ISLAMABAD: Planning Minister Ahsan Iqbal has said Pakistan estimates its mineral wealth at more than $7 trillion, stressing that unlocking this potential would require substantial investment, political stability and long-term policy continuity. Speaking to Farwa Amin, Director for South Asian Initiatives at the Asia Society Policy Institute in New York, the minister said large-scale mining projects involved heavy upfront investment and lengthy development periods. He identified political instability as a major obstacle to attracting international resource developers. Ahsan Iqbal said that with improving macroeconomic stability, the government was actively seeking…
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Nepra Notifies New Performance Standards for Distribution Companies
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has notified comprehensive new performance standards for electricity distribution companies (Discos), introducing mandatory consumer compensation, stricter service deadlines and heavy fines for failures. The Performance Standards (Distribution) Regulations 2026, issued after nearly two years of consultation with stakeholders, replace the Discos Performance Rules 2005. The new framework aims to improve consumer protection, power supply quality, safety and accountability, particularly as the government moves ahead with the privatisation of distribution companies. Under the new regulations, Discos will face mandatory compensation to consumers, in…
Read MorePetroleum Minister Urges SSGCL Board to Strengthen Sustainability, Address Governance Challenges
KARACHI: August 27,2026 Federal Minister for Petroleum Ali Pervaiz Malik has directed the Board of Sui Southern Gas Company Limited (SSGCL) to develop a comprehensive strategy and sustainable business model with special focus on UFG control to transform SSGCL into a financially viable organization, with public service as the foremost priority. The Federal Minister chaired a meeting with the Chairman and Board of Directors, Managing Director and senior management of SSGCL in Karachi to review the company’s performance, key achievements, operational challenges and future reform priorities. The Chairman SSGCL Board…
Read MoreFrom LNG to Thar coal Rethinking Pakistan’s Energy Transition
Pakistan’s future energy system will not be judged by whether it invested more in coal or more in renewables; it will be judged by whether it successfully managed three transitions at once: reducing dependence on imported LNG, harnessing the rapid growth of distributed solar, and using domestic resources such as Thar coal without undermining long-term competitiveness. By Dr Rubina Ilyas Pakistan’s energy transition is unfolding very differently from what many anticipated. While official policy continues to emphasize renewable energy and climate commitments, the country’s latest budget reveals a quieter but…
Read MoreTurning the Tide on Power ShortagesWave Energy Can Boost Pakistan’s Power Capability
If Pakistan wants to achieve rapid socio-economic development in the 21st century, it must become self-reliant in electricity production. By Ayoub Hameed A World Bank’s Pakistan Energy Survey reports that 7.3 per cent of Sindh’s population lacks electricity, followed by 2.6 per cent in Balochistan, 1.0 per cent in Punjab, 0.4 per cent in Islamabad and 0.2 per cent in Khyber Pakhtunkhwa. It also found that only 3.0 per cent of households receive 16 hours of electricity daily, while 97 per cent fall into Tier 3 or below.Moreover, 7.3 per…
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