Pakistan Moves Toward Virtual Grid & Battery-Based Power System

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ISLAMABAD: Power Minister Awais Leghari has said the government is working to introduce a virtual grid system that will allow electricity consumers to generate and store power. Regulations for virtual grids are already under preparation and are expected to be finalised by the last quarter of the current fiscal year. The government has also directed power distribution companies (Discos) to install battery storage systems on their grids as part of efforts to strengthen the power system and promote energy storage. Leghari said a “battery revolution” was coming to Pakistan, with…

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Fuel Subsidy: Petroleum Dealers Seek Reimbursement Mechanism

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KARACHI: Petroleum dealers have urged the government to establish a clear and timely mechanism for reimbursing the Rs100 per litre fuel subsidy under the PM Special Relief Scheme. Pakistan Petroleum Dealers Association (PPDA) Chairman Malik Khuda Bakhsh welcomed the relief package but warned that dealers cannot afford to absorb the subsidy or wait for prolonged reimbursements. Under the scheme: Dealers said they remain unclear about whether the Petroleum Division, Finance Ministry or State Bank will release the reimbursement and how quickly payments will be made. PPDA representatives warned that delayed…

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Fuel Subsidy Scheme: PM Directs Facilitation Desks at Petrol Stations

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ISLAMABAD: Prime Minister Shehbaz Sharif has directed authorities to establish facilitation desks at petrol stations to help eligible citizens register for and receive fuel subsidies under the PM Special Relief Scheme. The nationwide scheme, including AJK and Gilgit-Baltistan, covers owners of motorcycles, rickshaws and vehicles up to 800cc. Facilitation desks will be staffed by administration officials, volunteers and petrol station personnel to guide applicants through registration and other requirements. Registration requires only four details: CNIC number, vehicle number plate, province of registration and vehicle registration date. The government has also…

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Federal Minister for Petroleum Holds Meetings with VTTI and Honeywell UOP, Discusses Investment in Energy Infrastructure and Refinery Upgradation

Islamabad: September 16,2026 Federal Minister for Petroleum Ali Pervaiz Malik held separate meetings with senior representatives of VTTI and Honeywell UOP to discuss investment opportunities, energy infrastructure development and the upgradation of Pakistan’s refinery sector.During his meeting with a delegation of VTTI, a leading energy infrastructure company specializing in energy storage and terminal solutions, the Minister was briefed on the company’s interest in expanding its operations and investment in Pakistan. The VTTI delegation expressed interest in developing bonded warehousing and re export facilities in Pakistan and establishing terminal infrastructure for…

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