Rehan Javed 🤫

4.7K posts

Rehan Javed 🤫

Rehan Javed 🤫

@rehanjawed

With great Power Comes Great Responsibility... with Load Shedding, Capacity Payments , Phl Surcharge and flawed electron pricing.

Karachi, Pakistan Katılım Eylül 2009
552 Takip Edilen1.1K Takipçiler
Rehan Javed 🤫
Rehan Javed 🤫@rehanjawed·
Including Ke Generation Fleet Pakistan has 39,591 MW of installed capacity. Last year we sold only 111,467 GWh — down 10.6% from the 2022 peak. At just 52% production from these plants including hydel and nuclear , existing plants already cover our entire 2035 Ismo projected demand of 180,605 GWh. IGCEP still wants to build to 62,657 MW. That creates a surplus of 148,720 GWh — more than we sell today —which means more capacity payments that consumers pay for but never use. ISMO's own document warns this will make tariffs "touch the highest numbers, making it unaffordable." No new capacity is needed. Use what we have first. Capacity payments is 52 percent of tariff today , it should be 25 percent which should be the new focus before installing any new generation.
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Asim Riaz
Asim Riaz@AsimRiaz1978·
1. Pakistan’s power-sector challenge is changing. The issue is no longer only whether enough generation capacity exists. The deeper challenge is whether electricity is available when needed, from resources that are flexible, deliverable, and capable of supporting system stability. 2. The sector must move from capacity addition to system optimization. Pakistan has historically focused on adding megawatts. The SMP data shows that the next reform phase should focus on the quality, timing, and flexibility of capacity rather than capacity volume alone. 3. Electricity no longer has a uniform value across the day. The hourly SMP pattern shows that some hours are materially lower-value while others are system-critical. This weakens flat average-cost thinking and supports time-sensitive market and tariff design. 4. The duck curve is emerging in Pakistan. Midday prices are being suppressed by solar, hydro, and must-run resources, while evening prices rise as solar output declines. This confirms that Pakistan is beginning to face the operational issues already seen in more renewable-heavy systems. 5. The lowest-price period is now midday, not nighttime. The 11:00 to 14:00 block has become the lowest-value period, averaging Rs 13.17/kWh. This is important because many tariff structures still treat off-peak energy as mainly nighttime energy. 6. The evening peak is now the system’s value zone. The 18:00 to 23:00 block averages Rs 20.33/kWh. This is the period where dispatchable generation, storage, demand response, ramping capability, and ancillary services provide the highest economic value. 7. Scarcity is episodic, not continuous. The data does not show a system that is always short of energy. Instead, it shows specific high-value and stress periods. The policy focus should therefore be on managing ramps and peaks rather than treating every hour as equally scarce. 8. System Marginal Price reflects short-run marginal energy cost only. It excludes capacity payments, T&D costs, losses, taxes, surcharges, subsidies, and prior-period adjustments. This distinction is essential for serious tariff analysis. 9. High consumer tariffs are driven by structural costs. Pakistan’s affordability crisis is linked mainly to fixed-cost recovery, capacity payments, underutilized plants, transmission constraints, DISCO losses, weak recoveries, and legacy contracts. SMP explains marginal energy value, not the full tariff burden. 10. Hence, CTBCM must become a full market architecture with affordable UoSC (Wheeling i.e. 1 cents per kWh). It cannot remain limited to bilateral energy trading. 11. A credible CTBCM must price energy, congestion, balancing, reserves, deviations, and flexibility through transparent and bankable mechanisms. 12. ISMO dashboards are critical reform infrastructure. Transparent dashboards covering hourly SMP, demand, generation mix, marginal units, reserve margins, curtailment, constrained dispatch, imbalance prices, and ancillary-service procurement will improve market confidence and accountability. 13. NEPRA’s role must evolve under CTBCM. NEPRA will need to regulate not only tariffs but also market conduct, dispatch discipline, transparency, settlement rules, and flexibility procurement. SMP data gives the regulator a practical tool for monitoring market outcomes. 14. Flexible industrial captive plants based on gas-fired reciprocating engines can provide significant system value. This value increases when they are integrated with high-efficiency CHP and renewable assets. They offer fast ramping, partial-load support, evening peak relief, useful heat recovery, and grid-support capability. Under CTBCM, such optimized industrial installations should receive gas at OGRA-prescribed SNGPL and SSGC tariffs, without the captive levy, where they support system optimization, renewable integration, and industrial competitiveness. @PakPMO @MoWP15 @MiftahIsmail @MusadaqZ @mukhtarkhurram @rehanjawed @Asad_Ashah @rogueonomist
Asim Riaz tweet mediaAsim Riaz tweet media
Asim Riaz@AsimRiaz1978

