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Articles for tag: Canada, Investment, Islamabad, mining, Renewable energy, Trade

Pakistanis Have Installed 51 GW of Solar as Citizens Bypass a Grid That Has Failed Them

Pakistan's estimated installed solar capacity reached 51 gigawatts by early 2026 — driven almost entirely by households and businesses self-financing panels to escape record electricity prices and chronic outages — as the country's power sector circular debt stood at Rs1.84 trillion. The government has now changed the rules, replacing unit-for-unit net metering with a less favourable net billing system.

July 27, 2025

News Desk

Bitcoin data centers to enhance employment opportunities

Listen to the article Pakistan plans to use the surplus of electricity to mining bitcoin in an effort to expand digital economic activity and increase currency profits, officials say. The country’s total capacity of electricity is 46,000 megawatts, significantly exceeds demand. In the summer, energy consumption reaches 26,000 megawatts, while in the winter it falls to just 10,000 megawatts. Due to seasonal fluctuations in the use of electricity, the government aims to divert surrender to Bitcoin mining. According to the plan, 2,000 megawatts of electricity will be allocated for this purpose. Employees say the initiative will provide a source of

Senior State Department Officials to Visit Islamabad Amid Trump’s Focus on Global Minerals

In a statement released by the U.S. Department of State, “Senior Bureau Official (SBO) for the Bureau of South and Central Asian Affairs, Eric Meyer, will lead an interagency U.S. delegation traveling to Islamabad from April 8-10, 2025, to advance U.S. interests in the critical minerals sector at the Pakistan Minerals Investment Forum. He will meet with senior Pakistani officials to expand opportunities for American businesses in Pakistan and promote the deepening of economic ties between our two countries. SBO Meyer will also engage with senior officials to underscore the vital importance of our continued collaboration on counterterrorism.” According to

February 27, 2025

News Desk

Natural gas faces the competition from coal in Asia’s electricity industry

Listen to the article Gas producers, exporters and commercial companies are banking in Asia – the largest and fastest growing energy market in the world – to lead to increased gas demand in the coming decades. But while the total gas consumption in Asia will certainly extend to today’s levels, gas traders may need to mitigate their optimism in the light of increasing carbon capacity throughout the area. Asia’s largest economies have three times more carbon burning capacity under the construction of gas burning capacity, according to Global Energy Monitor (GEM) and are already based on carbon for about 45%

PM Shehbaz vows to combat climate change in collaboration with int’l community

Prime Minister Muhammad Shehbaz Sharif has reaffirmed Pakistan’s strong commitment to advancing the objective of combating climate change in close collaboration with international community and the United Nations. He was talking to the UN Resident Coordinator in Pakistan Mohamed Yahya, who paid a courtesy call on him in Islamabad. During the meeting, the Prime Minister appreciated the important work being carried out by the UN Country Team in Pakistan, emphasizing the need to further strengthen the collaboration in the areas of sustainable development and climate change. He said climate financing remained a crucial component of addressing the impacts of climate

US joins India in demanding Pakistan address Mumbai attack concerns

Washington, D.C.: During the Indian Prime Minister’s visit to Washington, D.C., the United States and India discussed bilateral cooperation in defense, trade and investment, energy security, technology innovation, multilateral collaboration, and people-to-people exchanges. According to India’s Ministry of External Affairs, “On multilateral cooperation, both United States and Indian leaders reaffirmed that the global scourge of terrorism must be fought and terrorist safe havens eliminated from every corner of the world. They committed to strengthening cooperation against terrorist threats from groups including Al-Qa’ida, ISIS, Jaish-e-Mohammad, and Lashkar-e-Tayyiba to prevent heinous acts like the Mumbai attacks on 26/11 and the Abbey Gate

PM Shehbaz invites investors to invest in Pakistan’s clean energy & infrastructure opportunities

Prime Minister Shehbaz Sharif has called upon governments to strengthen climate financing and technology sharing. Addressing the World Governments Summit in Dubai, he urged private investors to explore Pakistan’s clean energy and infrastructure opportunities. He said multilateral institutions should support emerging economies like Pakistan in achieving sustainable growth. The Prime Minister said Pakistan is fully committed to mobilizing domestic resources and policy reforms. However, international partnerships and financial support remain critical to achieving this goal as global shift to a green economy requires a shared responsibility. He said Pakistan’s energy transition alone demands hundred billion dollars in investment. Shehbaz Sharif

US to invest billions of dollars in Pakistan’s diverse sectors

The United States intends to invest billions of dollars in Pakistan, across various sectors, including minerals, real estate, energy, technology and the artificial intelligence. This was stated by head of US investors’ delegation and billionaire investor, Gentry Beach, while talking to media in Islamabad. He said that US President Donald Trump believes in economic diplomacy and that’s why we are visiting Pakistan. Gentry Beach said initially we are investing in the critical minerals and the real estate sectors. He said we are going to build some of the luxurious properties in Pakistan. Gentry Beach said we are seeing global opportunities

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