PESHAWAR: Mohammad Sohail Afridi has directed relevant departments to explore the feasibility of establishing an electric bike and scooter manufacturing industry in the province, underscoring the government’s commitment to innovation and environmental sustainability. The directive came during a high-level meeting of the Planning and Development Department to review proposals for the Annual Development Programme (ADP) 2026–27. The chief minister also ordered a structured assessment of heli-tourism to unlock high-value tourism potential in remote and scenic areas. The meeting reviewed a wide range of initiatives across social welfare, sports, tourism, relief,…
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Experts Warn Against Taxing Solar Panels, Batteries Amid Energy Security Concerns
ISLAMABAD: Energy experts and policymakers have cautioned the government against imposing taxes on solar panels and batteries, warning that such measures could undermine Pakistan’s energy security and penalise consumers who have helped stabilise the economy during global energy volatility. The concerns were raised during a consultative dialogue titled “Beyond the Barrel: Making Pakistan Energy Secure in an Era of Geopolitical Shocks,” organised by the Pakistan Renewable Energy Coalition (PREC) in collaboration with the Alliance for Climate Justice and Clean Energy and the Sustainable Development Policy Institute. Speaking at the event,…
Read MoreGovt Removes Acting Oil and Gas Regulatory Authority Chairman Amid Supply, Pricing Concerns
ISLAMABAD: The government on Wednesday removed the acting chairman of the Oil and Gas Regulatory Authority (Ogra) amid ongoing oil supply challenges and pricing controversies, appointing a senior bureaucrat on an interim basis. According to a notification issued by the Cabinet Division, Nabeel Ahmed Awan, a BS-22 officer of the Pakistan Administrative Service (PAS) and currently Secretary Establishment Division, has been assigned additional charge as Ogra chairman with immediate effect for three months or until a permanent appointment is made. The outgoing acting chairman, Shahzad Iqbal, will continue to serve…
Read MorePower Consumers to Bear Rs10.6bn FCA Burden in April Bills
ISLAMABAD: National Electric Power Regulatory Authority (Nepra) has notified an additional financial burden of approximately Rs10.57 billion on electricity consumers by approving a Rs1.42 per unit increase under the fuel cost adjustment (FCA) mechanism for February 2026, to be reflected in April bills. However, the overall impact offers slight relief, as the new FCA replaces a higher Rs1.63 per unit charge applied in March, resulting in a net decrease of 21 paisa per unit for consumers. According to Nepra, the FCA of Rs1.4235 per unit will apply to all categories…
Read MoreEnergy Crisis Could Persist Months After Ceasefire, Warns Finance Minister Aurangzeb
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Tuesday cautioned that the global energy crisis could continue for months even after a ceasefire, citing extensive damage to energy infrastructure in the Gulf region. Addressing parliament, the minister said that while diplomatic efforts may lead to a cessation of hostilities, recovery in the global energy sector would take time. “Even if a ceasefire is achieved, normalisation may take weeks or months as critical energy infrastructure has been targeted,” he stated. Aurangzeb said the government is closely monitoring key indicators, including rising petroleum rates,…
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