Islamabad: Federal Power Minister Awais Ahmad Khan Leghari has revealed that the government amended the net-metering regime to encourage rooftop solar consumers to install battery storage systems and maximise the use of their own clean energy during expensive evening peak hours.Appearing on senior journalist and anchorperson Hamid Mir’s famous news talk show, the minister described battery installation as the “wisest decision” for consumers with rooftop solar systems, arguing that storing surplus solar power during the day would enable households and businesses to avoid purchasing costly electricity from the national grid…
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Pakistan, Kyrgyzstan Set $200m Bilateral Trade Target as Economic Partnership Enters New Phase
BISHKEK, September 2, 2026: Pakistan and Kyrgyzstan have agreed to increase bilateral trade from the current level of around $16 million to $200 million annually within two years, signalling a major push to transform their longstanding political friendship into a stronger economic partnership. Prime Minister Muhammad Shehbaz Sharif and Kyrgyz President Sadyr Zhaparov witnessed the signing of an agreement aimed at achieving the ambitious trade target as the Pakistani premier concluded his three-day official visit to Kyrgyzstan. Prime Minister Shehbaz said he had proposed replacing the initial Memorandum of Understanding…
Read MoreUS–Iran Conflict Exposes Pakistan’s Energy Vulnerability; $6bn Refinery Upgrade Must Be Completed Without Delay: Mian Zahid Hussain
KARACHI, September 2, 2026: President Pakistan Businessmen and Intellectuals Forum and All Karachi Industrial Alliance, Chairman National Business Group Pakistan, Chairman Policy Advisory Board FPCCI and former Provincial Minister for Information Technology Mian Zahid Hussain has welcomed the proposed $6 billion investment to upgrade Pakistan’s five oil refineries, terming it a landmark decision that could significantly strengthen the country’s energy security. He said the long-awaited refinery upgradation programme would reduce Pakistan’s dependence on imported finished petroleum products, conserve foreign exchange, improve domestic value addition and modernise the country’s refining industry…
Read MoreGlobal CIO Summit & Awards Roadshow Set to Unite 800+ Technology & Cybersecurity Leaders in Pakistan
KARACHI, Pakistan – Pakistan is set to host one of the country’s largest gatherings of technology and cybersecurity leadership on September 12, as the World CIO 200 Summit & Awards 2026 – Pakistan Edition brings together more than 800 technology executives, cybersecurity professionals and business decision makers, alongside more than 100 senior Pakistani technology leaders from overseas. The Karachi edition forms part of the World CIO 200 Roadshow 2026, a global leadership platform connecting technology and business leaders across more than 60 countries. The 2026 roadshow spans major technology markets…
Read MorePLL reissues LNG tender as Pakistan faces electricity crunch: Bloomberg
After rejecting the offer to buy expensive liquefied natural gas (LNG), the state-owned Pakistan LNG Ltd (PLL) has reissued the LNG tender on Wednesday and is now seeking a cargo before September 12. Offers are due on Friday, Bloomberg reported. As per the report, PLL earlier scrapped an emergency tender for a shipment for delivery by September 8 after receiving a sole offer from BP Plc at $27 per million British thermal units, nearly three times pre-war spot levels. Bloomberg noted that the government may need to continue blackouts in the evening if…
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