Author: Admin

LAHORE: The Water and Power Development Authority (Wapda) announced on Monday that its hydropower generation exceeded 6,000 megawatts during peak hours on Sunday night following increased water releases by the Indus River System Authority (Irsa). In a statement, Water and Power Development Authority said its hydel power stations supplied 6,118MW electricity to the national grid during peak demand hours after receiving a higher water indent from Indus River System Authority. According to the breakdown provided by Wapda, the Tarbela Dam Hydel Power Station generated 2,332MW, while the Tarbela 4th Extension…

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WASHINGTON: Pakistan is among the countries that could benefit from a new temporary licence issued by the United States allowing selected energy-importing nations to access Russian oil, diplomatic sources told Dawn. The US Department of the Treasury has introduced a 30-day general licence aimed at easing immediate supply pressures in global crude oil markets and supporting energy-vulnerable countries facing fuel shortages and rising costs. Diplomatic sources said the arrangement may also apply to Pakistan, although they cautioned that Islamabad may face challenges in fully utilising the concession due to limited…

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ISLAMABAD: Pakistan has allocated nearly 35 percent of the proceeds raised through its inaugural domestic Green Sukuk toward climate-resilient infrastructure projects, with major investments directed to water storage and renewable energy initiatives. According to the Ministry of Finance’s “Domestic Green Sukuk Allocation & Impact Report FY2025-26,” the government has so far utilised Rs11.256 billion out of the Rs32 billion raised through the three-year Variable Rental Rate (VRR) GOP Ijarah Green Sukuk launched under Pakistan’s Sustainable Investment Sukuk Framework. The report stated that the remaining Rs20.744 billion would be allocated within…

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ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Tuesday granted in-principle approval for the restructuring of the Pakistan National Shipping Corporation (PNSC), including the sale of a 30 percent stake and transfer of management control to the National Logistics Corporation (NLC). The ECC meeting, chaired by Federal Minister for Finance and Revenue Muhammad Aurangzeb, also approved the National Policy to Realize Pakistan’s Gemstone Potential 2026–2030, aimed at modernizing the gemstone sector, promoting value addition, and boosting exports, particularly from Gilgit-Baltistan, Khyber Pakhtunkhwa, and Azad Jammu & Kashmir. The…

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HARIPUR: Growing air and water pollution in Haripur district, particularly around the Hattar Industrial Estate, is increasingly being blamed for a surge in diseases among local residents. According to residents, toxic emissions from factories and the discharge of hazardous chemicals into water sources are severely affecting public health, with children among the worst impacted. Locals say they have repeatedly approached government authorities and even the Supreme Court, warning that the situation could pose serious long-term risks to thousands of people. Sources revealed that smoke and emissions from factories operating in…

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