Category: Latest News

LAHORE: The Punjab government is developing a comprehensive policy framework to convert municipal solid waste into energy and commercially usable products as part of its expanding Suthra Punjab programme, officials said. The proposed policy aims to promote waste-to-energy, biogas, and recycling projects through public-private partnerships, with authorities considering incentives such as long-term land leases for private investors across the province. Officials said public land may be allocated to private companies for environmentally sustainable projects designed to reduce pollution, manage growing waste volumes, and generate renewable energy while creating new revenue…

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ISLAMABAD: Pakistan’s rapidly expanding use of solar energy is increasingly undermining the economic case for coal-fired power generation, although the government continues to view coal as a central pillar of its long-term energy security strategy, according to a new report by Global Energy Monitor (GEM). The report, Boom and Bust 2026, highlights a strong bottom-up growth in solar adoption across Pakistan, estimating that nearly 25% of the country’s electricity consumption in 2025 will come from solar power—largely driven by off-grid and distributed systems. Despite this shift, the report notes that…

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ISLAMABAD: Pakistan and Germany have signed a technical cooperation agreement worth €40.5 million to implement nine development projects aimed at strengthening collaboration in climate resilience, renewable energy, and social protection sectors, according to the Economic Affairs Division (EAD). The agreement seeks to deepen bilateral development cooperation through targeted technical assistance and capacity-building initiatives across Pakistan. Under the arrangement, Germany’s implementing agency, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) will support the execution of nine new development projects focusing on sustainable development priorities. The agreement was signed by Secretary Economic Affairs Muhammad…

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PESHAWAR: Speakers at a conference on Climate Justice and Mobilising Climate Finance for Pakistan stressed the urgent need for a coordinated national and international strategy to highlight Pakistan’s vulnerability to climate change and secure greater climate financing support. The conference, jointly organised by the Pakistan Development Foundation (PDF), Shaheed Benazir Bhutto Women University Peshawar, Institute of Management Sciences Peshawar, Women University Mardan, and Oil and Gas Development Company Limited, was held at the Governor’s House with Governor Khyber Pakhtunkhwa Faisal Karim Kundi as chief guest. Panelists noted that Pakistan faces…

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HANGZHOU, China: Pakistani and Chinese companies signed agreements and memorandums of understanding (MoUs) worth more than $7 billion during the Pakistan-China B2B Investment Conference on IT & Telecom, Battery Energy Storage Systems (BESS), and Agriculture held in Hangzhou. Addressing the conference, Prime Minister Shehbaz Sharif invited Chinese companies to relocate industries to Pakistan, establish joint ventures with local firms, and benefit from the country’s investor-friendly policies, describing the proposal as a “win-win model” for both nations. The prime minister noted that rising labour costs in China and the country’s shift…

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