Category: Latest News

Lt. Gen. (R) Muhammad Saeed Assumes Charge as Chairman WAPDA

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New-Wapda

ISLAMABAD: Lieutenant General (retired) Muhammad Saeed has officially taken charge as Chairman of the Water and Power Development Authority (WAPDA), bringing with him nearly four decades of distinguished military service. Following his appointment, Lt. Gen. Saeed met with Prime Minister Muhammad Shehbaz Sharif in Islamabad to discuss WAPDA’s ongoing projects and strategic development plans. With extensive leadership, operational, and institutional reform experience, Lt. Gen. Saeed has held several key positions in the Pakistan Army, including Chief of General Staff, Corps Commander V Corps (Karachi), President of the National Defence University…

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Sindh Holds 2,000+ Events for Independence Day and “Battle for Truth” Celebrations: Energy Minister Nasir Shah

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New-Project17

Karachi: Sindh Minister for Energy, Planning, and Development, Syed Nasir Hussain Shah, has announced that over 2,000 events are being held across Sindh to commemorate Independence Day and the “Battle for Truth” campaign. These activities, directed by Chairman Bilawal Bhutto Zardari and Chief Minister Sindh, are being celebrated with great zeal in all government departments and institutions. Speaking as the chief guest at a ceremony organized at the Thar Coal Energy Board (TCEB) office, Nasir Shah inaugurated the celebrations by cutting a cake. The event was attended by MPA Qasim…

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Pakistan opens doors with zero tariff on approx 4,200 US goods in landmark trade deal

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US-products

Pakistan has created a major breakthrough in global trade by announcing zero per cent tariff on the import of around 4,200 American products, under a newly concluded trade agreement with the United States. The development was confirmed by Prime Minister’s Coordinator on Commerce, Rana Ihsan Afzal Khan, during a talk show on Express News. He, however, clarified that the decision does not mean an immediate surge of US products in local markets, as Chinese goods will likely retain a competitive edge owing to their lower logistical costs. A formal statement…

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Pakistan Eyes 2,800MW Solar Boost with Saudi Partner ACWA Power

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New-Solar1

ISLAMABAD: Pakistan has included two large-scale solar power projects—totaling 2,800 megawatts—in its Indicative Generation Capacity Expansion Plan (IGCEP) 2025–35. These projects, located in Layyah, Jhang, and Muzaffargarh, are likely to be offered to Saudi Arabia’s ACWA Power under a potential Government-to-Government (G2G) agreement, according to Business Recorder. The National Grid Company of Pakistan (NGC) has informed the Private Power and Infrastructure Board (PPIB) about the inclusion of a 1,000MW and an 1,800MW project to be developed by ACWA Power. Final approval, however, depends on the National Electric Power Regulatory Authority…

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OGDCL Receives First Rs7.7bn Interest Payment Under Circular Debt Settlement Plan

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ISLAMABAD: The Oil and Gas Development Company Limited (OGDCL), Pakistan’s largest exploration and production firm, has received the first interest installment of Rs7.73 billion from Power Holding (Private) Limited (PHL) under the government’s circular debt settlement framework. The development was announced in a notice to the Pakistan Stock Exchange (PSX) on Monday, confirming that the payment is part of a broader plan approved by the Government of Pakistan to resolve the mounting circular debt in the energy sector. “As part of the circular debt settlement plan, OGDCL has received the…

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