Analysis of ISMO Hourly System Marginal Price (SMP) Pakistan’s next power-sector reform priority should be to move from a megawatt-addition mindset to a system-optimization framework. The ISMO hourly SMP dataset shows that the central constraint is no longer only capacity availability, but the timing, flexibility, and deliverability of electricity. The early duck-curve signal is now visible: low-marginal-cost solar and must-run resources are pushing midday prices below nighttime levels, while the evening peak has become the system’s value zone. The 18:00 to 23:00 block is where dispatchable capacity, storage, demand response, ramping capability, and ancillary services carry the highest economic value. Scarcity is episodic, with less than 2% of hours exceeding Rs 40/kWh, but the daily ramping requirement is structural. SMP is therefore an important market signal, but it is not the consumer tariff. Pakistan’s affordability crisis remains driven largely by fixed-cost recovery, underutilized contracted capacity, T&D losses, weak recoveries, and legacy contractual obligations. The CTBCM framework must now evolve beyond basic bilateral energy trading into a deeper market architecture. It should price energy, congestion, balancing, reserves, deviations, and flexibility. ISMO’s development of transparent market dashboards is an important step toward a credible and rules-based wholesale electricity market. These dashboards should progressively cover hourly SMP, system demand, generation mix, marginal units, reserve margins, constrained dispatch, curtailment, imbalance prices, and ancillary-service procurement. NEPRA should use this information to strengthen dispatch discipline, market monitoring, transparency, and regulatory accountability. A competitive market cannot rely on price publication alone. It must provide clear, bankable, and auditable signals for investment and operations. Distributed solar policy must also evolve. Flat compensation for surplus midday exports risks creating artificial arbitrage and shifting fixed grid costs to non-solar consumers. Future solar incentives should prioritize self-consumption, storage-backed exports, time-sensitive net billing, smart inverter functionality, voltage support, and controlled exports during higher-value periods. Solar remains central to Pakistan’s energy transition, but its value must be aligned with timing, location, and grid-support capability.

