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Pakistan secures $3mn GEF funding for marine biodiversity, sustainable fisheries

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marine-pollution

Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry announced on Saturday Pakistan had secured $3 million from the Global Environment Facility (GEF) to conserve marine biodiversity and accelerate a shift toward sustainable and regenerative fisheries management. In a statement, the maritime minister said the project titled ‘Conserving marine biodiversity by accelerating transition to sustainable and regenerative fisheries management practices’ would be executed by the Ministry of Maritime Affairs. Proposed by the Ministry of Maritime Affairs through the Ministry of Climate Change and Environmental Coordination, it aligns with national priorities and…

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Gold rises Rs7,000 in Pakistan, $70 on world markets

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gold price

10-gram price climbs to Rs451,784; silver per tola declines to Rs8,219, 10-gram price to Rs7,046 Gold prices rose in both international and Pakistani local markets on Saturday, reversing some of the losses seen a day earlier, while silver prices in the domestic market continued to weaken. In the international bullion market, the price of gold per ounce gained about $70 to reach $5,042, reflecting renewed bullish momentum in global precious metals trading. In Pakistan’s domestic market, gold also strengthened as the price per tola rose by Rs7,000 to Rs526,962, and…

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NEPRA Notifies Prosumer Regulations 2026 to Strengthen Distributed Energy Framework

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nepra

Islamabad, February 9, 2026:In a significant move aimed at promoting distributed and renewable energy generation across Pakistan, the National Electric Power Regulatory Authority (NEPRA) has officially notified the National Electric Power Regulatory Authority (Prosumer) Regulations, 2026, providing a comprehensive legal framework for electricity consumers who also generate power. Issued through S.R.O. 251(I)/2026, the new regulations have come into force with immediate effect under Section 47 read with Section 7(1) of the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997. Enabling Consumers to Become Power Producers The Prosumer…

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PM Shehbaz Announces Rs4.4 per Unit Cut in Power Tariff for Industries

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Power Consumers

Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs4.4 per unit in electricity tariffs for the industrial sector, aiming to boost productivity, competitiveness and exports. Addressing leading exporters and business figures at a ceremony in Islamabad, the premier said the relief would ease cost pressures on industries, adding that if it were possible, he would have reduced tariffs by a further Rs10, but constraints limited the move. He also announced a cut in wheeling charges to below Rs9 per unit, enabling industries to sell surplus power to neighbouring…

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Pakistan China Launch E-Mining Platform, Sign MoUs to Strengthen Minerals Sector Cooperation at the Forum

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Islamabad, January 28, 2026: The Pak–China Mineral Cooperation Forum was held today at the Jinnah Convention Centre, Islamabad, bringing together senior Pakistani leadership, diplomatic representatives, Chinese enterprises, and industry stakeholders to strengthen bilateral cooperation in Pakistan’s mineral sector and explore new avenues for sustainable development and investment. Organized by the China Chamber of Commerce in Pakistan (CCCPK) the forum served as a high-level platform for policy dialogue, investment facilitation, technological collaboration, and business matchmaking across the entire mineral value chain, including exploration, mining, processing, logistics, financing, and capacity building. The…

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