Category: Latest News

Leghari Reviews Progress on Proposed 40 MW Power Project for Gwadar

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power-transmission

ISLAMABAD: Federal Minister for Power Sardar Awais Ahmad Khan Leghari has reviewed the progress of a proposed 40 MW power generation project aimed at strengthening electricity supply for Gwadar and supporting the city’s growing energy needs. The project envisages the development of a power plant with a firm and dependable capacity of approximately 40 MW for a period of 15 years. The scope includes financing, installation, testing, commissioning, ownership, operation, and maintenance of the facility through a competitive bidding process. Key project features According to official details, bidders will have…

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NEPRA Approves Rs1.9857 Per Unit Power Tariff Relief for Consumers in June–August 2026

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nepra

ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has approved a negative Quarterly Tariff Adjustment (QTA) of *Rs1.9857 per unit, providing relief to electricity consumers of power distribution companies (DISCOs) and K-Electric in their *June, July, and August 2026 electricity bills. According to NEPRA’s detailed determination, the adjustment stems from variations in the Power Purchase Price (PPP) and related factors during the *first quarter (January–March) of calendar year 2026. The Authority has approved an overall negative adjustment of **Rs67.173 billion, which translates into a reduction of *Rs1.9857 per kilowatt-hour (kWh)…

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Airlines Face $100 Billion Jet Fuel Cost Surge After Iran Conflict Disrupts Energy Markets

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Jet-Fuel

LONDON: The global airline industry is facing an estimated $100 billion increase in jet fuel costs this year following the escalation of conflict in Iran, which has driven energy prices sharply higher, according to the International Air Transport Association (IATA). The industry body warned that rising fuel expenses are expected to significantly weaken profitability, with global airline net profits projected to fall from $43 billion in 2025 to $23 billion this year, while average profit margins are forecast to decline from 4.2% to 2%. IATA Director-General Willie Walsh, former CEO…

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India Plans New Chenab River Project Amid Rising Concerns Over Indus Waters Treaty

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New-Chanab

LAHORE: India is reportedly moving ahead with plans related to the Chenab River, raising concerns in Pakistan over potential implications for the Indus Waters Treaty (IWT) and downstream water flows. The development comes after India’s effective control over the three eastern rivers—Ravi, Beas, and Sutlej—under the 1960 Indus Waters Treaty, which allocated the western rivers—Indus, Jhelum, and Chenab—to Pakistan for unrestricted use, subject to limited exceptions. The treaty, brokered by the World Bank with financial support from several international partners including the United States, United Kingdom, Germany, Australia, Canada, and…

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Second Spot LNG Cargo Arrives at Port Qasim to Strengthen Pakistan’s Gas Supplies

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New-LNG

ISLAMABAD: Pakistan received another spot Liquefied Natural Gas (LNG) cargo on Sunday as part of efforts to ensure stable fuel supplies amid ongoing volatility in global energy markets. The LNG carrier BW Helios berthed at the PGPL Terminal at Port Qasim at 8:10am, delivering around 140,000 cubic metres of LNG procured by Pakistan LNG Limited (PLL) through a competitive international bidding process. According to officials, the cargo was supplied by BP Singapore and awarded following bids opened on June 4, with the winning offer priced at $19.1337 per million British…

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