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Rehan Javed 🤫
Rehan Javed 🤫@rehanjawed·
If surplus capacity is already acknowledged, then why are we still planning another major expansion cycle? IGCEP 2025–35 envisages installed capacity rising from ~39,600 MW to over 62,600 MW while projected FY35 peak demand in the rationalised scenario remains only around ~31–34 GW. On one hand, policymakers increasingly emphasise utilisation, transmission, storage, industrial demand growth and market reform over new procurement. On the other hand, the planning model still appears heavily centred around additional long-term capacity additions and commitments. This is the real concern. Without synchronized industrial growth, transmission readiness, CTBCM competition and realistic demand absorption, more MW can eventually translate into more fixed obligations for consumers. The question is no longer: “Can we build more power plants?” The question is: “Can consumers economically absorb and pay for what is already planned?” That distinction matters.
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Object Zero
Object Zero@Object_Zero_·
The Electricity Grid I post a lot of stuff about the electricity grid, here the CEO of the largest grid in America (PJM) lays it out pretty clearly. • What worked for 2 decades… no longer works • This is structurally different from history • You are facing an era of scarcity • The situation is not tenable PJM are facing a demand explosion. Now a demand explosion in some industries is +500% demand. But this is infrastructure, this is tens of trillions of dollars of assets and it takes time to mobilise and deploy things at this scale. In infrastructure, when demand growth shifts from +1-2%/yr to +8%/yr, then you suddenly need to be building 4-8 times more assets per year, than you previously did. If you were deploying $1 trillion / yr to grow at 1%, you now need to deploy $8 trillion / yr to grow at 8%. Suddenly you need to deploy many trillions of dollars per year to meet this growth. If you cannot get it done, prices will rocket for everyone. Failure leads to inflation. This is not a PJM problem, this is not even a US problem, this is a global problem. PJM are formally validating what some people have been saying for a while now. This is not temporary, we cannot uninvent the technologies that have precipitated this change. The world has changed and we must adapt. Global retail electricity sales are about $3.6 trillion per year, of that, around $900 billion goes to transmission and about $2.7 trillion goes to wholesale generation. The transmission system many developed countries have is the wrong system going forward. Our transmission systems in the West are built for transporting power from big coal plants to power big towns. That’s not what we are doing now. We have replaced most of the coal plants with two largely decentralised but highly correlated fleets of intermittent generators (wind and solar), that are growing like fracking wells because they are also quick to deploy. Their quickness to deploy new generation projects is massively destabilising for the grid. The grid was designed for coal plants. The grid is a $50 trillion machine. It is by far the biggest asset in any country. It isn’t something you can toss away, it isn’t something you can swap out overnight. We also have new categories of industrial demand (hyperscalers) that will capture an increasing share of GDP. This new demand category is going to set the marginal price of electricity for everyone else, and these guys are not as price sensitive as your widowed grandmother. This is a difficult problem to address because of: i) the scale ii) the capital intensity It’s also a global problem, because it’s born out of a new technological paradigm. It will not spread around the world at equal pace, but everywhere is going to eventually face it down. Some people are fleeing to space for solutions to avoid this snafu, but that’s only a temporary fix. Once the hyperscalers have their demand satisfied, the next demand explosion immediately follows, and this second wave is 20x the scale of the current problem. The second wave is how do you power billions and billions of robots and billions of autonomous machines, doing work that currently can’t be done? This industrial revolution is very much a two stage revolution, first you power up the chips, then you power up the actuators. Chips scale down, actuators scale up. There’s no Moore’s Law for actuators, they obey Newton’s Laws of motion instead. This is the crux of the energy problem facing our civilisation. The energy system we have today is the one we wanted 20 years ago. The energy system we will have in 20 years from now, is the one we start building today. It’s time to build this solution.
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Rehan Javed 🤫
Rehan Javed 🤫@rehanjawed·
Pakistan’s gas crisis is not just about shortages but flawed prioritisation, as highlighted in @rogueonomist article in Dawn. Indigenous gas is being curtailed, reducing LPG production, the primary fuel for low-income households and forcing reliance on costly imports. Meanwhile, pipeline pressures remain unstable and LNG is managed separately for higher-end use. The result is a distorted system where the poorest consumers face rising LPG prices and reduced access. Instead of protecting domestic gas and its by-products, current policies are increasing costs and deepening inequality in energy access. dawn.com/news/1997185#:…
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Samina khan
Samina khan@Saminakhan4000·
اسلام آباد منڈی میں تربوز لانے والا سب سے کم عمر کسان، صرف 11 سالہ بچہ، قادرآباد سے تقریباً 300 من تربوزوں سے بھرا ٹرک لے کر اسلام آباد آتا ہے، جہاں یہ مال بولی میں فروخت ہوتا ہے۔ اس کے والد صاحب گاؤں میں کھیتوں کی دیکھ بھال کرتے ہیں، فصل تیار کرواتے ہیں اور مال لوڈ کروا کر روانہ کرتے ہیں، جبکہ یہ ننھا کسان خود منڈی آ کر بولی کے ذریعے سودا فروخت کرتا ہے۔ ایسے بچے عمر میں چھوٹے مگر ہمت، سمجھداری اور ذمہ داری میں بہت بڑے ہوتے ہیں۔ کم عمری میں اتنا بڑا کاروبار سنبھالنا آسان کام نہیں۔ یہ بچے ثابت کرتے ہیں کہ محنت کرنے والوں کے لیے عمر نہیں بلکہ حوصلہ اہم ہوتا ہے۔ اللہ پاک ایسے محنتی بچوں اور ان کے گھر والوں کے رزق میں برکت عطا فرمائے۔ ہمیں چاہیے کہ ایسے محنت کش بچوں کی حوصلہ افزائی کریں اور ان کی جدوجہد کو سلام پیش کریں۔
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Rehan Javed 🤫
Rehan Javed 🤫@rehanjawed·
There are no heroes in a global oil shock. There is only a decision about who bears the pain, through which door, and on whose timeline. Every time oil prices spike, every government in the world faces the exact same impossible choice. Do you let the pain hit your citizens at the pump — or do you step in, absorb it, and protect them? Sounds noble. And it is. Until you ask the next question. Where does the money come from? Because here is the thing nobody says out loud — the shock never disappears. It just changes address. When a government absorbs a fuel price spike, it doesn't erase the cost. It moves it. From the consumer's wallet to the taxpayer's balance sheet. From this month's petrol bill to next year's deficit. From the pump to the public exchequer. India held fuel prices flat this year. Consumers were relieved. But Indian oil companies were absorbing Rs 24 of loss on every single litre sold. Their stocks crashed 24 to 30 percent in a single trading session. The fertilizer subsidy bill is now heading above Rs 2 lakh crore. The rupee hit a record low. Bangladesh kept diesel at Tk 100 while the real landed cost had climbed to Tk 198. The government was spending Tk 167 crore every single day just to hold that price. Pakistan passed the shock through to consumers. Petrol rose 55 percent. It was painful — genuinely painful — and I won't pretend otherwise. But Pakistan had nothing left to absorb it with. Five trillion rupees in circular debt already on the books. Only 5 to 7 days of crude reserves. An IMF program that refused levy relief. A tax base half the size of India's. The pump wasn't a policy choice — it was the last option standing. So here is the honest summary of what actually happened in 2026: India and Bangladesh — consumers won, taxpayers lost. Pakistan — taxpayers saved, consumers lost. .
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Miftah Ismail@MiftahIsmail

