Pakistan Revamps Electric Bike Subsidy Scheme as Banks Approve Only 9 Percent of Applications
The federal government modifies the PAVE program to bypass banking hurdles after commercial banks approve only 4,075 electric bike applications against high demand.
Pakistan’s Telecom Sector Secures First PKR 3 Billion Green Sukuk for Sustainable Power
InfraZamin and Infralectric partner with major banks to launch Pakistan’s first Green Sukuk for telecom, funding solar and BESS solutions for tower sites.
Prime Minister Shehbaz Sharif Launches Electric Vehicle Fleet for Islamabad Traffic Police
Prime Minister Shehbaz Sharif inaugurates an electric vehicle fleet for Islamabad Traffic Police to reduce petroleum dependency and save national foreign reserves.
UBL and SOGO Group Partner to Launch Electric Bike Financing via Credit Cards
United Bank Limited and SOGO Group sign an MoU to offer sustainable electric bike financing through UBL credit cards, promoting eco-friendly mobility in Pakistan.
Government Ends Billing Relief on Excess Solar Generation Beyond Approved Limits
The federal government introduces Export MDI checks for net metering, removing credit for surplus solar energy produced beyond a consumer’s licensed capacity.
HBL Awarded Mandate for Mari Energies and Ghani Chemical Emissions Mitigation Project
Habib Bank Limited secures the mandate to arrange project financing for GHG Emissions Mitigation Limited to recover hydrocarbons and produce LNG.