Islamabad, March 13, 2025: A meeting of the Steering Committee on the conversion of agricultural tube wells to solar power, chaired by Deputy Prime Minister Muhammad Ishaq Dar, was held yesterday. The meeting was attended by the Chief Minister of Balochistan, the Minister for Power, the Additional Secretary of Finance, GoP, the Secretary of Power Division, the Chief Secretary of Balochistan, and the Secretary of the Energy Department, Balochistan. The meeting took stock of the progress on the government’s initiative to convert agricultural tube wells in Balochistan to solar power.…
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Federal Minister for Energy Sardar Awais Ahmed Khan Leghari Responds to Miftah Ismail’s Recent Statement
In response to the recent statement by former Finance Minister Miftah Ismail, Federal Minister for Energy Sardar Awais Ahmed Khan Leghari termed the claims as misleading and baseless, stating that these statements misrepresented the government’s efforts in the energy sector. Federal Minister Awais Leghari said that Miftah Ismail’s attempt to mislead the public is based on false data and unfounded accusations. The government is particularly committed to achieving targets related to the promotion of renewable energy. Minister Awais Leghari further stated that the promotion of renewable energy, especially solar energy,…
Read MoreGeothermal Energy Poised to Meet 64% of AI-Driven Data Center Demand
A new report by the Rhodium Group reveals that geothermal energy could supply up to 64% of the projected energy demand growth from data centers by the early 2030s. This finding positions geothermal as a potential game-changer in addressing the rising energy needs fueled by artificial intelligence (AI). Despite historically high upfront costs and technical hurdles, advancements in geothermal drilling technology and increasing investments from major tech firms like Meta and Alphabet are accelerating its development. The report highlights that breakthroughs in subsurface exploration—leveraging techniques from nuclear fusion and fracking—are…
Read MorePSDP 2025-26: Rs424 Billion Water Projects Proposed, K-IV Delays Persist
ISLAMABAD: The Ministry of Water Resources has proposed 33 new water sector projects worth Rs424.128 billion for inclusion in the Public Sector Development Program (PSDP) 2025-26, seeking an allocation of Rs42.432 billion for the upcoming fiscal year. During a briefing to the Senate Standing Committee on Water Resources, chaired by Senator Shahadat Awan, Secretary Syed Ali Murtaza outlined the proposed projects. Breakdown of Proposed ProjectsWAPDA Projects: Four projects totaling Rs33.0155 billion, with Rs1.584 billion sought for FY 2025-26.Sindh: Three projects worth Rs257.783 billion, with a funding request of Rs15.805 billion.Khyber…
Read MorePM Likely to Announce Rs8 per Unit Electricity Price Cut on March 23
The government is set to slash electricity tariffs by Rs8 per unit, with Prime Minister Shehbaz Sharif expected to make the official announcement on March 23, following approval from the International Monetary Fund (IMF), Express News reported. Sources indicate that the Ministry of Finance and Power Division are considering additional measures to further reduce rates by Rs2 per unit, with a final decision expected before the announcement. Effective from April 1, 2025, the reduction will reflect in consumer bills from May. Of the Rs8 per unit cut, Rs4.73 will be…
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