Author: Admin

ISLAMABAD: In a striking contradiction, the National Electric Power Regulatory Authority (Nepra) has reiterated that revenue-based loadshedding is illegal, yet the Power Division has made it clear the practice will continue to contain the country’s mounting circular debt. During a public hearing on a marginal fuel cost adjustment of Rs0.27 per unit, officials confirmed that discontinuing revenue-based loadshedding could add over Rs400 billion to the circular debt, which has already surged to approximately Rs1.8 trillion from Rs1.6 trillion within nine months. Amina Ahmed openly termed the practice unlawful, raising concerns…

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Berlin, Germany: Marking Earth Day, green search engine Ecosia has achieved a major environmental milestone—planting 250 million trees worldwide—solidifying its position as the world’s largest planter of native trees. To commemorate the achievement, Ecosia founder Christian Kroll, alongside Germany’s Federal Environment Minister Carsten Schneider, planted a symbolic tree outside the Reichstag Building, home to the German parliament. A Global Movement Rooted in Local Action Since its founding in 2009, Ecosia has built an extensive global reforestation network, partnering with 125 organisations and engaging over 200,000 tree planters. The company focuses…

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ISLAMABAD: Pakistan’s push toward electric mobility has hit a roadblock as private-sector stakeholders raise concerns over regulatory barriers affecting the import and deployment of electric vehicle (EV) charging infrastructure. At the center of the issue is a disputed classification under Customs General Order (CGO) Entry No. 938 in Draft CGO No. 3 (revised February 25, 2025). Industry players argue that the provision is delaying the rollout of EV charging stations nationwide by restricting imports under what they describe as non-tariff barriers. The concerns have been formally highlighted by Go Green…

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ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry has called on the government to immediately suspend or provide relief on petroleum and carbon levies imposed on furnace oil, warning that escalating electricity costs are placing severe strain on industrial activity. The demand comes at a time when Pakistan is facing reduced availability of Re-gasified Liquefied Natural Gas due to disruptions in imported gas supplies. This shortfall has forced the power sector to increase reliance on furnace oil-based generation to sustain electricity supply. Under the Finance Act 2025, furnace…

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