Author: Admin

DISCO Losses, KE Receivables Add Rs520bn to Circular Debt

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nepra

# DISCO Losses, KE Receivables Add Rs520bn to Circular Debt **ISLAMABAD:** Losses and inefficiencies of former Wapda power distribution companies (DISCOs), lower recoveries and outstanding receivables from K-Electric contributed around **Rs520 billion** to the flow of power sector circular debt during fiscal year 2025-26, official sources said. According to official data, DISCO losses declined marginally by Rs3 billion to **Rs262 billion** in FY2025-26, compared with Rs265 billion in the previous fiscal year. Meanwhile, K-Electric’s outstanding receivables increased by **Rs194 billion**, reaching Rs421 billion. DISCO under-recoveries, however, showed significant improvement, falling…

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FPCCI Calls for Stronger Pakistan–ASEAN Trade and Investment Partnership Atif Ikram Sheikh, President FPCCI

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New-FPCCI

FPCCI Calls for Stronger Pakistan–ASEAN Trade and Investment Partnership Atif Ikram Sheikh, President FPCCI Karachi: Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), has stressed upon a more proactive and commercially focused engagement with ASEAN – emphasizing greater trade, investment, joint ventures, technology cooperation and business-to-business linkages between Pakistan and ASEAN countries. Atif Ikram Sheikh, addressing the Commemoration of ASEAN Day 2026, organized by FPCCI at Federation House, Karachi, under the theme “Strengthening Pakistan–ASEAN Trade, Investment and Economic Partnership” said that ASEAN’s growing…

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PPL unlocks a New Hydrocarbon Play at the edge of land and sea

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New-Project9

PPL unlocks a New Hydrocarbon Play at the edge of land and sea   KARACHI, August 17, 2026: Pakistan Petroleum Limited (PPL) is proud to make a pioneering gas and condensate discovery from its operated exploratory well Dolphin X-1 at Sirani Block in District Sujawal, Sindh. This is the first-ever hydrocarbon discovery from Jurassic age Chiltan Formation in Lower Indus Basin, opening up a new hydrocarbon play. This milestone reflects the far-reaching vision of Honourable Prime Minister of Pakistan Mian Muhammad Shehbaz Sharif implemented under the able leadership of Federal…

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UK University to Lead Pakistan’s First Full-Scale Agricultural Waste-to-Energy Project

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New-Project8

# UK University to Lead Pakistan’s First Full-Scale Agricultural Waste-to-Energy Project **LONDON:** A UK university has secured nearly **£1.25 million in funding** to develop Pakistan’s first full-scale facility converting agricultural waste into clean energy, potentially providing an alternative fuel source for industries while creating new income opportunities for rural women. **Northumbria University’s School of Engineering, Physics and Mathematics** is leading the project, known as **Safer Plus**, which will convert agricultural residues such as cotton stalks and sugarcane waste into biofuel. Millions of tonnes of crop residue are burned in Punjab…

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Karachi’s Sewage Treatment Projects Remain Stalled as Untreated Waste Flows into Sea

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New-Project7

# Karachi’s Sewage Treatment Projects Remain Stalled as Untreated Waste Flows into Sea **KARACHI:** Karachi’s sewage treatment crisis has persisted for nearly two decades, with funding disputes, bureaucratic hurdles and repeated changes in project plans leaving the vast majority of domestic sewage and industrial effluent untreated before it reaches the sea. According to a study by the **Karachi Water and Sewerage Corporation (KWSC)**, the city generates around **460 million gallons of sewage per day**, of which only approximately **35 million gallons per day (MGD)** is currently treated. The remaining **425…

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