Latest news with #SyedNasirHussainShah
Business Recorder
6 days ago
- Automotive
- Business Recorder
Charging stations: Sindh govt to cooperate with investors, says minister
KARACHI: Provincial Minister for Energy and Planning, Syed Nasir Hussain Shah said that the Sindh government will extend full cooperation to investors financing manufacturing and charging plants in the province. During a meeting in his chamber with Malik Khuda Bakhsh, Chairman of Malik Group and Convener of the FPCCI Energy Committee, the minister said that in line with the vision of PPP Chairman Bilawal Bhutto Zardari, the government is promoting and supporting environmentally friendly energy projects. He said the government land will be utilised for setting up electric charging stations. He said that it has been made mandatory to include electric charging facilities in newly constructed buildings in Sindh, adding electric charging stations will be established in major cities across the province. For the convenience of those travelling outside the megacity, electric charging stations will be set up every 30 to 40 kilometres. Anyone investing in eco-friendly industries will receive full support from the government, he said. He added that special funds are being allocated for environmentally friendly projects, and the Sindh government is providing complete facilitation for such initiatives. During the meeting, Malik Khuda Bakhsh informed the minister that his group has initiated a $340 million investment for manufacturing and charging plants in collaboration with China, and that charging stations will be set up across Pakistan — including in Karachi and Lahore — with the help of the Chinese company ADN Group. He praised Syed Nasir Hussain Shah's efforts and expressed confidence that if the Chinese company begins manufacturing electric vehicles in Pakistan, the Sindh government will purchase more than 20% of the vehicles produced at the Karachi plant for its own use. He confirmed that they are actively working on both manufacturing and charging plants. Copyright Business Recorder, 2025
Business Recorder
25-06-2025
- Business
- Business Recorder
Minister, Foundation Solar Energy discuss solarization projects in Sindh
KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah held a significant meeting with a high-level delegation from Foundation Solar Energy Ltd, a subsidiary of the Fauji Foundation. The meeting focused on promoting eco-friendly energy and detailed discussions on solarization projects in Sindh. The delegation included Major General Amjad Ahmed Butt (Retd), Brigadier Imran, and other senior officials. From the Sindh Energy Department, Secretary Mushtaq Ahmed Soomro, Director of Solar Projects Mahfooz Qazi, and other officials were also present. During the meeting, both parties exchanged strategic ideas on setting up solar parks, micro and mini solar grids, and converting government buildings to solar energy. The discussions also touched on the promotion of green energy and its positive impact on climate change. The Energy minister emphasized that the Sindh government is actively promoting green energy. He added that Chairman of the Pakistan Peoples Party, Bilawal Bhutto Zardari, has given special directives to prioritize eco-friendly energy initiatives. In line with this vision, the Sindh government has allocated special funds for green energy in the budget. At the conclusion of the meeting, as a gesture of goodwill, Major General Amjad Ahmed Butt (Retd) presented the provincial energy minister with a commemorative cap and shield. In return, Syed Nasir Hussain Shah gifted the delegation the traditional Ajrak and Sindhi cap. This meeting marks a significant step toward the advancement of renewable energy in Sindh. Copyright Business Recorder, 2025
Business Recorder
23-06-2025
- Automotive
- Business Recorder
Eco-friendly industries: Minister says investors to be granted tax exemptions
KARACHI: Provincial Minister for Energy, Syed Nasir Hussain Shah, inaugurated the first ENVEREX EV electric car showroom. Muhammad Zakir Ali, CEO of Enverex Industries, Director Abdul Rehman, and other dignitaries were also present. The provincial minister inaugurated the showroom by cutting the ribbon. He inspected the electric vehicles on display. The company's CEO gave a detailed briefing about the vehicles. Information was also provided regarding the after-sales services offered by the company. The electric car charging ports can also be installed at home. Speaking to media on the occasion, Syed Nasir Hussain Shah said, 'Today we have inaugurated the ENVEREX Industries EV showroom. We appreciate the local production of electric vehicles and will fully support it. The cost of running an electric car is Rs. 4 per kilometre.' He stated that, in line with PPP Chairman Bilawal Bhutto Zardari's vision, eco-friendly energy projects are being promoted and supported. Government-owned lands will be utilised for electric charging stations. It has been made mandatory to include electric charging facilities in newly constructed buildings in Sindh. Electric charging stations will be established in major cities across the province. Shah said that for the convenience of travellers, electric charging stations will be set up every 30 to 40 kilometres outside city areas. Special funds are being allocated for eco-friendly projects as per the directions of Chairman Bilawal Bhutto Zardari. The Sindh government is fully supporting and facilitating such eco-friendly initiatives. Efforts will be made to shift more vehicles and bikes to electric power. Copyright Business Recorder, 2025
