Category: Latest News

Power Tariff Likely to Increase by 26 Paisa Per Unit Under March Fuel Adjustment

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Power-Sector

ISLAMABAD: Electricity consumers across the country may face a rise of 26 paisa per unit in power tariffs under the monthly fuel cost adjustment for March. The Central Power Purchasing Agency (CPPA) has submitted a formal request to National Electric Power Regulatory Authority (Nepra) seeking approval for the proposed increase. Nepra is scheduled to take up the petition for hearing on April 28. According to data submitted by CPPA, a total of 8.939 billion units of electricity were generated during March, of which 8.644 billion units were dispatched to distribution…

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Govt Collects Rs180bn Petroleum Levy in 6 Weeks Amid Regional Tensions

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Petrol-Diesel

ISLAMABAD: The federal government has collected over Rs180 billion from consumers through the Petroleum Development Levy (PDL) in just six weeks, reflecting a sharp surge in revenue amid heightened geopolitical tensions. According to officials in the Ministry of Finance, PDL collections rose significantly during the recent escalation involving the United States and Iran, placing an increased financial burden on petroleum consumers across the country. Cumulatively, from July of the მიმდინარე fiscal year to mid-April, the government has amassed Rs1,234 billion under the levy—around Rs400 billion higher than the same period…

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Hormuz Reopens for Trade as US Maintains Iran Blockade Amid Near Deal

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New-Hormuz

WASHINGTON: US President Donald Trump on Friday declared the Strait of Hormuz “fully open and ready for full passage,” even as Washington continues to enforce a naval blockade targeting Iran until a final agreement is reached. The announcement came shortly after Iranian Foreign Minister Abbas Araqchi confirmed that the vital waterway would remain open for all commercial vessels during the Lebanon ceasefire. However, Iranian officials clarified that military vessels are still barred, underscoring the conditional nature of the reopening. Despite signaling de-escalation in one of the world’s most critical energy…

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Court Bans Tree Cutting in Islamabad; Violations to Be Treated as Contempt

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ISLAMABAD: The Islamabad High Court has issued a strong directive against tree cutting in the federal capital, declaring that felling even a single tree within Islamabad’s limits will be treated as contempt of court. The order was issued by Justice Khadim Hussain Soomro during the hearing of a case related to large-scale tree cutting in the city. Addressing the counsel for the Capital Development Authority (CDA), the judge warned that any officer found involved in tree cutting would face contempt proceedings. Expressing serious concern over the CDA’s conduct, Justice Soomro…

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UK Acknowledges Pakistan’s Role in US-Iran Ceasefire as Energy Minister Meets British Envoy

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New-Project30

Islamabad: April 16, 2026 Federal Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari met with Mr. Sam Waldock, Development Director at the British High Commission. The meeting focused on bilateral cooperation and the geo-strategic situation in the region. The Federal Minister appreciated the United Kingdom’s recognition of Pakistan’s constructive and pivotal role in facilitating a ceasefire between the United States and Iran, as well as hosting peace negotiations. He stated that acknowledgment of Pakistan’s diplomatic efforts reflects positively on its continued engagement for regional peace and stability. Mr.…

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