Category: Shortcode

Centre Expresses Displeasure Over Punjab’s Delay in Tariff Cut for LNG Plants

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LNG

ISLAMABAD: The federal government has conveyed its frustration to the Punjab government over delays in approving tariff reductions for two of its LNG-based power plants — Bhikki and Trimmu — with a combined capacity of over 2,400MW. The proposed tariff revision could save around Rs600 billion over the plants’ remaining operational life of 18 to 23 years. A senior official told Dawn that the Central Power Purchasing Agency (CPPA), a subsidiary of the Power Division, had been consistently following up with Punjab’s energy department to complete formalities necessary to file…

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WTO to Review China’s Challenge Against EU Tariffs on Electric Vehicles

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EV-Project

GENEVA: The World Trade Organization (WTO) has agreed to set up an expert panel to investigate China’s complaint against the European Union’s imposition of steep tariffs on Chinese electric vehicles (EVs). The move follows the EU’s decision in October to levy additional tariffs of up to 35% on Chinese-made EVs, citing the impact of alleged state subsidies that, according to Brussels, distorted fair competition and undercut European manufacturers. Beijing responded by filing a formal case with the WTO, asserting that the EU’s measures violate global trade rules. “China will… take…

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ARL Seeks Urgent Approval for 5,000bpd Crude Allocation to Boost Defence Fuel Production

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New-ARL

ISLAMABAD: Attock Refinery Limited (ARL) has called for the immediate availability of 5,000 barrels per day (bpd) of crude oil from the Naimat field — already allocated and approved by the Economic Coordination Committee (ECC) in February 2024 — to enhance the production of high-speed diesel (HSD) and jet fuel (JP-8) for Pakistan’s armed forces. In a letter addressed to the Directorate General (DG) Oil on Friday, April 25, ARL stressed the urgent need for approval of freight rates to transport the crude from the southern Naimat field to its…

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APL Partners with HUBCO Green to Develop EV Charging Infrastructure Across Pakistan

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NEPRA-EV

KARACHI: Attock Petroleum Limited (APL) has entered into a collaboration agreement with HUBCO Green (Private) Limited (HGL), a wholly owned subsidiary of Hub Power Holding Limited, to establish and market electric vehicle (EV) charging infrastructure at selected APL locations nationwide. APL announced the development through a notice to the Pakistan Stock Exchange (PSX) on Friday, confirming that the agreement was signed on April 24, 2025. Under this partnership, APL and HGL aim to accelerate the rollout of advanced EV charging facilities across Pakistan, supporting the country’s growing shift toward electric…

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KP Seeks Tax Exemption for Hydel Projects in Line with Private Sector and AJK

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New-hydro

ISLAMABAD: The Khyber Pakhtunkhwa (KP) government has formally requested income tax exemptions for its hydropower projects, aligning them with the incentives currently enjoyed by private sector projects and those in Azad Jammu and Kashmir (AJK). In a letter to Finance Minister Senator Muhammad Aurangzeb, Brig. (Retd.) Tariq Saddozai, Special Assistant to the KP Chief Minister on Energy and Power, emphasized the province’s vast hydropower potential. He stressed that systematic and transparent development of these resources could ensure long-term national energy security and sustainable economic growth. The KP government highlighted that…

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