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Prime Minister (PM) Imran Khan appreciated effective measures adopted for promotion of renewable energy under a new policy.
He expressed these views while chairing a high-level meeting in Islamabad regarding the new policy being formulated on renewable energy.
The Special Assistant to the Prime Minister on Energy Nadeem Babar presented the proposed draft of the new policy of renewable energy.
He said electricity generation from renewable energy was the main purpose under the new policy where provision of cheapest electricity to people could be made possible.
Babar said investors would be given protection and auction would be done on annual basis so that keeping in view the capacity and requirements, the investors could participate in the auction process.
He said it was focus of the government that all machinery and its parts were manufactured locally.
The special assistant to the PM informed the meeting that efforts were being made to utilise solar, wind, municipal waste, hydrogen, biogas and waves of ocean-like renewable resources to produce energy.
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A Pakistan-American franchisee has joined a Qatari-backed investor group's bid to buy out the US-based Papa John's Pizza restaurants chain. Nadeem Bajwa started his part-time job in 1991 as a pizza delivery driver for Papa John's while attending college in Indiana. He has since risen to become the largest franchisee with nearly 300 restaurants across the United States. Bajwa's backing could help Irth, which is also backed by Brookfield Asset Management, in its $47 a share pursuit of…
ContinuePosted by Riaz Haq on May 18, 2026 at 10:00am
In a television speech to the nation, Indian Prime Minister Narendra Modi urged his people to make sacrifices by spending less on fuel, fertilizer, and travel. He also asked them not to buy gold for a year. “To save foreign exchange, we must accept the challenge of patriotism,” he said. It appears that India's problems do not just stem from the effects of the US-Iran war; India's problems started well before that. Flight of foreign capital has put the Indian currency under tremendous…
ContinuePosted by Riaz Haq on May 11, 2026 at 9:00pm — 12 Comments
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