Category: Latest News

South Asia Faces $107 Billion LNG Risk Amid Middle East Conflict and Market Volatility

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China-LNG

Rising geopolitical tensions and shipping disruptions in the Middle East are exposing South Asia’s massive investments in liquefied natural gas (LNG) infrastructure to significant economic and energy security risks, according to a new report by Global Energy Monitor (GEM). The report, based on data from GEM’s Asia Gas Tracker, reveals that India, Bangladesh, and Pakistan have collectively announced or are developing LNG terminals and gas pipelines worth approximately $107 billion. The region currently accounts for 17 percent of global LNG import capacity under development, equivalent to 110.7 million tonnes per…

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Hitachi to Supply World’s First 550 kV SF₆-Free Gas-Insulated Switchgear to Chubu Electric Power Grid

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New-Project102

TOKYO: Hitachi Ltd. has announced that it has secured an order from Chubu Electric Power Grid to supply the world’s first 550 kilovolt (kV) gas-insulated switchgear (GIS) in which the entire equipment is free from sulfur hexafluoride (SF₆). The project will utilize Hitachi Energy’s advanced EconiQ® 550 kV GIS, marking a significant milestone in the global transition toward sustainable power infrastructure. Gas-insulated switchgear houses all electrical components within sealed gas-insulated compartments, reducing the physical footprint of substations while protecting equipment from storms and other environmental interference. The newly developed EconiQ…

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Dams Committee Reviews Land Acquisition, Resettlement of Diamer Basha Dam

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March 10, 2026: The Implementation Committee on Diamer Basha and Mohmand Dams (ICDBMD) met today to discuss matters of land acquisition and resettlement for Diamer Basha Dam Project. It is important to note that the ICDBMD was constituted by the Honorable Supreme Court of Pakistan in July 2018 for early commencement and timely completion of Diamer Basha and Mohmand Dams. Since then, the Committee holds its meetings with regular intervals. It was the 8th meeting, which was presided over by ICDBMD/WAPDA ChairmanLt Gen Muhammad Saeed (Retd). The meeting was attended by…

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PTML Acquires 5G Spectrum to Power Pakistan’s Next Generation Digital Economy

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5G Spectrum

Karachi, March 10, 2026: Pak Telecom Mobile Limited (PTML), operating under the brand name Ufone, alongside its digital telecom brand onic, and a wholly owned subsidiary of Pakistan Telecommunication Company Limited (PTCL), has successfully acquired 5G spectrum in the Pakistan Telecommunication Authority’s (PTA) 5G spectrum auction held in Islamabad. This milestone marks a significant step toward unlocking the next phase of Pakistan’s digital transformation by enabling faster connectivity, ultra-low latency services, and the creation of entirely new digital experiences for consumers, businesses, and industries. The spectrum acquired by PTML (Ufone) will…

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Petroleum Dealers Association Announces Nationwide Petrol Pump Shutdown

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Petrol-Diesel

The Pakistan Petroleum Dealers Association (PPDA) has announced an indefinite closure of petrol pumps starting March 27 due to unresolved disputes over dealer profit margins. Stations may begin shutting down from the night of March 26 if margins are not revised. PPDA leaders say rising operating costs, continuous fuel price hikes, and limited deliveries from Oil Marketing Companies are making businesses unsustainable. The association w@rns that further increases in petroleum prices could wor_sen supply shortages and force more pumps to close. The shutdown highlights growing ten_sion between petrol dealers, the…

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