Category: Latest News

Pothole-Ridden Roads Slow EV Bike Adoption in Karachi Despite Rising Demand

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EV-Bike

KARACHI: Demand for electric motorcycles is steadily increasing in Karachi as commuters seek relief from rising fuel prices and lower maintenance costs. However, the city’s deteriorating road infrastructure continues to hinder wider adoption, according to industry stakeholders. The number of electric motorcycle dealerships has expanded significantly across Karachi, particularly on Akbar Road, the city’s largest motorcycle market. Despite the growing interest, dealers say supply remains limited as manufacturers continue to prioritise deliveries to Punjab, where demand is considerably higher and road conditions are more favourable. Auto and motorcycle analyst and…

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Mari Energies Faces $19.1 Million ICC Arbitration Claim Over Gas Supply Dispute

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New-Mari1

ISLAMABAD: Petrosin CNG (Pvt) Ltd has initiated arbitration proceedings against Mari Energies Ltd before the International Chamber of Commerce (ICC) in London, seeking damages of $19.1 million (approximately Rs5.36 billion), along with arbitration costs, over the alleged unlawful termination of a gas supply agreement. According to court documents, Petrosin claims that Mari Energies wrongfully terminated the Gas Sales and Purchase Agreement (GSPA) for gas supplied from the Halini Production Field, resulting in significant commercial losses. The company argues that the agreement was a binding commercial contract governed by Pakistani law…

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2nd Sindh Energy Diversity Conference-2026

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New-Project234

Governor calls for clean energy revolution as Sindh emerges as Pakistan’s energy powerhouse Karachi Sindh Governor Syed Muhammad Nehal Hashmi has said that Sindh possesses enormous energy potential and that the effective utilisation of its diversified conventional and renewable resources is imperative for ensuring Pakistan’s long-term energy security, economic prosperity and sustainable development. He stressed that renewable energy, particularly solar and wind power, offers a lasting solution to the country’s energy challenges and urged Pakistan to indigenously manufacture clean energy equipment, including solar panels, wind turbines and battery storage systems,…

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Pakistan pitches Sindh’s mega projects to Indonesian investors

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Indonesian investors

July 14, 2026 (MLN): Pakistan on Tuesday showcased Sindh’s expanding investment landscape to Indonesian businesses, highlighting major upcoming projects including the development of Keti Bandar Port, the establishment of a Sindh International Facilitation Centre in Karachi, and AI-enabled data centres powered by affordable energy. Speaking after the Indonesian–Pakistan Investment & Business Forum, Sindh Chief Minister Syed Murad Ali Shah said Sindh offered vast investment opportunities in infrastructure, logistics, renewable energy, information technology, manufacturing and agribusiness. He expressed confidence that the forum would pave the way for stronger economic cooperation and tangible…

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Pakistan’s LPG industry has issued a three-day ultimatum to the government, warning of a nationwide strike next week if concerns over pricing, security, and regulatory policies remain unresolved.

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LPG prices down

At a conference in Lahore attended by over 1,000 industry stakeholders, participants accused regulators of contributing to the LPG supply and pricing crisis. Industry representatives called for revised pricing mechanisms, improved security for transporters, action against substandard cylinders, and an end to what they described as unnecessary regulatory hurdles. Stakeholders also raised concerns over rising security risks in Balochistan and approved a joint Charter of Demands, warning that failure to address their issues could disrupt LPG supplies across the country.

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