This table, prepared and tweeted by energy expert @AsimRiaz1978, shows different pathways Pakistan and our neighbours India and Bangladesh took in light of rising energy costs. One benefit of passing on higher costs to consumers is that demand slows. However even that has not happened in Pakistan, due to hoarding by oil companies and petrol pumps. Also unlike our neighbours, our refineries have made huge profits, as also written by @AnsarAAbbasi in his article yesterday. To summarise Asim sb’s findings, Pakistan has raised fuel prices by 50%, Bangladesh by 15% and India not at all. This is why our inflation increased to 11% in April and SBP raised interest rates to 11.5%.

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Rehan Javed 🤫@rehanjawed·
Dear All, Please understand a states national strategic oil reserves are not the one that are in tanks of oil refineries. Thank you for your attention to this matter ..
Asim Riaz@AsimRiaz1978

I have revised my earlier view and now believe Miftah Sahab’s position was correct. His approach reflected a wider understanding of the macroeconomic, fiscal, and energy-security implications of refining-sector policy. Below are key takeaways from the Integrated Energy Plan 2009–2022, which I studied closely in 2010 while working on the Integrated Energy Model. These findings remain highly relevant to Pakistan’s current petroleum security debate. 1. The Integrated Energy Plan 2009–2022 treats Pakistan’s oil, downstream oil, and refining sector as a strategic energy-security priority, not merely a commercial industry. It notes that refineries support petroleum supply security, defence requirements, pipeline infrastructure, employment, foreign-exchange savings, and oil-reserve storage. In 2007–08, five major refineries had 13.68 million metric tons of capacity, processed 11.69 million metric tons of crude, operated at about 85% capacity, and supplied nearly 64% of national petroleum demand (Energy Expert Group 2009, 56). 2. The report identifies hydro-skimming capacity as the core weakness of Pakistan’s refining sector. It recommends that existing refineries receive only time-bound support, linked to mandatory upgrades and expansion within a defined period (Energy Expert Group 2009, 21). 3. For future investment, the report recommends only deep-conversion refineries capable of producing higher-value petroleum and petrochemical products. It also discourages second-hand refineries unless they include secondary processing facilities (Energy Expert Group 2009, 21). 4. On downstream logistics, the report calls for liquid-fuel pipeline planning, development of Gwadar for oil imports, and linkage with the White Oil Pipeline network, including Mehmoodkot, Faisalabad, and Machike. It also highlights Port Qasim congestion, FOTCO’s full utilization, deeper draft, night navigation, and additional jetties (Energy Expert Group 2009, 21–22). 5. Most importantly, the report supports a Strategic Petroleum Reserve. It recommends strategic stocks of 30 days or more, separate from normal OMC and refinery inventories, with contingency planning for Strait of Hormuz closure due to war. This makes petroleum reserve development urgent for Pakistan’s current energy-security needs (Energy Expert Group 2009, 22). Reference: Energy Expert Group. 2009. Integrated Energy Plan 2009–2022. Islamabad: Economic Advisory Council, Government of Pakistan, Ministry of Finance. Where is the implementation?

