Category: Popular News

Budget 2025-26: Power and Defence Divisions Lead in Government Overspending

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Budget-2025-26

ISLAMABAD – 17 June 2025: In the outgoing fiscal year, at least 39 government departments overspent their allocated budgets, with the Power and Defence Divisions topping the list, according to the federal government’s budget documents for 2025-26. The Power Division exceeded its allocation by a staggering Rs129.5 billion, mainly due to unbudgeted spending of Rs159 billion on investments. Its operational costs more than doubled, rising from Rs215 million to Rs466 million. The Defence Ministry overspent by over Rs61 billion, including nearly Rs59.5 billion by the Defence Services Division and Rs1.8…

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Solis Concludes SNEC 2025 with a Powerful Statement: Smart Energy Meets Sustainability

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New-Solis

Shanghai, China – 17 June 2025: As the SNEC International Solar & Smart Energy Exhibition 2025 came to a close, Solis reinforced its vision for the future: integrating cutting-edge technology with a steadfast commitment to sustainability. The event was especially significant as the company marked its 20th anniversary, unveiling its latest innovations and outlining its strategy for a smarter, greener world. Highlight of the Exhibition: 125kW 4-in-1 Hybrid InverterThe spotlight shone on the newly launched S6-EH3P(75–125)K10-NV-YD-H hybrid inverter, tailored for commercial and industrial applications. This powerful 4-in-1 system integrates PV,…

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Sahiwal Coal Power Plant Launches Comprehensive Electrical Safety Awareness Campaign Under NEPRA Guidelines

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Sahiwal-Power

LAHORE: The 1,320 MW Sahiwal Coal Power Plant has proactively implemented NEPRA’s 2025 Safety Awareness Campaign, taking swift and effective measures to promote electrical safety among its workforce and surrounding communities. In response to NEPRA’s directive outlining five key focus areas, the plant has launched a comprehensive initiative aimed at reducing electrical accidents and enhancing public knowledge of safety practices. The campaign included interactive street awareness drives targeting pedestrians and local shopkeepers, emphasizing practical steps to prevent electrical hazards. A special focus was also placed on private electricians, who often…

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Aurangzeb to Lead High-Level Committee on Oil Price Volatility Amid Middle East Conflict

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Oil prices

ISLAMABAD: In response to soaring global oil prices following the Iran-Israel conflict, Prime Minister Shehbaz Sharif has formed a high-level committee led by Finance Minister Senator Muhammad Aurangzeb to monitor economic implications and formulate a mitigation strategy for Pakistan. According to an official communication dated June 13, 2025, the Prime Minister’s Office directed the Petroleum Division to initiate coordinated efforts due to the sharp spike in international oil prices post-Israel’s attack on Iran. The committee comprises key stakeholders including the Ministers for Petroleum, Power, and State Finance; Governor of the…

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ECC Approves Power Purchase Agreements for Karachi Nuclear Power Plants K-2, K-3

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Nuclear-Power

ISLAMABAD – In a key development for Pakistan’s energy sector, the Economic Coordination Committee (ECC) has approved the signing of Tripartite Power Purchase Agreements (TPPAs) for the Karachi Nuclear Power Plants Unit-2 (K-2) and Unit-3 (K-3), each with an installed capacity of 1,145 MW. The agreements will be signed between the Pakistan Atomic Energy Commission (PAEC), National Grid Company (NGC)—formerly NTDC—and the Central Power Purchasing Agency-Guaranteed (CPPA-G), the market operator. According to a briefing by the Power Division, K-2 and K-3 are strategic baseload facilities located in Karachi and operated…

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