Category: Latest News

Byco, the retail fuel brand of Cnergyico Pk Limited, has swiftly implemented the Prime Minister’s Fuel Relief Scheme on a vast majority of its nationwide retail network — within a day of the programme’s launch, with additional outlets going live daily. The Government-funded scheme provides eligible owners of motorcycles, three-wheelers and cars of up to 800cc engine capacity with a relief of Rs100 per litre of petrol, subject to the scheme’s terms and conditions. Commuters in cities, towns and highways across Pakistan are already availing the subsidy at participating Byco…

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Islamabad: September 17, 2026 Federal Minister for Petroleum Ali Pervaiz Malik held a meeting with representatives of petroleum pump and dealers associations to brief them on the mechanism for implementation of the Prime Minister’s Fuel Relief Scheme. The representatives were given a detailed briefing on the operational mechanism of the relief scheme, including the process for providing relief to eligible consumers. Queries and concerns raised by the petroleum pump and dealers associations were addressed during the meeting. The State Bank of Pakistan briefed the participants on the reimbursement mechanism and…

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The government is developing a virtual grid system that would allow consumers to generate and store electricity as Pakistan prepares for what the energy minister described as a “battery revolution” in the power sector. Federal Minister for Energy Awais Leghari said regulations for virtual grids were under development and were expected to be finalised by the last quarter of the current fiscal year. The government has also directed power distribution companies (Discos) to install grid batteries as part of efforts to expand energy storage and improve the electricity system. “A…

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Sept 17 (Reuters) – Pakistan announced on Thursday a cut in fuel for official vehicles, bans on ​vehicle purchases by the state, foreign visits by ‌officials, and official dinners, as part of a slew of austerity measures in a bid to conserve energy as fuel prices spike ​due to the Gulf conflict. ($1 = 277.0500 Pakistani rupees)

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In Dhaka, the capital of Bangladesh, Parvin Akter times her cooking to the neighbourhood’s availability of piped gas. With gas in intermittent supply as a result of a global energy crunch, she now sometimes has ​to wait until midnight to cook her dinner. Even switching to an induction cooker has not helped, as power outages often leave food half-cooked. More than 2,000 kilometres away in Pakistan, the government has started a fuel subsidy that went into effect on Wednesday to ease the sharp rise in fuel prices. Vehicle owners have…

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