Business Recorder
29-05-2025
- Business
- Business Recorder
Sindh CM asks two key depts to firm up budget proposals
KARACHI: Sindh Chief Minister Syed Murad Ali Shah presided over a joint meeting of the Finance Department and the Planning and Development Department to firm up proposals for the upcoming fiscal year's budget. The meeting was attended by Planning and Development Minister Syed Nasir Hussain Shah, Chief Secretary Asif Hyder Shah, Principal Secretary Agha Wasif, Secretary Finance Fiyaz Jatoi, and other relevant officials. 'Despite today being an official holiday, we have convened this meeting of P&D and the Finance Department to finalise the upcoming fiscal year's budget,' he said, adding that more meetings would be convened soon to finalise the proposals. 'The upcoming budget must be made in the interest of the public.' Planning and Development Minister Syed Nasir Hussain Shah informed the chief minister that out of 4,644 ongoing development schemes, 1,812 are expected to be completed this year. He directed that funds for the development schemes nearing completion should be released immediately. He said that various departments have proposed new schemes for the next fiscal year, many of which have been suggested at local level. Murad Shah asked the relevant departments to shortlist the new proposals and present them in the next meeting. 'We will review funding in a separate meeting and finalise the new schemes accordingly,' he said, adding that during the fiscal year 2023–24, the Sindh government had initiated 1,937 new development schemes worth Rs. 88.3 billion. 'Most of those 1,937 schemes will be completed now.' Copyright Business Recorder, 2025
Business Recorder
20-05-2025
- Automotive
- Business Recorder
Sharjeel, Nasir visit Chery Holdings Group's HQs
WUHU, (China): Sindh Senior Minister Sharjeel Inam Memon and Provincial Minister for Energy, Planning, and Development Syed Nasir Hussain Shah visited the headquarters of the Chinese automobile company Chery Holdings Group in Wuhu, China. Upon their arrival at Chery Holdings Group, they were warmly welcomed by the Chairman, Yin Tongyue. In a meeting with Provincial Minister Syed Nasir Hussain Shah and Senior Minister Sharjeel Inam Memon, Chairman Yin Tongyue reiterated Chery Holdings' resolve for sustainable development of electric vehicles and alternative energy projects. Senior Minister Sharjeel Inam Memon and Minister Syed Nasir Hussain Shah hailed Chery's initiative and once again expressed Pakistan's resolve to enhance such collaborations in a bid to meet the objectives of sustainable development. They termed such collaborations as imperative for driving energy efficiency and environmental sustainability in Pakistan. Due to the initiatives of Sindh Senior Minister Sharjeel Inam Memon, Chery Holdings Group has agreed to set up electric vehicle charging stations throughout Sindh. Senior Minister Sharjeel Inam Memon stated that an EV charging station will be established every fifty kilometres across all districts of Sindh. He added that these charging stations will greatly benefit owners of electric motorcycles, cars, and trucks. He said that the transport system in Sindh is being modernized and that their vision is to promote environmentally friendly electric vehicles. Chery Holdings Group has confirmed that EV charging stations will be built in Sindh. The construction of these stations will provide job opportunities to the people of Sindh as well. Apart from this, an assembly plant for EV mini trucks is being established in Karachi. Sharjeel Inam Memon stated that the establishment of charging stations and assembly plants will create employment opportunities for the local population and make electric vehicles available at affordable prices. Provincial Minister Syed Nasir Hussain Shah stated that Chinese investors have assured full cooperation on solar energy projects in rural areas of Sindh. The solarization of homes will help reduce the energy crisis and serve as a significant milestone in promoting environmentally friendly energy solutions. He said that solar systems are being provided to poor families to help meet their daily energy needs. The solarization of homes will enable ordinary people to easily fulfil their electricity requirements. Provincial Minister Syed Nasir Hussain Shah said that the solarization of homes will help the common man save on expensive electricity bills and significantly reduce problems like load shedding. It will also boost the local economy, create new employment opportunities, and contribute to the socio-economic development of rural areas. Copyright Business Recorder, 2025
