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Sindh Senior Minister and Provincial Minister for Information, Transport and Mass Transit, Sharjeel Inam Memon, said that after approval by the Cabinet, new electric buses will be operated in different cities of the province in phases, and the Sindh government is further expanding the public transport system. In a statement, he said that it is the priority of the Sindh government that the facility of modern public transport should not remain limited to Karachi alone. The scope of the People’s Bus Service is continuously being expanded, and the purpose of…

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KARACHI, September 21, 2026: President of the Pakistan Businessmen and Intellectuals Forum (PBIF) and All Karachi Industrial Alliance (AKIA), Chairman of the National Business Group Pakistan, Chairman of the FPCCI Policy Advisory Board, and former Provincial Minister for Information Technology, Sindh, Mian Zahid Hussain, has welcomed the targeted fuel relief programme initiated by Prime Minister Mian Muhammad Shehbaz Sharif for low-income citizens. However, he warned that fuel prices for industrial and commercial consumers remain exceptionally high, placing the industrial and transport sectors under severe financial pressure and posing serious risks…

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Power generation in Pakistan reached 14,943 GWh in August 2026, up 5.1% YoY from August 2025. Back in August 2025, power generation stood at 14,218 GWh.             “While still below the 16,176 GWh peak recorded in Aug’21, the rebound is encouraging for power-sector activity and broader economic growth,” said Arif Habib Limited (AHL) in a note on Monday. Power generation in Pakistan reached 14,943 GWh in August 2026, up 5.1% YoY from August 2025. Back in August 2025, power generation stood at 14,218 GWh.             “While still below the 16,176 GWh peak…

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Renewable energy company Ningbo Green Light Energy is set to become the first company in Pakistan to go public through a blank-check vehicle, with its backdoor listing expected to be completed within weeks, its chief executive told Bloomberg. According to the report, the company, which imports solar equipment for renewable energy projects, is awaiting court approval for a reverse takeover of LSE SPAC-I Ltd., Chief Executive Officer Qasim Ningbo said. LSE SPAC-I, a subsidiary of LSE Capital Ltd., raised Rs250 million in May through an initial public offering and used…

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The federal government has increased the price of petrol by Rs6.88 per litre and high-speed diesel (HSD) by Rs5.62 per litre, effective till Thursday, September 17, 2026. According to an Oil and Gas Regulatory Authority (OGRA) notification, the new price of petrol has been fixed at Rs391.22 per litre, while HSD will be available at Rs421.45 per litre. The regulator said the increase was primarily linked to higher petrol and diesel prices in the international market amid continued global uncertainty. The prices of petroleum products have also been revised in…

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