Author: Admin

NEPRA Issues Long-Pending Tariff Notifications for K-Electric Under MYT Regime

Admin
Nepra-Price

ISLAMABAD, July 19: The National Electric Power Regulatory Authority (NEPRA) has issued long-pending notifications for K-Electric’s (KE) supply, distribution, and transmission tariffs for the 2023–24 to 2029–30 period under the Multi-Year Tariff (MYT) framework. The regulator clarified that the federal government’s pending review motion does not legally bar NEPRA from issuing these notifications. Amendments made to the NEPRA Act in 2021—amid delays and pressure from the IMF and World Bank—empowered NEPRA to notify tariffs directly if the government fails to act within the given timeframe. NEPRA stated that any future…

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PM Shehbaz Unveils Inclusive Strategy to Boost Electric Vehicle Adoption Across Pakistan

Admin
electrical-vehicles

ISLAMABAD, July 19: Prime Minister Shehbaz Sharif has directed the formulation of a comprehensive, government-led strategy to make electric vehicles (EVs) more accessible to the general public, aiming to reduce fuel import bills, protect the environment, and stimulate the local industry. Chairing a high-level meeting in Islamabad, PM Shehbaz highlighted the long-term benefits of transitioning to EVs and announced targeted initiatives to promote electric mobility nationwide. Among the key measures is the distribution of free electric bikes to top-performing intermediate students across all educational boards, including a 25% reserved quota…

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Diesel Imports Surge Despite Sufficient Local Refinery Capacity

Admin
petrol-price

KARACHI: Pakistan imported 2.03 million metric tonnes (MT) of high-speed diesel (HSD) during the fiscal year ending June 30, 2025—200,000 MT more than the previous year—despite ample domestic refining capacity, prompting concerns of over-importation. Industry stakeholders have flagged the increase as unnecessary, noting that local refineries can meet 60–65% of the country’s diesel needs. According to sector data, the highest monthly import—306,000 MT—occurred in December, even though local production and PSO’s long-term import agreements were sufficient to meet demand. Sources alleged that a specific oil marketing company (OMC) was allowed…

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Marine Pollution Poses Grave Threat to Pakistan’s Blue Economy, Warns Maritime Minister

Admin
marine-pollution

ISLAMABAD: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has sounded the alarm over the escalating marine pollution crisis, warning that it endangers Pakistan’s blue economy by threatening biodiversity, fisheries, tourism, and public health. Chairing a long-overdue meeting of the Marine Pollution Control Board, the minister expressed concern over a 15-year lapse in board sessions and directed regular meetings going forward. He also announced the formation of two committees to submit reports within 20 days on the Sewage Treatment Plant-III (STP-III) and Combined Effluent Treatment Plant (CETP) projects, both…

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Reko Diq Pays Over \$28 Million to Balochistan in Taxes, Royalties, and Community Investment

Admin
Reko-Diq

QUETTA: Reko Diq Mining Corporation (RDMC) has contributed over \$28 million to the Balochistan government in the form of taxes, royalties, and community development initiatives, company officials revealed during a media briefing on the project’s progress. According to RDMC Communications Manager Samia Ali Shah, the payments—tallied up to June 2025—include \$17.5 million in royalties, approximately \$3.8 million in taxes collected on behalf of employees and third parties, and \$7.2 million in community investment. Ms. Shah noted that the Balochistan government holds a 25% stake in the project without any financial…

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