Category: Latest News

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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Islamabad, April 16, 2026: Federal Minister for Petroleum Ali Pervaiz Malik jointly launched, along with British High Commissioner to Pakistan H.E. Jane Marriott, a capacity-building initiative aimed at strengthening Pakistan’s geoscientific capabilities and supporting the development of the country’s mineral sector. The programme was formally inaugurated at the Geological Survey of Pakistan (GSP), marking a significant step in Pakistan-UK collaboration The initiative is being delivered through the UK-funded REMIT programme in partnership with International Geoscience Services (IGS), a UK-based geoscience consultancy with extensive experience in supporting geological survey organisations worldwide.…

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KARACHI: K-Electric (KE) has formally appointed Shaheryar Chishty as the Chairperson of its Board of Directors, according to a filing submitted to the Pakistan Stock Exchange (PSX) on Wednesday. The appointment follows the election of directors at KE’s Extraordinary General Meeting held on April 2, with the board confirming Chishty’s elevation during a meeting on April 15. He had been serving in an interim capacity since March, assuming chairman responsibilities in the absence of Mark Skelton. Chishty is the founder of AsiaPak Investments, an infrastructure-focused investment firm established in 2011,…

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KARACHI: Pakistan is experiencing a renewed surge in power outages, with analysts warning that the situation may worsen in the coming weeks amid fuel supply disruptions and declining hydropower generation. According to the Power Division, national electricity demand stands at approximately 18,000MW, while the system is facing a shortfall of around 4,500MW. Energy experts attribute the widening gap primarily to disruptions in liquefied natural gas (LNG) supplies following the closure of the Strait of Hormuz, a key global energy transit route. The suspension of LNG shipments from Qatar has significantly…

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ISLAMABAD: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company Limited (SSGCL) have sought significant increases in prescribed gas prices to meet their revenue requirements for the fiscal year 2026–27. SNGPL has proposed a 21% increase, requesting a hike of Rs310 per unit to raise the prescribed price from Rs1,853 to Rs2,162. The company cited a revenue shortfall of Rs585 billion, including Rs576 billion carried forward from previous years. Meanwhile, SSGCL has sought a much steeper increase of 121%, proposing to raise its prescribed price from Rs1,777 to…

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