Category: Latest News

Rooftop Solar Gains Appeal as High Power Tariffs Drive Consumers Towards Self-Generation

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Rooftop Solar Gains Appeal as High Power Tariffs Drive Consumers Towards Self-Generation **ISLAMABAD:** Rooftop solar, particularly under net-metering arrangements, is increasingly emerging as a financially attractive option for electricity consumers as high tariffs continue to put pressure on household budgets and businesses. Despite the government tightening regulations governing solar net metering because of its financial and operational impact on other consumers and the national grid, consumers who can afford the initial investment are increasingly turning to rooftop solar, net metering and off-grid solutions to reduce their dependence on conventional electricity.…

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Policy Uncertainty Could Slow Pakistan’s EV Momentum

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Policy Uncertainty Could Slow Pakistan’s EV Momentum **ISLAMABAD:** Pakistan’s drive towards cleaner and more energy-efficient transportation could lose momentum if uncertainty surrounding the country’s automotive policy persists, with industry stakeholders and policy experts urging the government to ensure continuity and predictability as the automobile market begins to recover. Experts believe the next automobile policy should be closely aligned with the **National Electric Vehicle (NEV) Policy 2025-30** to ensure consistency in incentives, investment decisions and implementation timelines. They stressed that a stable policy environment is essential not only for consumers but…

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Goods, Oil Transporters’ Strike Continues as Talks Remain Deadlocked

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Goods, Oil Transporters’ Strike Continues as Talks Remain Deadlocked **ISLAMABAD/KARACHI:** Negotiations between the government and striking goods and oil transporters remained inconclusive on Monday, with both sides maintaining their positions over fuel pricing, taxes, axle-load limits and toll charges. A fresh round of talks is scheduled for today as the government seeks to end the nationwide transporters’ strike, which has disrupted the movement of petroleum products, cargo and other goods. Oil tankers, edible oil tankers, trailers and goods transport trucks went off the roads on Friday night ahead of the…

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Pakistan Moves to Create New Gateway for Global Oil Suppliers **ISLAMABAD:** Pakistan is moving to establish a new mechanism allowing international oil suppliers to import petroleum products into the country, store them in customs-bonded facilities and sell them to local oil marketing companies and refineries or re-export them, potentially strengthening energy security and positioning Pakistan as a regional petroleum trading hub. The Petroleum Division has forwarded its **168-page Policy Guideline on Import on Foreign Suppliers’ Account through Customs Bonded Storage Facilities-2026** to the Economic Coordination Committee (ECC) for approval. The…

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Tarbela Reaches Maximum Level as Pakistan’s Water Reserves Rise to 10.428 MAF

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Tarbela Reaches Maximum Level as Pakistan’s Water Reserves Rise to 10.428 MAF **ISLAMABAD:** Pakistan’s water storage position has improved significantly as Tarbela Dam reached its maximum conservation level of 1,550 feet, with stored water rising to 5.580 million acre-feet (MAF). The development pushed the total water stored in the country’s major dams and barrages to 10.428 MAF, against an overall storage capacity of 13.149 MAF. According to the latest data, total water inflows into the country stood at 342,400 cusecs, while outflows were recorded at 287,900 cusecs. The Indus River…

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