Category: Latest News

Oil steadies after Trump extends EU trade talks deadline

Admin
Oil falls

LONDON: Oil prices traded around flat on Monday after U.S. President Donald Trump extended a deadline for trade talks with the European Union, easing concerns about U.S. tariffs on the bloc that could hit fuel demand. Brent crude futures were unchanged at $64.78 a barrel by 1234 GMT while U.S. West Texas Intermediate crude slipped 4 cents to $61.49 a barrel. Both contracts had traded higher earlier in the session after Trump said he agreed to extend a deadline for trade talks with the European Union until July 9. “Trump’s…

Read More

GoodWe Unveils New GT Series String Inverter to Boost Commercial Solar in Pakistan High Performance. Rugged Reliability. Smarter Savings for C&I Growth

Admin
New-Goodwe

Lahore, Pakistan – May 2025: GoodWe, a global leader in solar energy solutions, is proud to introduce its next-generation GT Series String Inverter to the commercial and industrial (C&I) segment in Pakistan. Designed to meet the growing energy demands of local enterprises, the GT Series delivers unmatched efficiency, safety, and cost savings — offering a future-ready path to energy independence and operational resilience. Purpose-Built for Pakistan’s Energy Landscape With consistent power outages, rising electricity costs, and increasing pressure on businesses to adopt sustainable practices, the GT Series is tailored for…

Read More

India’s Hydropower Push in Ladakh Threatens Indus Waters Treaty, Pakistan Warns UN Chief

Admin
Pak-India2

ISLAMABAD: Pakistan’s eminent water expert Arshad H. Abbasi has raised alarm over India’s latest hydropower expansion in *Ladakh, warning that the projects violate the *Indus Waters Treaty (IWT) and threaten to trigger a humanitarian and ecological crisis. In a detailed letter to *United Nations Secretary-General António Guterres, Abbasi condemned India’s plans to construct new *10MW hydropower projects in the disputed region, including sites at Achinthang-Sanjak, Parfila, Sunit (Batalik), and Khalsti. Abbasi asserted that India’s actions exceed the storage and usage limits granted under the IWT and are geared towards *military…

Read More

KP Prioritizes Timely Completion of Hydropower Projects: CM Gandapur

Admin
CM-Gandapur

PESHAWAR: Chief Minister Khyber Pakhtunkhwa, *Sardar Ali Amin Gandapur, has declared the *timely and high-quality completion of hydropower projects a top priority for the provincial government to harness KP’s significant renewable energy potential. Chairing a high-level meeting of the *Energy and Power Department, the chief minister reviewed progress on various hydropower schemes under the **Annual Development Programme (ADP). He emphasized that *100% financial progress must be achieved by the end of the current fiscal year, along with meeting the scheduled physical progress targets. Officials presented detailed briefings on the status…

Read More

Indigenization of Power Sector Crucial for Export-Led Growth: Awais Leghari

Admin
Awais-Leghari

LAHORE: Federal Minister for Energy (Power Division), *Sardar Awais Ahmad Khan Leghari, has emphasized that *indigenization of Pakistan’s power sector is critical for transitioning to an export-oriented economy and reducing reliance on imports. Speaking via video link at the *National Consultative Workshop on Power Sector Indigenization Road Map, jointly organized by the *National Grid Company (NGC) and LUMS Energy Institute, Leghari reiterated the government’s commitment to structural reforms and self-reliance. He noted that significant progress is being made in the power sector, with the Independent System and Market Operator (ISMO)…

Read More