Category: Shortcode

ADB: Pakistan Suffers $2 Billion in Annual Losses from Climate Disasters

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Asian-bank

ISLAMABAD: Pakistan incurs average annual losses exceeding $2 billion due to climate-related disasters, significantly impacting the country’s already high poverty levels, according to the Asian Development Bank’s (ADB) Annual Report 2024. Highlighting Pakistan as one of the region’s most climate-vulnerable nations, the Manila-based lender stated that women and other vulnerable groups bear the brunt of these disasters. To enhance resilience, the ADB approved a $500 million policy-based loan in 2024 to improve disaster preparedness, planning, and response in Pakistan. The initiative includes risk mapping, modelling, public-private financing mobilisation, and the…

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*Minerals remain the wealth of provinces; it is in our national interest

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New-Project

Federal Minister for Petroleum Ali Pervaiz Malik Visits Geological Survey of Pakistan, Emphasizes efficient Resource Exploration and Energy Security Islamabad, April 24,2025 Federal Minister for Petroleum Ali Pervaiz Malik visited the Geological Survey of Pakistan (GSP) in Islamabad today to review its operations and discuss strategies for enhancing the country’s mineral and hydrocarbon resource exploration potential. During his visit, the minister was given a detailed briefing by senior officials of GSP on ongoing geological surveys, mineral mapping initiatives, and mineral hunt programs to identify potential reserves across Pakistan. He commended…

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Smart Energy, Smarter Living: Revolutionizing Home Energy Management

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Solis-Project1

In the age of renewable energy, the way we manage power in our homes is undergoing a major transformation. As more people install PV, battery storage, and EV chargers, households are no longer just passive consumers of electricity—they’re becoming savvy energy managers. ​​ The New Era: The Rise of Dynamic Tariffs – Why Your Electricity Bill Is Now a Trading Game The landscape of European electricity is evolving. Where once consumers paid a fixed rate, dynamic time-of-use (ToU) tariffs are now emerging. Widespread rollout of smart meters (80% EU deployment…

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Diwan International Launches Pakistan’s First CHINT Flagship Store in Karachi

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New-Project67

Karachi, Pakistan – Diwan International (Pvt) Ltd has proudly inaugurated Pakistan’s very first CHINT Flagship Store in a landmark event held at Denso Hall on MA Jinnah Road, Karachi. The grand opening marks a significant leap in the availability of advanced electrical and automation solutions within the country. The store showcases CHINT’s globally acclaimed range of products including high-performance switchgear, circuit breakers, and cutting-edge energy management systems – all now available under one roof for the Pakistani market. The launch event was graced by a large number of industry professionals,…

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Delays Hamper Launch of Pakistan’s Competitive Power Market Despite Regulatory Approvals

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Nuclear-Power

KARACHI – Pakistan’s transition to a competitive electricity market remains stalled despite regulatory greenlights and a successful six-month test run of the Competitive Trading Bilateral Contracts Market (CTBCM) by the Central Power Purchasing Agency-Guarantee (CPPA-G). A recent high-level multi-stakeholder dialogue hosted by Renewables First (RF) brought together policymakers, regulators, development partners, and industry experts to address the slow pace of CTBCM’s commercial launch. Although both the Economic Coordination Committee (ECC) and the National Electric Power Regulatory Authority (Nepra) have approved the framework, full-scale operations have yet to commence. Stakeholders expressed…

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