Author: Admin

PM Likely to Announce Rs8 per Unit Electricity Price Cut on March 23

Admin
Electricity-Price

The government is set to slash electricity tariffs by Rs8 per unit, with Prime Minister Shehbaz Sharif expected to make the official announcement on March 23, following approval from the International Monetary Fund (IMF), Express News reported. Sources indicate that the Ministry of Finance and Power Division are considering additional measures to further reduce rates by Rs2 per unit, with a final decision expected before the announcement. Effective from April 1, 2025, the reduction will reflect in consumer bills from May. Of the Rs8 per unit cut, Rs4.73 will be…

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World Bank Likely to Approve $425 Million NTMP-I Restructuring Project Extension Aims to Strengthen Pakistan’s Power Transmission System

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world-bank

ISLAMABAD: The World Bank is expected to approve the restructuring of the National Transmission Modernization Project-I (NTMP-I), a $425 million initiative aimed at enhancing the capacity and reliability of Pakistan’s power transmission network while modernizing key operations of the National Transmission and Dispatch Company (NTDC). According to official documents, this marks the third restructuring of the project and the second phase of a planned two-stage extension. The proposed changes include extending the project’s closing date by 20 months, shifting from April 30, 2025, to December 31, 2026. With previous adjustments…

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Nepra May Hold Public Hearing on Revised Net-Metering Buyback RatesPower Division’s Proposal Sparks Concerns Among Solar Consumers

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NEPRA-Office

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) is expected to hold a public hearing on the revised buyback rates for net-metering consumers, following guidelines from the Power Division after formal approval from the federal cabinet, sources revealed. The Economic Coordination Committee’s (ECC) recent decision on net-metering has raised concerns among existing and potential solar consumers, as well as companies installing solar PV systems. Consumer groups may challenge the proposed revisions, arguing they contradict the government’s commitment to promoting clean energy. Introduced in 2015 to address energy shortfalls and boost…

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Karachi’s Green Space Shortage Heightens Climate Risks

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Green-Space

KARACHI: A groundbreaking study using Artificial Intelligence (AI) and satellite imagery has revealed a severe shortage of green spaces in Karachi, putting residents at heightened risk from climate change. Researchers from Aga Khan University (AKU) and New York University found that Karachi has only 4.17 square meters of green space per capita—less than half of the World Health Organization’s recommended minimum of 9 square meters. This shortfall intensifies the urban heat island effect, worsens air pollution, and disproportionately impacts lower-income communities. “Green spaces are not just for aesthetics—they are crucial…

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