Pakistan plans to join the International North-South Transport Corridor (INSTC), with Russia backing a link between the trade route and Gwadar Port as both countries move to deepen economic and strategic cooperation through a new partnership framework extending to 2030. This was disclosed by Federal Minister for Energy, Sardar Awais Ahmed Khan Leghari, while delivering […]
Pakistan plans
Pakistan Plans New Time-of-Use Electricity Tariffs to Boost Industrial Efficiency
ISLAMABAD – The government of Pakistan is developing a new electricity tariff structure aimed at encouraging industrial consumers to maximise daytime operations while reducing usage during peak evening hours. Federal Minister for Power Sardar Awais Ahmed Leghari discussed the proposed framework with World Bank Country Director Bolormaa Amgaabazar on Thursday, highlighting efforts to enhance the […]
Pakistan plans maritime energy hub, ports as Hormuz crisis disrupts trade
Pakistan plans to develop a maritime energy city and new deep-sea ports along its coastline to strengthen its role in regional energy logistics, Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry said on Wednesday, as the Iran war and disruption of the Strait of Hormuz reshape global trade flows. The initiative comes as the […]