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Rehan Javed 🤫@rehanjawed·
@akleghari genuine appreciation for moving swiftly to end load-shedding after the LNG cargo arrival and hydel increase. Well thought management of resources resulted in shielding consumers from costlier diesel generation during the shortage deserves credit. That said, three respectful requests for your urgent attention: 1️⃣ North-South Transmission Constraint: Sir, this remains the single biggest structural bottleneck in our power sector — cheap southern generation continues to be stranded while the north relies on expensive fuel. Resolving this would be a defining legacy. 2️⃣ Furnace Oil Surplus → FCA Relief: Furnace oil consumption ran well above reference during the crisis. Consumers would deeply appreciate if the resulting surplus levy collected is passed on as a discount in the upcoming FCA, rather than absorbed silently. 3️⃣ Revise the Indigenous Gas Allocation Policy: Sir, with spot RLNG landing at $17.99–$18.88/mmBtu, future FCAs face serious upward pressure. The gas allocation policy must be revisited — and power plants moved to Priority #1 for indigenous natural gas. This single reform would meaningfully dilute the impact of expensive RLNG on consumer tariffs. You've shown the will to act, Sir. These three steps would convert short-term relief into lasting reform. 🇵🇰 #Pakistan #Energy #PowerSector #FCA LNG supplies arrive, load-shedding ends: Leghari - Business Recorder share.google/i4hEVta6CYJzjE… @NEPRA5
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Asim Riaz
Asim Riaz@AsimRiaz1978·
Circular Debt: Pakistan Is Treating Symptoms, Not the Disease h/t @rehanjawed Pakistan’s power-sector circular debt has risen by another Rs 224 billion, increasing from Rs 1.614 trillion in June 2025 to around Rs 1.837 trillion by February 2026. This confirms that the sector is still managing symptoms through tariff increases, surcharges, subsidies, commercial borrowing, and one-off restructuring, while the underlying disease remains untreated. The core problem is not only high generation cost or capacity payments. It is the persistent failure of the distribution chain: electricity theft, weak recoveries, excess T&D losses, poor metering, political interference, and weak DISCO governance. Tariff increases alone cannot solve circular debt. If theft and under-recovery continue, every tariff increase simply raises the burden on compliant consumers while leaving the leakage untouched. The result is not cost recovery. It is cost transfer. The state is effectively converting theft and non-payment into a formal tariff burden for honest consumers. When stolen electricity, unpaid bills, and excess losses are absorbed into the uniform tariff, PHL surcharge, quarterly adjustments, or subsidies, honest consumers are forced to finance defaults elsewhere. This is a hidden tax on paying households, businesses, and industries. The numbers show the scale of the bleed. DISCO losses remain above allowed benchmarks. Poor recoveries add further pressure. Theft through illegal connections, meter bypassing, and weak enforcement remains difficult to quantify accurately because stolen units are neither properly metered nor billed. This is why the sector remains financially unstable despite repeated reforms. Generation capacity has improved, but distribution discipline has not. Pakistan has added plants, raised tariffs, and restructured debt, but has not fixed the point where money actually enters the system: the consumer billing and recovery chain. The reform agenda is therefore clear. Circular debt must be treated as an enforcement and governance failure, not only as a liquidity problem. Anti-theft action, loss reduction, smart metering, feeder-level accountability, private participation, and stronger DISCO governance must become the centre of reform. Legal reform under Section 462-O PPC is essential. Electricity theft must be treated as a serious punishable offence, not as a negotiable local dispute. The required framework should include direct FIR registration by empowered DISCO officers, cognizable and non-bailable classification, police action without political obstruction, non-compoundable offences, dedicated utility courts, and time-bound case disposal. But legal reform will work only if backed by political will. Many elected representatives hesitate because strict enforcement creates local voter backlash. That hesitation may be politically understandable, but economically it is destructive. Protecting theft today means punishing paying consumers tomorrow. The real reform question is simple: Can Pakistan protect honest consumers before protecting local political convenience? Pakistan does not lack generation capacity or policy documents. It lacks sustained enforcement at the distribution level. Until theft, under-recovery, and DISCO governance failures are tackled at source, every circular debt reduction will remain temporary, every tariff increase will punish the wrong consumer, and every reform package will eventually leak back into another debt cycle.
