A technician works on porcelain insulators on power transmission tower in Karachi. — Reuters/File200MW of power to be made available for bulk purchase, NA told.Country’s off-grid, net-metered solar capacity surges to 18,000MW.NA committee discusses Multi-Vendor Electricity…
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Pakistan plans tariff cuts under new auto policy to liberalise vehicle imports
A representational image showing a large number of electric vehicles parked at a port. — AFP/File
Four-tier tariff structure to replace system.Used car duties to gradually decline.Policy aims to boost localisation, cut prices.
ISLAMABAD: Pakistan is set to…
Pakistan to import US oil for first time under new trade deal
The image shows a refinery of Pakistan’s largest refiner, Cnergyico. — YouTube/@cnergyicopkltd/Screengrab
Pakistan’s largest oil refiner to import 1m barrels of oil from US.Cargo to be loaded from Houston this month, says Cnergyico official.Shipment expected to…
Moody’s improves Pakistan’s credit rating on better financial position
Signage is seen outside the Moody’s Corporation headquarters in Manhattan, New York, US, November 12, 2021. — ReutersUpgrade follows similar moves by S&P and Fitch.Foreign reserves expected to continue gradual improvement.Political uncertainty remains despite fiscal position gains.