Pakistan PM Shehbaz Sharif has directed a gradual nationwide transition towards electric vehicles (EVs) transport as part of a broader strategy to strengthen energy security and promote sustainable development. Read More: PM Shehbaz pushes fast EV adoption plan The directive was issued during a high-level meeting on energy security held in Islamabad, where the prime […]
renewable energy
Pakistan, Germany sign €18m renewable energy grant deal
ISLAMABAD — Pakistan and Germany have signed a grant agreement worth €18 million to promote hydropower and renewable energy projects in the country’s northern areas, aiming to support sustainable development and improve access to clean electricity. The agreement was signed by Muhammad Humair Karim, Secretary of the Economic Affairs Division of Pakistan, and Sebastian Jacobi, […]
ECC approves revised power agreements to cut long-term costs
The Economic Coordination Committee (ECC) of the cabinet has approved revised agreements with several power producers aimed at reducing long-term financial liabilities in the country’s energy sector. The decision, taken during a meeting chaired by Finance Minister Muhammad Aurangzeb in Islamabad, is expected to generate significant savings while clearing outstanding dues to power producers. Read […]
Majority of rooftop solar users to retain net metering benefits until 2031
ISLAMABAD – Around 80-85% of Pakistan’s existing rooftop solar prosumers will continue to benefit from the current net metering regime until 2030-31, officials told The News on Wednesday. These prosumers, mostly approved in FY2024-25, will be able to sell surplus electricity to the national grid at Rs25.32 per unit under a seven-year contract. Read More: […]
Copper Recycling & Renewable Energy Transition
Copper is a crucial metal, and it has played an extremely vital role in commencing industrial development over the past 150 years. Geoscience Australia, by the Australian Government, points out that Thomas Edison invented the first electric light in 1878 with the help of copper that carried current to it. Similarly, Alexander Graham Bell also […]
Nepra to hold hearing on proposed solar net-metering cuts
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has scheduled a public hearing on February 6 to consider proposals aimed at curtailing incentives for solar net-metering consumers, known as prosumers, amid concerns over rising electricity tariffs, grid instability and mounting financial stress on power utilities. Read More: NEPRA unveils major solar net metering changes In a public notice […]
Pakistan needs over $560bn to meet climate transition goals
Pakistan will require nearly $566 billion in investment to deliver on its latest climate commitments by 2035, according to a briefing on green finance and sustainability disclosure frameworks held in Karachi on Wednesday. Read More: Pakistan, UK seal £35m Green Compact to boost climate resilience The country’s updated Nationally Determined Contributions (NDC) 3.0 outline a 17 percent […]
UAE-EU free trade talks speed up, fourth round this week
The United Arab Emirates (UAE) and the European Union (EU) are making swift progress in their free trade negotiations, according to UAE state minister Lana Nusseibeh. Speaking at a briefing with an EU commissioner, Nusseibeh emphasized the “very productive conversations” between both sides. The ongoing talks, which began earlier this year, cover a range of […]
Solar system prices drop in Lahore as rooftop surge reshapes power demand
LAHORE – Solar panel system prices in Lahore have fallen significantly, offering major relief to households and industries looking to shift toward renewable energy. According to reports, prices of 5 kW to 15 kW systems have dropped by up to Rs150,000, making solar installations more accessible for consumers. Read More: Govt policy sparks major decline […]
Sindh CM unveils record Rs1.018trn development plan
KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Thursday reviewed the provincial development portfolio for fiscal year 2025-26, unveiling a record Rs1.018 trillion plan. The meeting at the Chief Minister House focused on major allocations for Karachi’s water, sanitation, roads, mass transit, and post-flood rehabilitation projects. Read More: CM Murad fast-tracks Karachi roads with […]