'Over $100b needed for carbon-neutral energy sector'

'Over $100b needed for carbon-neutral energy sector'

Pakistan is transitioning away from fossil fuels at a faster pace than many regional economies, with plans to generate 60% of its energy from renewable sources by 2030 to meet its emissions reduction targets. According to global data compiled by the Energy Institute, the share of fossil fuels in Pakistan's total energy consumption declined by 4.8 percentage points from 86.7% in 2019 to 81.9% in 2023. In comparison, the average decline in fossil …

KE concludes EPIC 2025 with aim to power Pakistan’s energy future

A view of the K-Electric head office in Karachi. — K-Electric website/FileCommitted to promoting localisation and innovation in the energy sector, on Wednesday concluded the Grand Finale of the Energy Progress & Innovation Challenge 2025.After a rigorous screening and pitching...