Category: Latest News

ISLAMABAD, July 15, 2025 — Petrol and diesel prices in Pakistan are set for another hike in the upcoming fortnight due to rising global oil prices and higher import premiums, industry sources revealed. Petrol prices are expected to increase by Rs5.25 per litre, taking the ex-depot rate to around Rs272.04, while high-speed diesel (HSD) may go up by Rs6.50, reaching Rs279.48 per litre. The final rates will be officially announced following government approval. Currently, petrol is sold at Rs266.79, after an Rs8.36 hike on June 30. Diesel, which fuels transport…

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Abu Dhabi, July 2025 – The global renewable energy sector witnessed record-breaking growth in 2024, but a stark regional divide threatens to undermine the equity of the green transition, according to Renewable Energy Statistics 2025 released by the International Renewable Energy Agency (IRENA). Global renewable capacity surged by over 15%, adding 582 GW in 2024. However, Asia dominated the expansion, accounting for 71% of the total increase. Europe and North America followed with 12.3% and 7.8%, respectively, while Africa, Eurasia, Central America, and the Caribbean combined for just 2.8% of…

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Bonn, 2025 – The World Wind Energy Association (WWEA) Small Wind Section convened last week to assess the global status of small wind turbines—defined as wind systems up to 100 kW—and to chart a course forward for the sector. Despite being a technically and economically viable solution for decentralized electricity generation, small wind continues to face major hurdles worldwide. Typical users include farmers and small businesses who consume the power themselves. However, the sector is hindered by low public awareness, limited government support, and complex bureaucratic processes. In response, WWEA…

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ISLAMABAD: The federal cabinet is set to be briefed shortly on a revised national solar policy that proposes a shift from net metering to gross metering, with a significantly reduced buyback tariff for new rooftop solar users. Under the proposed policy, consumers installing rooftop solar panels after the new regulations come into effect will receive a buyback rate equal to one-third of the base electricity tariff. For FY2025-26, with NEPRA setting the base tariff at Rs34 per unit, the proposed buyback rate stands at Rs11.33 per unit. This may rise…

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PESHAWAR: The Khyber Pakhtunkhwa (KP) government has formally requested the federal government to reinstate its two hydropower projects—Madyan and Gabral-Kalam—into the Indicative Generation Capacity Expansion Plan (IGCEP) 2025-35, citing their earlier classification as “Committed Projects.” In a letter addressed to Federal Minister for Energy Sardar Awais Ahmad Leghari, KP’s Special Assistant on Energy Tariq Saddozai expressed strong reservations over the unilateral changes made by the System Operator (ISMO), which resulted in the exclusion of the province’s key public sector energy projects. The letter emphasized that under the National Energy Plan…

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