Author: Admin

ISLAMABAD: The Privatisation Commission has proposed a major restructuring of Pakistan’s power distribution sector, recommending the separation of electricity distribution networks from competitive supply businesses to improve efficiency, attract private investment and create opportunities for reducing electricity tariffs. According to the commission’s policy paper, Post-Privatisation Regime for Power Distribution Companies, the proposed framework would divide the electricity value chain into four functions: Distribution Network Operators (DNOs), Competitive Suppliers (CSs), Supplier of Last Resort (SoLR) and ring-fenced ancillary businesses. Under the proposed model, DNOs would own, operate and maintain distribution networks…

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KARACHI: Pakistan’s proposed Auto Policy 2026-31 could significantly reduce electric vehicle (EV) prices by revising sales taxes and import duties, with some battery electric vehicle (BEV) models potentially becoming around 22 per cent cheaper, according to preliminary industry estimates. According to Topline Securities, the draft policy proposes maintaining the 1 per cent general sales tax (GST) on BEVs, while setting GST at 9pc for plug-in hybrid electric vehicles (PHEVs) and 6pc for range-extended electric vehicles (REEVs). Under the proposed changes, BEVs with import values below $15,000 could see price reductions…

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KARACHI: MMG Engineering Associates (Pvt.) Ltd. has successfully completed and commissioned two 7.5-megawatt (MW) wind turbines and a 19 MW solar power system integrated with a microgrid at Premium Textile Mills Ltd., bringing the project’s total installed renewable energy capacity to 34 MW. According to the company, the integrated wind and solar project is expected to reduce carbon emissions by approximately 50,000 tonnes of carbon dioxide (CO₂) annually. The project highlights the potential of combining multiple renewable energy sources with microgrid technology to support more sustainable and efficient energy generation…

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Karachi, October 21st, 2026: National Bank of Pakistan (NBP) and Habib University Foundation have entered into a Memorandum of Understanding (MoU) to expand access to higher education and create opportunities for talented young women from across Pakistan. The MoU signing ceremony, held at the Habib University campus in Karachi, marks an important step in NBP’s continued efforts to support education, promote women’s empowerment and contribute to inclusive social development. Under the partnership, NBP will support the four-year academic journey of thirteen (13) female students from across Pakistan, with preference given…

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Karachi (Oct 20) Sindh Chief Minister Syed Murad Ali Shah briefed the cabinet on the outcomes of his recent visit to China, highlighting new opportunities for investment, technology transfer and cooperation in energy, agriculture, water management, education, healthcare and industrial development. The Cabinet emphasised the need for immediate follow-up to translate the agreements and discussions into practical projects that create jobs, strengthen the provincial economy and improve public services. The Chief Minister informed the Cabinet that Sindh and China’s Hubei province had agreed to deepen their longstanding partnership, which began…

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