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CBD Punjab CEO Imran Amin visits NSIT City to review project progress

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Lahore – Imran Amin, the CEO of the Punjab Central Business District Development Authority (PCBDDA), also known as Central Business District Punjab (CBD Punjab), visited the authority’s flagship project, CBD NSIT City, which is Pakistan’s largest and premier IT city. This project is progressing in accordance with the authority’s vision of creating sustainable infrastructure that will transform Punjab into a hub of technological and business excellence.

During the visit, the CEO of CBD Punjab, Imran Amin, was accompanied by senior officials, including Executive Director Technical Riaz Hussain, Director Project Management, Asif Iqbal, Director Construction Asif Babar, Director Engineering, Omar Hayat, Project Manager, Yasir Saifullah, Project Manager Nespak, Jamshed Janjua, and project contractors.

CEO of CBD Punjab, Imran Amin, visited the construction of Celestia IT & Office Tower, Package 1,2,3, and reviewed the ongoing progress. He expressed satisfaction with the work pace and instructed to maintain high-quality construction practices. Sharing updates on the IT City’s development, CBD Punjab’s Executive Director, Technical, Riaz Hussain, stated that nearly 80 percent of the drainage system has been completed. Development works across Packages I, II, and III are actively progressing, with the water-bound layer being laid across major sections. He further added that asphalt carpeting will begin on Circular Road I and Circular Road II in the current month.

The Celestia IT & Office Tower, under construction within the Silicon Block of CBD NSIT City, has also achieved remarkable progress, with 65 percent of its structural and finishing works completed.

During the visit, CEO of CBD Punjab Imran Amin said, CBD NSIT City is a new chapter in the development of Punjab. This project is progressing in alignment with the vision of Chief Minister Punjab, Maryam Nawaz, and it’s our duty to complete this project.

With consistent progress and timely execution, CBD Punjab continues to set new benchmarks in urban development, foster economic opportunities, and pave the way for a technologically empowered future for Punjab and Pakistan.

Pakistan

NA allows PTA taxes on imported phones to be paid in instalments

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LAHORE – The National Assembly has approved a provision in the Finance Bill 2026-27 allowing individuals to pay taxes on imported mobile phones in instalments, a move aimed at reducing the upfront cost of device registration.

Under the new measure, consumers registering imported smartphones through the Pakistan Telecommunication Authority’s (PTA) Device Identification, Registration and Blocking System (DIRBS) will be permitted to clear applicable taxes through a government-prescribed instalment plan.

The legislation stipulates that all instalments must be paid within the same financial year in which the device is imported.

The facility will be available for both new and used imported mobile phones and is set to take effect from July 1, 2026, following the enforcement of the Finance Act 2026-27.

The government is expected to issue separate notifications outlining the payment procedure, eligibility requirements and other operational details.

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Pakistan

Pakistan electricity system ‘operating beyond recorded solar capacity’: Report

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ISLAMABAD – Pakistan’s electricity sector is facing a significant data gap in rooftop solar adoption, with actual installed capacity estimated to be nearly twice the officially documented figures, according to a new report.

A joint study by HeraldX and Renewables First, titled “The Uncounted Gigawatts: Distributed Solar Mapping and Grid Impact Analysis in Pakistan”, uses artificial intelligence and power system modelling to evaluate the scale and operational impact of distributed solar generation.

The report estimates that national rooftop and distributed solar capacity stands at around 38 gigawatts, significantly higher than what is reflected in official datasets.

In Lahore, the AI model identified 177MW of rooftop solar capacity compared to an official estimate of 95MW, pointing to substantial gaps in reporting and registration, particularly for systems outside or partially outside net-metering frameworks.

The study notes that this unrecorded capacity is already influencing grid behaviour, despite remaining largely invisible to planners and distribution companies.

Using PSS/E simulation software, researchers compared grid performance under recorded and actual solar penetration levels, finding increased reverse power flows and a rise in transformer loading from 34 per cent to 76 per cent during daytime conditions.

Voltage levels were also found to exceed Grid Code 2023 compliance thresholds under both scenarios, indicating mounting stress on distribution infrastructure.

The report further states that while a simulated 10MW battery energy storage system helped improve voltage stability and reduce reverse flows, it also led to power factor deterioration in lower solar penetration conditions, suggesting storage alone cannot address the challenge.

According to the researchers, the AI model was trained on Pakistan-specific rooftop imagery to improve accuracy, unlike generic international datasets.

The report calls for urgent adoption of updated monitoring systems and planning tools, warning that the widening gap between recorded and actual solar capacity poses risks for distribution companies and grid operators.

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Public holidays declared for 9th and 10th Muharram across Pakistan: Details

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ISLAMABAD – The federal government has announced public holidays on June 25 and 26, 2026, on account of 9th and 10th Muharram-ul-Haram (Ashura), during which all government offices across the country will remain closed.

Prime Minister Shehbaz Sharif has approved the two-day holiday, following which the Cabinet Division issued a formal notification confirming the closure of public offices operating under both five-day and six-day work schedules.

The holidays will fall on Thursday and Friday, marking the observance of Ashura nationwide.

According to the notification, the decision has been taken in line with annual observances of Muharram, during which religious gatherings, processions and majalis are held across the country.

Authorities are finalising administrative and security arrangements to ensure law and order during the period, particularly in view of large processions and congregations in major cities and towns.

Ashura, observed on the 9th and 10th of Muharram, holds significant religious importance for Muslims and is commemorated every year in Pakistan with mourning processions and religious gatherings.

The notification confirms that the public holidays correspond to 9th and 10th Muharram 1448 Hijri.

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