Tag: energy update magazine

APTMA Urges Nepra to Reject IGCEP 2025–35 in Current Form, Calls for Robust Demand Forecasting

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power-sector

ISLAMABAD: The All Pakistan Textile Mills Association (APTMA) has strongly opposed the approval of the Indicative Generation Capacity Expansion Plan (IGCEP) 2025–2035 in its current form, warning that flawed demand forecasts could worsen Pakistan’s power sector crisis and further burden consumers with unaffordable tariffs. In a letter to the Nepra Registrar, APTMA Secretary General Shahid Sattar criticized the IGCEP’s demand forecasting methodology, describing it as “fundamentally flawed” and “upward-biased by design.” He urged the regulator to commission a dedicated team of international and national economists and statisticians to build a…

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Pakistan Plans to Grow Economic and Tech with China

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china pakistan

Under CPEC Phase II, Pakistan Aims for Deeper Economic and Technological Partnerships with China BEIJING APP: According to Ambassador to China Khalil Hashmi, Pakistan is looking to expand its collaboration with China in important domains including Economic and Tech and innovation within the context of the second phase of the China-Pakistan Economic Corridor (CPEC). Ambassador Hashmi recently discussed the main points of China’s yearly “Two Sessions,” a significant political gathering where the Chinese government sets its goals and strategic course, in an interview with China Economic Net. He emphasized China’s…

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Pakistan train hijack: China extends help to strengthen security – What’s at stake for Beijing?

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PAKISTAN-ATTACK--19_1741794066802_1741794080649.psd

As Pakistan security forces continued to battle the Baloch Liberation Army (BLA) for a second day on Wednesday after the hijacking of a train, the Jaffar Express, in Balochistan, China extended help, expressing readiness to strengthen counter-terrorism cooperation with Islamabad. “We noted the reports and strongly condemn this terrorist attack,” Chinese Foreign Ministry spokesperson Mao Ning said while replying to a question on the train hijacking by the BLA. The spokesperson added, “China stands ready to strengthen counterterrorism and security cooperation with Pakistan and jointly keep the region peaceful, secure and stable.”…

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Gwadar still has no water and power

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gwadar

ISLAMABAD: Ten years after launching the China-Pakistan Economic Corridor (CPEC) and holding 78 progress review meetings, it again emerged on Tuesday that the jewel of the multibillion-dollar initiative, Gwadar, could not shine because it neither has sufficient clean water nor indigenous electricity. The 78th CPEC progress review meeting was not different from dozens of such meetings held in the past where aggressiveness was shown over the lack of progress and new deadlines were set to fulfil obligations under President Xi Jinping’s Belt and Road Initiative (BRI). Federal Minister for Planning…

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CPEC can make Pakistan gateway for int’l trade, investment: president

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for int’l trade, investment: president Source: Xinhua Editor: huaxia 2025-03-11 09:16:22     ISLAMABAD, March 11 (Xinhua) — Pakistani President Asif Ali Zardari said on Monday that the China-Pakistan Economic Corridor (CPEC) and Gwadar Port have the potential to transform Pakistan into a center of international trade and provide vital connectivity to multiple regions. “CPEC remains central to our vision of connectivity,” the president said, urging the government to prioritize these two projects to position Pakistan as a gateway linking Central Asia, South Asia, and the Middle East. Addressing the joint…

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