Category: Latest News

Islamabad, July 24, 2026:Federal Minister for Petroleum Ali Pervaiz Malik held separate meetings with representatives of leading international energy companies to discuss investment opportunities in Pakistan’s energy and critical minerals sectors. In the first meeting, the Minister met with Mr. Gregory Bloom, President of Morgan Hughes Energy, a U.S.-based energy company, and Mr. Ahmad Waleed, CEO of Tejara Capital. The discussions focused on expanding U.S. investment in Pakistan’s energy and critical minerals sectors. Mr. Bloom highlighted the potential of Balochistan for critical minerals development and said that Morgan Hughes Energy…

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KARACHI: JCM Power has announced that its 240 MW Dhabeji Hybrid Renewable Energy Project has secured major regulatory approvals, including the issuance of its generation licence and tariff approval, paving the way for Pakistan’s first utility-scale hybrid wind and solar power project. The company said the project marks a significant milestone in Pakistan’s clean energy transition and is now one step closer to implementation. The Dhabeji Hybrid Project is the country’s first competitively bid renewable energy project and has established a new benchmark by achieving the lowest renewable energy tariff…

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ISLAMABAD: Pakistan’s power distribution companies (Discos) have refunded more than Rs47.81 billion to over 278,000 electricity consumers following the detection of widespread overbilling, the Public Accounts Committee (PAC) was informed on Thursday. During a meeting chaired by Ms Shahida Akhtar Ali at Parliament House, the committee reviewed the Power Division’s Audit Report for 2024–25, which highlighted serious irregularities in electricity billing practices across several distribution companies. Officials from the Auditor General of Pakistan told the committee that overbilling cases involved incorrect meter readings, inflated detection charges, and subsequent credit adjustments…

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ISLAMABAD: Pakistan’s major water reservoirs are currently 58% full as authorities prepare for intensified monsoon rains expected through July 25, while concerns have also grown over the suspension of flood data sharing by India under the Indus Waters Treaty. The Federal Flood Commission (FFC) informed the Senate Standing Committee on Water Resources, chaired by Senator Jam Saifullah Khan, that Tarbela Dam is 69% full and Mangla Dam stands at 45% capacity. Officials said the country’s overall water storage situation remains manageable despite increasing rainfall across several regions. According to the…

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ISLAMABAD: The position of Chairman of the Oil and Gas Regulatory Authority (Ogra) has remained vacant for several months, with Petroleum Minister Ali Pervaiz Malik stating that the government is seeking an internationally recognised professional rather than a career bureaucrat to head Pakistan’s oil and gas regulator. Speaking to a private television channel, Malik said a search committee constituted by Prime Minister Shehbaz Sharif and chaired by him interviewed 10 shortlisted candidates for the post. However, the committee concluded that none met the requirements for leading the regulatory authority. “The…

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