Category: Latest News

ISLAMABAD, July 24, 2025: The National Assembly’s Standing Committee on Economic Affairs Division (EAD), chaired by MNA Muhammad Atif, raised serious concerns on Wednesday over the government’s plan to privatise profitable power distribution companies (Discos), including Islamabad Electric Supply Company (Iesco), Gujranwala Electric Power Company (Gepco), and Faisalabad Electric Supply Company (Fesco). Lawmakers questioned the rationale behind targeting well-performing Discos with minimal transmission and distribution losses for privatisation. They also expressed alarm over the country’s power surplus—estimated at 7,000–8,000 MW—causing financial strain on the national budget due to capacity payments…

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Karachi, July 24, 2025: Federal Minister for Water Resources, Mian Muhammad Mueen Wattoo, visited the Greater Karachi Bulk Water Supply Scheme (K-IV Project) to assess the progress of ongoing development work. He was accompanied by Parliamentary Secretary Ms. Rana Ansar, Sindh Energy and Planning Minister Syed Nasir Hussain Shah, Nehal Hashmi, and WAPDA Chairman Naveed Asghar Chaudhry. Member Water Syed Ali Akhtar Shah, GM/PD K-IV Amir Mughal, along with representatives of consultants and contractors, were also present. The Minister inspected key work sites including the intake structure and pumping stations…

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ISLAMABAD, 23 July 2025 — Energy experts, academics, and industry leaders have called for the urgent formulation of a comprehensive policy framework to establish a robust solar manufacturing ecosystem in Pakistan, citing soaring energy demands and heavy dependence on imports. The call was made during a high-level consultative session organized by the US-Pakistan Centre for Advanced Studies in Energy (USPCAS-E) at NUST. The event featured the launch of a new study titled “Crafting a Sustainable Business Model to Drive Indigenous Solar PV Panels Manufacturing in Pakistan,” presented by Dr. Nadia…

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ISLAMABAD, 23 July 2025 — Pakistan’s energy sector is facing a major financing roadblock as Chinese institutions express growing reluctance to fund new energy ventures, citing economic instability, security concerns, and previous repayment issues. According to sources, several Pakistani energy companies have approached China for loans to upgrade infrastructure and expand capacity. However, Sinosure—the China Export & Credit Insurance Corporation—has been hesitant to provide the essential risk insurance required for Chinese banks to release funds. Sinosure’s reservations stem from three critical issues raised during recent talks with Pakistani delegations in…

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ISLAMABAD, 23 July 2025 — The Petroleum Division is grappling with a mounting crisis as power plants significantly reduce their off-take of Regasified Liquefied Natural Gas (RLNG), pushing the Sui Northern Gas Pipelines Limited (SNGPL) system to dangerously high pressure levels. According to Deputy Director (Tech Gas) Salahuddin Khan, the power sector’s RLNG consumption has fallen far below its committed demand of 600 MMCFD for July 2025. On July 16, the actual consumption stood at just 327 MMCFD, with a monthly average of 501 MMCFD. The situation worsened on July…

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