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The sun rises on the power grid

The economic landscape constantly evolves through innovation and obsolescence – a process economist Joseph Schumpeter called ‘creative destruction’. New technologies and models replace outdated ones, as seen in the historical…

How technology shapes power

In the early 15th century, the world still moved by hoof and sail. But within the walls of the Ottoman Empire, something formidable was taking shape. Not armies. Not treaties.…

Power tariff cuts: bigger, durable reform needed

The reduction in the power tariff, especially for industrial consumers, is a welcome move. Its architects, including the caretakers’ team, must be credited for it. However, this is a small…

Power sector on the brink

Pakistan’s state-owned power companies are trapped in a cycle of mounting debt, persistent inefficiencies and constant government bailouts, with no signs of relief. The sector faces high operational costs, staggering…

Why power subsidies are a bad idea

Pakistan’s power sector continues to be heavily reliant on government subsidies, a mechanism intended to keep electricity affordable for consumers. However, the State of Industry Report 2024 by Nepra paints…

Powering Pakistan’s EV revolution

Transitioning to climate-friendly electric vehicles (EVs) is crucial for Pakistan to reduce greenhouse gas emissions and achieve sustainability. With a projected population of over 400 million and 70 per cent…

The unraveling of power sector

Power sector is by far the most poorly performing sector of the economy – a sector that compromises the competitiveness of our industries, those that cater solely to domestic consumption…