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Rehan Javed 🤫@rehanjawed·
Circular debt continues to rise (another Rs 224 billion), which clearly shows the system is not addressing its core issue — theft and under-recovery. Instead of fixing this, losses are built into the uniform tariff, or paid as phl surcharge by consumers , so the burden shifts to those who actually pay. That is neither fair nor sustainable. The logical solution is straightforward: strengthen enforcement so electricity theft is treated as a real, punishable offence — with proper FIRs, action, and timely resolution. However, one key challenge remains: Many MNAs and MPAs are reluctant to support strict enforcement because of local political pressures and voter considerations. This hesitation, while understandable politically, ends up delaying a reform that benefits the entire system. The real question is: Can we collectively move towards a system where protecting honest consumers is prioritized over short-term political considerations? A balanced, well-communicated reform can improve recoveries, reduce circular debt, and ensure fairness — without increasing tariffs on those who already pay.
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Ali khizar
Ali khizar@AliKhizar·
Some to benefit from high oil prices (especially diesel) Refineries in Pakistan are making killing profits Cynergy's reported Rs14 billion profit in the quarter ending March 2026 (perhaps the best ever) while its Rs10 billion for Pakistan refinery
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Crazy Vibes
Crazy Vibes@CrazyVibes_1·
He was paid millions to play a miserable man — and couldn't tell where the character ended and he began. When the creators of House M.D. were casting in 2004, they wanted someone quintessentially American. British actors, they believed, couldn’t pull off the accent convincingly. They weren’t even looking overseas. Thousands of miles away in Namibia, Hugh Laurie was filming a movie and heard about the role. He couldn’t fly to Los Angeles. He couldn’t walk into a polished audition room. So he went into his hotel bathroom — the only space with enough light — propped up a camera, grabbed an umbrella as a cane, and recorded two scenes. He sent the tape, apologizing for how rough it looked. Executive producer Bryan Singer watched it and was captivated. He had no idea Laurie was British. That tape changed everything. The pilot drew seven million viewers. Respectable. Not earth-shattering. But over the following seasons, House became a global phenomenon. Laurie became the most-watched leading man on television, according to Guinness World Records. What nobody saw was the weight he carried. For eight seasons, Laurie worked sixteen-hour days. He was in nearly every scene. Los Angeles on set, London with his wife and three children — six thousand miles apart for nine months each year. The isolation crept in slowly. Laurie had battled depression since his youth, seeking help in 1996. The relentless schedule made it worse. He described “very, very black days” on set, a feeling of being exposed and trapped. The irony was impossible to ignore. Here was a man grappling with darkness, praised for playing a character defined by misery. The line between Hugh and House blurred with every episode. He kept his American accent between takes. Rode his Triumph Bonneville at dawn, finding brief freedom in speed and air rushing over him. But he never walked away. Eight seasons, 177 episodes. He stayed because it was the role of a lifetime. When House ended in 2012, Laurie stepped back. Music called. He released blues albums, toured with a band, and returned to acting on his terms — smaller, stranger roles, a Golden Globe-winning turn in The Night Manager. He didn’t disappear. He just stopped running on someone else’s clock. Playing House was like carrying a heavy, beautiful stone. You can’t set it down. But you can’t ignore its weight. Sometimes the greatest performances come from people who have lived the pain they portray. Laurie didn’t act misery. He understood it.
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Miftah Ismail
Miftah Ismail@MiftahIsmail·
Correction: I have just been informed by my friend and eminent journalist @81ShahbazRana that they have changed the formula. I was misinformed earlier this afternoon. So the new formula that I have been proposing for diesel has been applied and it has saved consumers money. Shahbaz Rana says but for this new formula the price would have been much higher. Wish the govt had listened to me earlier rather just arguing with me, but I am glad they have listened to me now.
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Shahbaz Rana
Shahbaz Rana@81ShahbazRana·
The good thing in this episode is that Miftah Ismail did not do politics for the sake of politics. The Govt welcomed a rational voice irrespective who was saying this. Petroleum Minister wisely handled the issue and resolved it in an amicable manner instead of coercing refineries. People benefited from the reduction, although diesel prices are still high, which is not in the government’s control.
Miftah Ismail@MiftahIsmail

