Category: Latest News

Gallup Survey: Energy Situation Sees Significant Improvement, Boosts Business Confidence

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New-Project26

ISLAMABAD – Pakistan’s energy sector performance has shown marked improvement, contributing to a surge in overall business confidence, according to Gallup’s latest Q2 2025 survey (April–June). The survey highlights that the energy situation is better than in previous years, with noticeably lower load shedding compared to 2023 and 2024. Business leaders have responded positively to these improvements, with 61% rating current business conditions as “Good” or “Very Good.” The availability of more reliable electricity supply is being cited as a key factor supporting production, reducing operational disruptions, and encouraging future…

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Consumers Using Under 200 Units Nearly Triple to 18.3 Million, Says Energy Minister

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Awais-Leghari

ISLAMABAD – Federal Minister for Energy Sardar Awais Leghari has revealed that the number of electricity consumers using less than 200 units per month has surged from around 6–7 million to approximately 18.3 million. Responding to questions during a National Assembly session, the minister clarified that no electricity tariff has been offered for cryptocurrency mining, while the country currently has around 7,000 megawatts of surplus power. He said there are roughly 35 million consumers connected to the national grid. Leghari informed the House that around 18.5 million consumers receive about…

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FPCCI Urges Immediate Withdrawal of Retrospective Gas Bills, Calls Move a Severe Blow to Industry

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FPCCI-Project

KARACHI – The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has strongly condemned the retrospective gas bills recently issued by Sui Northern Gas Pipelines Limited (SNGPL) to industrial and commercial consumers, terming the move a “grave injustice” to the country’s business sector. Addressing a press conference, FPCCI President Atif Ikram Sheikh, Regional Chairman and Vice President Zain Iftikhar Chaudhry, along with senior leaders, appealed to Prime Minister Mian Shehbaz Sharif, Petroleum Minister Ali Pervez Malik, and all relevant regulatory bodies to immediately withdraw the decision. The leaders decried…

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Kuwait Seals \$3.27bn Deal for Al-Zour North Power Plant Expansion

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New-Project25

KUWAIT: The Kuwait Authority for Partnership Projects (KAPP) has signed contracts with Saudi Arabia’s ACWA Power and the Gulf Investment Corporation for phases two and three of the Al-Zour North power plant, a project worth over 1 billion Kuwaiti dinars (\$3.27 billion). KAPP Director General Asmaa Al-Mousa told Reuters that the investment cost will be borne entirely by the private partners, not the government. The expansion marks one of Kuwait’s largest electricity projects, aimed at easing chronic power shortages. Once completed in three years, Al-Zour North will add 2.7 gigawatts…

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Thar Coal Projects Vital for Energy Security and Regional Growth: Nasir Shah

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Nasir-Shah

KARACHI: Sindh Minister for Energy, Planning & Development, Syed Nasir Hussain Shah, has reiterated the provincial government’s commitment to leveraging Thar’s indigenous coal reserves as a pillar of Pakistan’s economic and energy security. During a visit to Thar Blocks I and II with senior officials and elected representatives, the Minister highlighted that these large-scale coal projects are delivering affordable electricity and strengthening the national energy mix. At Thar Block II, the delegation was briefed on the Phase III expansion of the Sindh Engro Coal Mining Company (SECMC) — a flagship…

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