Category: Popular News

Pakistani Delegation in Washington to Finalize Key Trade Deal with U.S.

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WASHINGTON, July 1, 2025: A high-level Pakistani delegation has arrived in Washington to finalize a crucial trade agreement aimed at resetting economic ties with the United States and reducing tariffs on Pakistani exports. Led by Commerce Secretary Jawad Paal, the delegation is set to meet with U.S. Trade Representative Jamieson Greer and senior officials from the Departments of Commerce and State. The talks, ongoing for over a month, are expected to conclude this week, according to Pakistan’s Finance Ministry. The visit follows a key meeting between Finance Minister Muhammad Aurangzeb…

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Public Accounts Committee (PAC) directs K-Electric to pay Rs 700 million monthly duty collected from consumers to Sindh government

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The Public accounts Committee meeting, chaired by its chairman Nisar khoro & Secretary Energy Mushtaq Soomro MD water board Asad ullah khan commitee member and GM KE Saadia Dada were attendedthismeeting, PAC discussed K-Electric’s payment of Rs 32 billion to the Sindh government, pending since long. K-Electric has agreed to pay the Sindh government Rs 500-700 million monthly duty collected from consumers starting September 2024. The payment is contingent upon the settlement of K-Electric’s outstanding receivables of Rs 30.9 billion from Karachi Water and Sewerage Corporation and other Sindh government…

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PM Shehbaz Vows Unwavering Support for Solar Energy, Launches ‘Power Smart’ App to Empower Consumers

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ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday reaffirmed his government’s commitment to promoting solar energy in Pakistan, pledging not to hinder the country’s rapid solarisation drive. Speaking at the launch of the ‘Power Smart’ mobile application in Islamabad, he described solar power as the most affordable and sustainable solution for Pakistan’s energy needs. “The government will never discourage the solarisation boom—it’s the cheapest way to generate electricity,” the premier said, adding that Pakistan is among the few countries witnessing swift adoption of solar energy. Addressing the challenges arising from declining…

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Sindh Energy Minister Nasir Shah holds high-level review meeting with Local Government Minister Saeed Ghani on making Sewage Treatment Plant-I fully operational

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The sewage treatment plant is a pressing need to meet industrial water demands and protect marine life, Nasir Shah, Saeed Ghani Karachi (): Sindh Minister for Energy, Development, and Planning Syed Nasir Hussain Shah, along with Minister for Local Government Saeed Ghani, held a high-level meeting in the P\&D Department’s committee room to review the pace of work to fully operationalize Sewage Treatment Plant-I (TP-I) under the S-III project. In addition to the provincial ministers, Karachi Mayor Murtaza Wahab, Chairman P\&D Najam Shah, DG PPP Unit Asad Zaman, CEO Water…

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Govt Rejects Banks’ Demand for Higher EV Financing Rates

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ISLAMABAD: The government has rejected a proposal by commercial banks seeking an additional 5% interest on financing for electric two and three-wheelers, maintaining the current 11% rate. Banks argued the increase was necessary to cover insurance and operational costs. In response, the Steering Committee on the Electric Vehicle (EV) Policy, chaired by Special Assistant to the Prime Minister (SAPM) on Industries and Production Haroon Akhtar Khan, announced plans to engage banks in discussions to ensure fair financing terms. The federal government has earmarked Rs9 billion in subsidies in the current…

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