Category: Latest News

Bunny’s Limited Shifts to Renewable Energy, Targets 1MW Solar Capacity to Slash CostsCompany also adopts biogas to reduce fuel expenses by 30%

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Renewable-energy

ISLAMABAD, July 24, 2025: Bunny’s Limited, a leading Pakistani bakery goods manufacturer, has announced a phased transition to renewable energy, with plans to scale up its solar power generation capacity to 1 megawatt (MW). The initiative aims to significantly cut electricity costs and enhance profitability. In a filing to the Pakistan Stock Exchange (PSX) on Thursday, the company revealed it has already completed the first phase by installing a 200KVA solar panel system, expected to reduce electricity bills by 15%. Phase two will see solar capacity expanded to 1MW, which…

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NA Committee Voices Concern Over Privatisation of Profit-Making DiscosSurplus power generation, fossil fuel reliance, and regional funding disparities also flagged

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Power-Tariff

ISLAMABAD, July 24, 2025: The National Assembly’s Standing Committee on Economic Affairs Division (EAD), chaired by MNA Muhammad Atif, raised serious concerns on Wednesday over the government’s plan to privatise profitable power distribution companies (Discos), including Islamabad Electric Supply Company (Iesco), Gujranwala Electric Power Company (Gepco), and Faisalabad Electric Supply Company (Fesco). Lawmakers questioned the rationale behind targeting well-performing Discos with minimal transmission and distribution losses for privatisation. They also expressed alarm over the country’s power surplus—estimated at 7,000–8,000 MW—causing financial strain on the national budget due to capacity payments…

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Federal Minister Visits K-IV Project, Reaffirms Commitment to Timely CompletionRs. 86.4 billion spent so far; Phase-I to deliver 260 MGD water by 2026

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Keenjhar-Lake

Karachi, July 24, 2025: Federal Minister for Water Resources, Mian Muhammad Mueen Wattoo, visited the Greater Karachi Bulk Water Supply Scheme (K-IV Project) to assess the progress of ongoing development work. He was accompanied by Parliamentary Secretary Ms. Rana Ansar, Sindh Energy and Planning Minister Syed Nasir Hussain Shah, Nehal Hashmi, and WAPDA Chairman Naveed Asghar Chaudhry. Member Water Syed Ali Akhtar Shah, GM/PD K-IV Amir Mughal, along with representatives of consultants and contractors, were also present. The Minister inspected key work sites including the intake structure and pumping stations…

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Experts Urge Immediate Policy Action to Build Solar Manufacturing Base in Pakistan

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New-Solar

ISLAMABAD, 23 July 2025 — Energy experts, academics, and industry leaders have called for the urgent formulation of a comprehensive policy framework to establish a robust solar manufacturing ecosystem in Pakistan, citing soaring energy demands and heavy dependence on imports. The call was made during a high-level consultative session organized by the US-Pakistan Centre for Advanced Studies in Energy (USPCAS-E) at NUST. The event featured the launch of a new study titled “Crafting a Sustainable Business Model to Drive Indigenous Solar PV Panels Manufacturing in Pakistan,” presented by Dr. Nadia…

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Chinese Reluctance Stalls Financing for Pakistan’s Energy Projects Amid Economic, Security Concerns

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China-says

ISLAMABAD, 23 July 2025 — Pakistan’s energy sector is facing a major financing roadblock as Chinese institutions express growing reluctance to fund new energy ventures, citing economic instability, security concerns, and previous repayment issues. According to sources, several Pakistani energy companies have approached China for loans to upgrade infrastructure and expand capacity. However, Sinosure—the China Export & Credit Insurance Corporation—has been hesitant to provide the essential risk insurance required for Chinese banks to release funds. Sinosure’s reservations stem from three critical issues raised during recent talks with Pakistani delegations in…

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