Category: Latest News

LAHORE: The year 2025 proved to be a milestone for Pakistan’s hydropower sector as WAPDA consistently delivered clean, green, and low-cost hydel electricity to the national grid, overcoming multiple operational and environmental challenges. According to WAPDA, its 22 hydel power stations collectively generated 33.12 billion units of electricity in 2025, contributing nearly 30 percent of the country’s total power generation. With an average tariff of just Rs 3.83 per unit, WAPDA’s hydel electricity remained the most affordable energy source, supporting economic stability and social development. Hydropower continues to be the…

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Thatta Cement Company Limited (TCCL) has announced that its Board of Directors has approved the development of an additional 7.5 MW wind power project, further strengthening the company’s commitment to sustainable energy. The decision comes following the successful commissioning of TCCL’s 4.8 MW wind power project. With the new project, the company’s total renewable energy capacity will rise to 17.3 MW, combining two wind power projects of 4.8 MW and 7.5 MW alongside an existing 5 MW solar power installation. TCCL emphasized that this expansion will not only enhance the…

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Pakistan is emerging as a potential beneficiary of the global race for critical minerals, as growing US interest in antimony brings renewed focus to the country’s largely untapped mining sector, according to a report by the Financial Times. Long perceived mainly as a supplier of raw ore to Chinese buyers, Pakistan is now drawing attention from US defence-linked companies seeking to diversify supply chains away from China. Antimony — a silvery-white metal used in missiles, batteries and flame retardants — has become increasingly strategic amid concerns over Beijing’s dominance of…

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ISLAMABAD: Pakistan will import 88 liquefied natural gas (LNG) cargoes from Qatar in 2026, of which 24 cargoes will be diverted to the international market under the Annual Delivery Plan (ADP) agreed with Doha, according to official documents. The diversions will take place under the Net Proceeds Differential (NPD) clause. However, the government has decided not to divert any LNG cargoes in January and February 2026 due to peak winter demand. In January, Pakistan will receive 11 LNG cargoes from Qatar and one cargo from Italy’s ENI, taking the total…

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ISLAMABAD: Pakistan plans to privatise 25 state-owned entities following the divestment of Pakistan International Airlines (PIA), with long-term concession agreements planned for Islamabad, Karachi and Lahore airports instead of outright sales, Adviser to the Prime Minister on Privatisation and Chairman of the Privatisation Commission Muhammad Ali said on Monday. In an interview, Mr Ali said the next phase of privatisation would include State Life Insurance Company, Zarai Taraqiati Bank Limited (ZTBL), House Building Finance Corporation (HBFC) and nine power distribution companies (Discos). Each entity will be offered through separate bidding…

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