The inaugural player auction for PSL 11 wrapped up in Lahore, marking a bold move from drafts to auctions as announced by the PCB last month . Fast bowler Naseem Shah fetched the highest price, joining Team Rawalpindi for Rs86.5m after intense bidding. Other stars like Fakhar Zaman (Lahore Qalandars, Rs79.5m) and David Warner (Karachi Kings, Rs79m) drew big money, while the league expands to eight teams with newcomers Hyderabad and Sialkot. The tournament runs March 26 to May 3 – expect fireworks! For complete coverage, check Dawn’s full report . 2 “LARGE” Top Bids and Surprise Deals Naseem Shah (Rawalpindi) : Rs86.5m – Auction’s crown jewel, outbidding Karachi and Islamabad. Fakhar Zaman (Lahore Qalandars) : Rs79.5m – Retained star after Peshawar push. David Warner (Karachi Kings) : Rs79m – Aussie firepower amid Zalmi rivalry. Faheem Ashraf (Islamabad United) : Rs85m All-rounder steal from base Rs42m. Haris Rauf (Lahore Qalandars) : Rs76m Pace ace reclaimed over Rawalpindi. ...
NEPRA has introduced the (Prosumer) Regulations 2026, effectively ending the one-to-one net metering system established in 2015. Under the new “net billing” framework, utilities like Discos will buy excess solar power from households and businesses at the national average energy purchase price potentially as low as Rs11 per unit while charging full consumer tariffs up to Rs50 per unit for supplied electricity. This shift could burden solar adopters with higher net payments, as the buyback rate drops from the current Rs25.9. Existing contracts remain intact until expiry, but renewals must comply with the new rules, including a reduced five-year term from seven. Key Restrictions and Application Process System sizes are capped at 1MW and tied to sanctioned load, with no new setups if transformer generation hits 80% capacity. Larger systems (250kW+) require load flow studies, and all interconnection costs fall on prosumers, plus a Rs1,000/kW fee. Applications must be processed quic...