Day: October 4, 2025

ISLAMABAD: The Power Division informed the National Assembly on Friday that Pakistan continues to face a surplus in power generation capacity, while actual utilisation of the national grid remains significantly low. Responding to a question raised by Shagufta Jummani, the Ministry of Energy (Power Division) stated that capacity payments to power producers remain fixed regardless of grid usage, meaning that lower electricity consumption increases per-unit costs for existing consumers. To address this challenge, the ministry revealed plans to introduce a surplus power package for industrial and agricultural sectors, aligned with…

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Bonn/Beijing, 3 October 2025: The World Wind Energy Association (WWEA) and the Chinese Wind Energy Association (CWEA) have released the programme outline for the upcoming 22nd World Wind Energy Conference (WWEC2025), scheduled to take place from 3–5 December 2025 in Shantou City, Guangdong Province, China. Themed “Empowering the Future with Wind Energy: Innovation, Collaboration, and Sustainable Growth,” the event will bring together global experts, policymakers, and industry leaders to explore pathways for accelerating wind energy deployment worldwide. The conference will open with a forum on global wind market trends, featuring…

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KARACHI: In a bid to counter the impact of rising fuel and energy costs, Artistic Denim Mills Limited (ADML) — one of Pakistan’s leading textile manufacturers — has accelerated its shift toward renewable energy. The company has successfully commissioned a 2.32-megawatt (MW) solar power plant and begun installation work on an additional 2.57MW project, scheduled for completion in the first quarter of FY2025-26, according to its annual report submitted to the Pakistan Stock Exchange (PSX). The initiative comes as Pakistan’s textile sector, a major contributor to exports, GDP, and employment,…

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ISLAMABAD: The Hub Power Company Limited (Hubco) has urged the Power Division to expedite the issuance of an official gazette notification in accordance with the amended agreement for Narowal Energy Limited (NEL), as the Central Power Purchasing Agency (Guarantee) Limited (CPPA-G) has reportedly stopped accepting NEL’s invoices. In a letter addressed to the Power Division—also copied to the National Electricity Task Force, Army Air Defence Command Westridge-III, Rawalpindi, and CPPA-G’s Chief Executive Officer, Rihan Akhtar—Hubco’s Chief Financial Officer, Muhammad Saqib, referenced the company’s earlier correspondence dated April 4, 2024. Hubco…

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ISLAMABAD: The Sindh government has decided to appoint a Transaction Advisor to oversee the transfer of ownership of two Sindh-based power distribution companies — Hyderabad Electric Supply Company (HESCO) and Sukkur Electric Power Company (SEPCO) — to the provincial government under a long-term concession model, following comprehensive due diligence, official sources told Business Recorder. The decision was formally conveyed to the Power Division in response to a letter from Secretary Power Division, Dr. Fakhre Alam Irfan. In January 2025, Prime Minister Shehbaz Sharif had directed the Power Division to pursue…

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