Category: Latest News

Pakistan pitches Sindh’s mega projects to Indonesian investors

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Indonesian investors

July 14, 2026 (MLN): Pakistan on Tuesday showcased Sindh’s expanding investment landscape to Indonesian businesses, highlighting major upcoming projects including the development of Keti Bandar Port, the establishment of a Sindh International Facilitation Centre in Karachi, and AI-enabled data centres powered by affordable energy. Speaking after the Indonesian–Pakistan Investment & Business Forum, Sindh Chief Minister Syed Murad Ali Shah said Sindh offered vast investment opportunities in infrastructure, logistics, renewable energy, information technology, manufacturing and agribusiness. He expressed confidence that the forum would pave the way for stronger economic cooperation and tangible…

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Pakistan’s LPG industry has issued a three-day ultimatum to the government, warning of a nationwide strike next week if concerns over pricing, security, and regulatory policies remain unresolved.

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LPG prices down

At a conference in Lahore attended by over 1,000 industry stakeholders, participants accused regulators of contributing to the LPG supply and pricing crisis. Industry representatives called for revised pricing mechanisms, improved security for transporters, action against substandard cylinders, and an end to what they described as unnecessary regulatory hurdles. Stakeholders also raised concerns over rising security risks in Balochistan and approved a joint Charter of Demands, warning that failure to address their issues could disrupt LPG supplies across the country.

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BESS key to Pakistan’s energy transition, grid stability: Leghari

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ISLAMABAD:Federal Minister for Energy (Power Division) Sardar Awais Ahmed Khan Leghari on Saturday said BESS would play a pivotal role in Pakistan’s energy transition by enhancing grid stability, supporting greater integration of renewable energy and paving the way for widespread adoption of electric vehicles (EVs). Addressing the Battery Energy Storage Systems (BESS) Conference organized by Pakistan Solar Association in Lahore, the minister said battery storage had become an essential component of modern power systems as Pakistan’s electricity sector undergoes a fundamental transformation driven by the rapid expansion of distributed solar…

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Nepra Raises Average Hydropower Generation Tariff by 55% to Rs4.81/kWh

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ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has approved a 55 per cent increase in the average hydropower generation tariff, raising it from Rs3.11 per unit to Rs4.81 per unit for FY2025-26. In its determination, Nepra clarified that the tariff increase has been widely misunderstood. The regulator noted that the Rs11.56/kWh figure cited by some stakeholders does not represent WAPDA’s recurring tariff. Instead, it includes one-off revenue gap adjustments and hydel levies accumulated over previous years. According to Nepra, of the Rs10.76/kWh average tariff used for comparison, Rs4.24/kWh relates…

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Govt Increases Petrol Price by Rs13.18/Litre, Diesel by Rs13.80

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ISLAMABAD: The federal government has increased the prices of petroleum products, raising petrol by Rs13.18 per litre and high-speed diesel (HSD) by Rs13.80 per litre, effective July 12. According to a notification issued by the Petroleum Division, the new price of petrol has been set at Rs310.71 per litre, while HSD will now cost Rs323.30 per litre. Petrol is primarily used by private vehicles, motorcycles and rickshaws, making the increase particularly significant for middle- and lower-income households. Diesel, widely consumed by heavy transport, agriculture, power generation and industrial sectors, is…

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