ISLAMABAD: Pakistan will require an additional 60 million acre feet (MAF) of irrigation water by 2050 to meet the food, energy, and developmental needs of a rapidly growing population projected to reach 315 million, up from the current estimate of 251 million. Ongoing water storage projects, however, will provide only 11.13MAF of additional capacity, leaving a significant gap that demands urgent planning and investment. These insights were shared during a meeting of the Senate Standing Committee on Water Resources, chaired by Senator Shahadat Awan on Monday. Concern Over Suparco’s Non-Compliance…
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OGRA Approves Up to 7% Increase in Gas Prices to Meet Rs886bn Revenue Requirement
ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has approved an increase of up to 7% (Rs118 per mmBtu) in prescribed natural gas prices for FY2025-26, aimed at enabling the two state-owned gas utilities to meet their combined Rs886 billion revenue requirement for the upcoming fiscal year. In its latest determination submitted to the federal government, OGRA set the average revenue requirement for Sui Southern Gas Company Ltd (SSGCL) at Rs370 billion, up from Rs354bn allowed in July. The revised prescribed price for SSGCL now stands at Rs1,777 per mmBtu,…
Read MoreGlobal Momentum for Implementation Marks COP30 as IRENA Pushes for Accelerated Energy Transition
The 30th United Nations Climate Change Conference (COP30) concluded last week with a strong global push toward translating climate commitments into tangible action. The International Renewable Energy Agency (IRENA), alongside international partners and allies, played a pivotal role in showcasing practical pathways to advance just, inclusive, and accelerated energy transitions worldwide. At the heart of its COP30 engagement, IRENA hosted the Global Renewables Hub in partnership with the Global Renewables Alliance (GRA). The pavilion served as a vibrant meeting point for governments, industry leaders, civil society, and experts, enabling rich…
Read MoreBeko Reinforces Long-Term Commitment to Pakistan’s Home Appliances Industry
Karachi, Pakistan – 25 November 2025: Koç Holding — Türkiye’s leading investment conglomerate — reiterated its confidence in Pakistan’s economic potential and in Dawlance’s growth strategy following a strategic visit by top leadership from Koç Holding and Beko, the Group’s flagship brand in the global consumer durables industry. The delegation featured Dr. Fatih Kemal Ebiçlioğlu, President of Consumer Durables Group at Koç Holding; Can Dinçer, Chief Commercial Officer for Türkiye and South Asia at Beko; Nihat Bayız, Chief Production & Technology Officer at Beko; and Handan Abdurrahmanoğlu, Director of Regional…
Read MorePakistan and China Deepen Strategic Ties, Focus on Energy and Mineral Cooperation
Islamabad, November 19, 2025 Federal Minister for Petroleum, Mr. Ali Pervaiz Malik, and H.E. Jiang Zaidong, the Ambassador of the People’s Republic of China to Pakistan reaffirmed the unwavering strength of the Pakistan-China partnership and discussed avenues to enhance cooperation in the energy and mineral sectors in a meeting held at Chinese Embassy Islamabad. The discussions centered on mutual support, economic collaboration, and the shared vision for regional stability and prosperity. Minister Ali Pervaiz Malik extended a formal invitation for the upcoming Pakistan Mineral Investment Forum (PMIF) 2026. He emphasized…
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