Category: Latest News

KARACHI: Sindh Senior Minister for Information, Transport and Mass Transit Sharjeel Inam Memon met British Deputy High Commissioner Lance Dome to discuss the province’s energy initiatives, development projects, and prospects for enhanced international cooperation. During the meeting, Memon highlighted Sindh’s ongoing efforts in renewable energy, including Thar coal-based power generation, solar and wind hybrid projects, and the province’s home solarisation programme. He said that with World Bank support, new solar and wind hybrid plants will soon be launched, further strengthening Sindh’s transition toward clean energy. The minister emphasized Sindh’s vast…

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**ISLAMABAD: ** Lawmakers and experts have urged Pakistan to accelerate its transition toward renewable energy and strengthen parliamentary and provincial oversight in national energy planning to ensure energy sovereignty, affordability, and climate resilience. Speaking at the Parliamentary Forum on Energy and Economy on the theme “Implications of IGCEP 2025: Politics of Energy Generation in Pakistan,” Senator Sherry Rehman, the chief guest, emphasized that energy access is a fundamental human right and that Pakistan must urgently shift toward clean and sustainable energy sources. “Energy represents wealth for a country—it is the…

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ISLAMABAD: The US Charge d’Affaires Natalie Baker met with Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar at the Ministry of Foreign Affairs on Thursday to discuss ways to further strengthen Pakistan–US relations, particularly in trade and investment. During the meeting, both sides reviewed the recent positive momentum in bilateral ties, with Dar highlighting the outcomes of recent high-level engagements in New York and Washington. He expressed Pakistan’s desire to deepen cooperation with the United States across multiple sectors, emphasizing partnerships in energy, technology, and economic development. Baker…

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KARACHI: In a major boost to Pakistan–Saudi economic cooperation, the Government of Sindh and a high-level Saudi business delegation on Thursday signed two landmark Memorandums of Understanding (MoUs) aimed at expanding collaboration in energy and investment. The agreements were signed during a ceremony hosted by Chief Minister Syed Murad Ali Shah at the Chief Minister’s House, attended by Prince Mansour bin Mohammed Al Saud, Chairman of the Saudi-Pak Joint Business Council, and a 30-member Saudi delegation representing leading investors and business groups. The first MoU pertains to the sale and…

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KARACHI: In a significant development for Pakistan–Saudi investment ties, the government has successfully resolved a long-standing dispute between Pakistani investor Sheharyar Chishti and Saudi shareholders in K-Electric (KE), clearing the path for a majority acquisition by a Saudi investor. According to official sources, Prince Mansour Bin Mohammed Al Saud has signed a Memorandum of Understanding (MoU) with Chishti for the acquisition of a controlling stake in KES Power Ltd, the parent company holding 66.4% ownership in K-Electric. This agreement marks the largest Saudi investment in Pakistan’s power sector to date…

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