Author: Admin

Pakistan Targets 60% Renewable Energy Share by 2030, National Assembly Informed

Admin
National-Assembly

ISLAMABAD: Pakistan is accelerating its transition toward clean energy, with the government reaffirming its target to raise the renewable share in the national grid to 40% by 2025 and 60% by 2030, the National Assembly was told on Friday. In a written reply, Federal Minister for Energy (Power Division) Awais Leghari said the country has already surpassed its 2025 goal, with renewables accounting for over 46% of Pakistan’s power generation mix as of September 2025. While on-grid renewable capacity currently stands at 37%, it is expected to increase significantly as…

Read More

Pakistan’s OGDCL Accelerates Unconventional Gas Drive to Boost Domestic Supply

Admin

Pakistan’s state-owned Oil & Gas Development Company Limited (OGDCL) is preparing a major expansion of its unconventional gas programme from early next year, aiming to strengthen domestic production and curb dependence on imported LNG. Despite Pakistan’s long-recognised potential in tight and shale gas, commercial-scale output has yet to materialise. However, new seismic and reservoir data have prompted OGDCL to significantly widen its scope. Managing Director Ahmed Lak told Reuters that the company has tripled its tight-gas study area to 4,500 square kilometres. Phase two of the technical evaluation is expected…

Read More

IMF Executive Board to Review Pakistan’s Loan Programme on Dec 8, Expected to Approve $1.2bn Disbursement

Admin
New-IMF

The International Monetary Fund (IMF) Executive Board will meet on December 8 to consider and approve a $1.2 billion disbursement for Pakistan, following a staff-level agreement reached in October after extensive talks in Karachi, Islamabad, and Washington. The upcoming review covers two components: nearly $1 billion under the Extended Fund Facility (EFF) and about $200 million under the Resilience and Sustainability Facility (RSF). Once approved, the funds are expected to be released as early as the following day. The IMF confirmed the meeting date through an official announcement, and the…

Read More

WWEC 2025 Conference Resolution

Admin
*WWEC 2025 Conference Resolution*

22nd World Wind Energy Conference – Shantou, China | 3–5 December 2025Empowering the Future with Wind Energy: Innovation, Collaboration & Sustainable Growth The 22nd World Wind Energy Conference (WWEC 2025) proudly welcomed 1,500 delegates from 26 countries, representing wind, solar, hydro, and other renewable energy sectors. The global participation reaffirmed the conference’s role as a leading platform for advancing renewable technologies, policy development, manufacturing, R&D, offshore and small wind solutions, integrated systems, community involvement, and socioeconomic progress. The Conference extended sincere appreciation to the Government of China, the city of…

Read More

MAP Holds 40th Corporate Excellence Awards at Pearl Continental Hotel Karachi

Admin
MAP

KARACHI, December 4, 2025:The Management Association of Pakistan (MAP) organized the 40th Corporate Excellence Awards (CEA) in Karachi, celebrating four decades of promoting excellence, governance, and best management practices across Pakistan’s corporate landscape. The Minister of Labor, Human Resources and Social Protection, Government of Sindh, Mr. Saeed Ghani, graced the occasion as Chief Guest and presented awards to the top-performing companies in both the Industrial and Financial sectors. He represented the Honorable Chief Minister of Sindh, who was attending the National Finance Commission meeting in Islamabad. President’s Remarks In his…

Read More