Category: Latest News

THARPARKAR: Pakistan Peoples Party Chairman Bilawal Bhutto Zardari inaugurated the Phase-III expansion of the Thar Block-II Coal Mine and Pakistan’s first-ever coal drying unit, marking a major development in Pakistan’s domestic energy supply and the continued transformation of Tharparkar into a national energy hub. The Phase-III expansion has increased the mine’s production capacity from 7.6 million tonnes per annum (MTPA) to 11.2 MTPA, adding 3.6 million tonnes of annual coal production. Officials said the expansion was completed through 100 percent self-financing, reflecting investor confidence in Thar’s indigenous energy resources. The…

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KARACHI: Climate experts have expressed concern over the slow implementation of the Karachi Climate Action Plan (KCAP), warning that the city faces growing risks from extreme heat, urban flooding, drought, coastal hazards, air pollution and the rapid loss of green spaces. The experts were speaking at a media dialogue on the KCAP jointly organised by The Knowledge Forum (TKF), Karachi Union of Journalists (KUJ) and Local Government Reporters Association Karachi at a local hotel. Speakers also warned that Karachi could face heightened climate risks amid projections of a Super El…

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ISLAMABAD: The government has set December 2027 as the deadline for privatising nine power distribution companies (DISCOs), which together contribute heavily to the country’s fiscal burden, while the International Monetary Fund (IMF) has raised questions about a transaction structure that may not fully eliminate losses even after privatisation. The government has assured the IMF that nine DISCOs will be sold by December 2027, excluding Quetta Electric Supply Company (QESCO), which incurred losses of Rs112 billion and received Rs54 billion in subsidies during fiscal year 2025. According to the Finance Ministry’s…

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ISLAMABAD: Pakistan’s nuclear electricity production rose 3.7 per cent to a record 22.5 terawatt-hours (TWh) in 2025, while solar generation expanded at a significantly faster pace, surpassing nuclear power output for the first time. According to the World Nuclear Industry Status Report (WNISR) 2026, nuclear electricity generation increased from 21.7 TWh in 2024 to 22.5 TWh in 2025, marking a new all-time high. The report said solar power generation reached 36.3 TWh in 2025, exceeding nuclear output by a wide margin, although it noted that the solar figure was likely…

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PARIS: International Energy Agency (IEA) member countries have so far released around 325 million barrels of crude oil and petroleum products from strategic reserves, representing more than 80 percent of the 400 million barrels pledged in March, the agency said. The update came a day after G7 countries, in coordination with the IEA, agreed to release another 100 million barrels of crude oil and petroleum products over the next four months to ease growing concerns over global energy supplies following the US-Iran conflict. The G7 did not clarify whether the…

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