Category: Latest News

Power Division Lauds Nepra’s K-Electric Tariff Review as a Landmark Regulatory Correction

Admin
Nepra-KE-1

ISLAMABAD: The Power Division has hailed the National Electric Power Regulatory Authority’s (Nepra) decision to review K-Electric’s multi-year tariff as a landmark move promoting fairness, transparency, and regulatory consistency for the people of Karachi. In an official statement issued Wednesday, a Power Division spokesperson said the ministry was “proud of filing an in-time, merit-based review,” describing Nepra’s revised determination as a vital step toward aligning K-Electric’s tariff framework with national regulatory standards applied to other power utilities. Nepra’s review removed several tariff components deemed inconsistent with national norms — including…

Read More

Global Coal Consumption Hits Record High in 2024 Despite Rapid Growth in Renewables

Admin
Wind-solar

October 23, 2025:Global coal consumption surged to an all-time high in 2024, even as renewable energy sources such as solar and wind expanded at record rates, according to the latest State of Climate Action assessment. The report revealed that although renewables captured a growing share of electricity generation, rising global energy demand ultimately drove higher coal usage — pushing nations further off track from their Paris Agreement climate goals. It warned that greenhouse gas emissions continue to rise despite unprecedented clean energy deployment, highlighting a widening gap between climate commitments…

Read More

Qatar, Pakistan to Discuss LNG Supply Reductions as Domestic Energy Demand Falls

Admin
LNG

Doha/Islamabad, October 23, 2025:Officials from QatarEnergy are set to meet with representatives of Pakistan State Oil (PSO) next week to discuss Islamabad’s request to reduce liquefied natural gas (LNG) shipments for 2025, amid a marked decline in Pakistan’s domestic energy demand, Bloomberg reported on Wednesday. The meetings, scheduled for Monday and Tuesday, will focus on Pakistan’s proposal to postpone or resell around two dozen LNG cargoes in the international market. Although the discussions form part of regular annual supply reviews, industry observers say they have attracted significant attention due to…

Read More

NA Committee Directs Climate Ministry to Act on Worsening Air Quality and Stronger Climate Response in Gilgit-Baltistan

Admin
New-Project71

ISLAMABAD / GILGIT, October 23, 2025:Pakistan’s inadequate environmental oversight came under sharp scrutiny on Wednesday as the National Assembly Standing Committee on Climate Change and Environmental Coordination expressed alarm over the country’s outdated emission standards, which remain fixed at Euro-II levels — a benchmark abandoned by most nations over a decade ago. During the meeting, the committee received a joint briefing from the Ministry of Climate Change and the Islamabad Capital Territory administration, which revealed that Pakistan’s vehicle emission limits and National Environmental Quality Standards (NEQS) continue to align with…

Read More

K-Electric CEO Moonis Alvi Sounds Alarm Over Power Sector Crisis

Admin
Moonis-Alvi

Karachi, October 2025: K-Electric (KE) CEO Moonis Alvi has issued a stark warning over what he describes as an unfolding crisis in Pakistan’s power sector, following NEPRA’s recent decision to drastically revise the utility’s determined tariff. In a detailed statement, Alvi said that after 2.5 years of exhaustive engagement with NEPRA — involving evidence, third-party validations, and multiple rounds of scrutiny — KE’s Multi-Year Tariff (MYT) was finalized and accepted in good faith, despite several downward revisions. The approved tariff allowed KE to post a modest profit of Rs. 4…

Read More