Author: Admin

PM-Constituted Panel Approves LFP Battery Technology for Localisation

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New-Project2

ISLAMABAD: A working group constituted by the Prime Minister to draft the National Lithium-Ion Battery Manufacturing Policy 2026–2031 has given initial approval to lithium iron phosphate (LFP) battery technology for localisation in Pakistan. The decision was announced by Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan during a meeting held on Tuesday to finalise the proposed Lithium-Ion Battery Policy. The meeting was attended by Secretary Industries and Production Saif Anjum, CEO Engineering Development Board (EDB) Hammad Mansoor and representatives from the private sector. According…

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After PIA, DISCOs Also Headed for Privatisation

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New-PIA

Prime Minister Shehbaz Sharif on Tuesday reaffirmed that the privatisation of loss-making state-owned enterprises (SOEs) remains a top priority of the government, describing the planned sale of 75 per cent shares of Pakistan International Airlines (PIA) as the first step in a broader reform agenda. Chairing a high-level meeting on the affairs of the Privatisation Commission at the Prime Minister’s House, the prime minister directed that the pace of reforms within the Commission be further accelerated to ensure greater efficiency, transparency and credibility in the privatisation process. The meeting was…

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Committee Proposes 5% Voluntary Ethanol Blending with Petrol

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petrol-price

ISLAMABAD: A committee constituted by Prime Minister Shehbaz Sharif has recommended the introduction of 5 per cent voluntary ethanol blending with petrol, subject to commercial viability and consultations with oil marketing companies (OMCs). Headed by Minister for Petroleum Ali Pervaiz Malik, the committee was tasked with examining fuel-blending options. It has submitted its report to the Prime Minister’s Office, which has asked the panel to present its findings to the deputy prime minister. According to oil industry officials, Pakistan’s current ethanol production from sugarcane crushing stands at around 400,000 to…

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Nepra Report Highlights Safety and Governance Gaps in Public-Sector DISCOs

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Nepra-Price

ISLAMABAD: Pakistan’s power distribution sector continues to make uneven progress on health, safety and environmental (HSE) standards, according to the National Electric Power Regulatory Authority’s (Nepra) HSE Performance Evaluation Report for fiscal year 2024-25. The report identifies persistent weaknesses among several public-sector distribution companies (DISCOs). Lahore, Quetta and Hyderabad electricity supply companies were rated in the “fair” category, reflecting deficiencies in safety governance, contractor oversight and the on-ground implementation of safety procedures. Islamabad, Peshawar and Sukkur power utilities were assessed as “good,” but showed inconsistent performance across key indicators, suggesting…

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220kV SEZ Grid Station Energised at Quaid-i-Azam Business Park, Sheikhupura

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power-transmission

LAHORE: The National Grid Company of Pakistan (NGC), formerly the National Transmission and Despatch Company (NTDC), on Tuesday energised the 220kV Quaid-i-Azam Business Park Grid Station in Sheikhupura, marking a significant milestone in strengthening the country’s power transmission infrastructure. The strategically located grid station has been developed to meet the growing electricity needs of large-scale industrial consumers operating within the Sheikhupura Special Economic Zone (SEZ). Completed at a cost of over Rs4 billion, the project was financed by the federal government under the Cash Deposit Loan (CDL) Facility and is…

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