Correction: I have just been informed by my friend and eminent journalist @81ShahbazRana that they have changed the formula. I was misinformed earlier this afternoon. So the new formula that I have been proposing for diesel has been applied and it has saved consumers money. Shahbaz Rana says but for this new formula the price would have been much higher. Wish the govt had listened to me earlier rather just arguing with me, but I am glad they have listened to me now.

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Rehan Javed 🤫@rehanjawed·
Recommendation: Mandate a nationwide battery swapping ecosystem for electric motorcycles like Thailand and other countries, do not distribute licenses without mandatory obligation of installation of battery swapping terminals for bikes , here is why : Every licensed OEM must deploy swapping stations across its sales footprint, and only standardized swappable battery platforms (with dual-mode: home charging + swapping) should be approved. Why this will fail with bikes (if not done): • Charging time ≠ refueling time → daily mobility disruption • No interoperability → fragmented market, stranded users • High load on residential feeders → grid stress at scale • Commercial riders cannot afford downtime → low adoption Without swapping, EV retrofits for bikes will remain policy on paper, not a scalable fuel-import solution. PM briefed about policy: EV retrofits to help cut fuel imports - Business Recorder share.google/l9moWecH0xx2EB… @CMShehbaz @akleghari @jam_kamal @PakPMO @motasim
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