Author: Admin

ISLAMABAD: Prime Minister Shehbaz Sharif has commended the coordinated efforts of federal and provincial governments and relevant institutions as the number of direct beneficiaries of Pakistan’s fuel subsidy scheme surpassed 10 million. The prime minister also announced a national award for Information Technology Minister Shaza Fatima Khawaja in recognition of her contribution to implementing the initiative. Speaking at a high-tea hosted to acknowledge the efforts of ministers and government officials, Shehbaz Sharif said the government would also present shields to other officials involved in executing the scheme and ensuring transparent…

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ISLAMABAD: Pakistan’s nuclear security framework has received a positive assessment from an International Atomic Energy Agency (IAEA) expert team following the country’s first-ever International Physical Protection Advisory Service (IPPAS) mission, which reviewed the legal, regulatory and operational arrangements for protecting nuclear materials and facilities. The 12-day mission concluded that Pakistan had established a robust nuclear security regime and found that its security framework was appropriately implemented at the specific nuclear facility visited by the experts. The team also noted that the regime was continually strengthened through periodic reviews and supported…

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has notified use-of-system charges (UoSC) ranging from Rs6.23 to Rs19.62 per unit for bulk power consumers (BPCs) of distribution companies, including K-Electric, participating in Pakistan’s competitive electricity trading market. The decision is expected to pave the way for the launch of competitive power trading under the Competitive Trading Bilateral Contract Market (CTBCM), allowing eligible consumers to purchase electricity from private suppliers and use the national grid to transport power to their facilities. Under the framework, consumers participating in the upcoming 400-megawatt (MW)…

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KARACHI: itel Energy has showcased its latest solar and energy storage solutions at the 22nd Solar Pakistan Expo, held from October 9 to 11 at the Expo Centre Karachi, unveiling its Gen-2 residential battery range, highlighting its strategic partnership with REPT BATTERO and announcing plans to expand into the commercial and industrial (C&I) energy storage market. The company said Pakistan’s evolving energy landscape, characterised by rising electricity tariffs and persistent power outages, is driving demand for integrated solar-plus-storage solutions for residential and commercial applications. At the exhibition, itel Energy introduced…

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KARACHI: Mian Zahid Hussain, President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance, Chairman of the National Business Group Pakistan and FPCCI Policy Advisory Board, and former Provincial IT Minister, has said that the World Bank’s October 2026 report, Middle East, North Africa, Afghanistan and Pakistan Economic Update: From Divide to Opportunity: AI, Jobs, and Growth, presents a serious warning about Pakistan’s worsening poverty situation and the need for urgent economic reforms. He said the report should prompt policymakers to reassess national development priorities, stressing…

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