brent had kicked off the week with nearly 6%…

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CM pays tribute to national unity, praises chairman Bilawal’s diplomatic role during India conflict

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• Announces Rs42,000 as minimum wage• Condemns aggression gaianst Palestine, IranKARACHI (June 19): Sindh Chief Minister Syed Murad Ali Shah, concluding debate on the budget 2025-26, delivered a comprehensive address in the Sindh Assembly, lauding Pakistan’s unified national response during the recent conflict with India and highlighting the crucial diplomatic and political role played by PPP Chairman Bilawal Bhutto Zardari.He began by congratulating the service chiefs, armed forces, President, Prime Minister, provincial governments, media, and political workers for their collective and coordinated effort. “Our national unity led us to success,”…

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