ISLAMABAD: Pakistan’s energy sector is entering a new phase of reform and revitalization, driven by key initiatives under the Special Investment Facilitation Council (SIFC) aimed at achieving self-reliance, reducing circular debt, and attracting large-scale investments in power generation and resource exploration.
According to SIFC officials, a comprehensive strategy is underway to curb circular debt through policy-level reforms designed to stabilize the sector, enhance financial discipline, and restore investor confidence.
To meet regional energy demands, major power projects are advancing in Sukkur and southern Sindh, while new hydro and solar energy ventures — supported by Saudi Arabia and China — highlight Pakistan’s ongoing transition toward clean and sustainable energy.
Officials further revealed that Shanghai Electric has initiated significant investments in the Thar coal block, while brownfield refinery upgrades are being implemented to increase domestic fuel output and lessen dependence on imported oil.
In a significant breakthrough, new gas reserves have been discovered in Mari Petroleum, Attock, Waziristan, and Dadu, marking a key milestone toward energy self-sufficiency.
SIFC representatives emphasized that the council’s strategic interventions and investor facilitation measures have placed Pakistan’s energy sector firmly on the path of development, sustainability, and long-term independence.
Story by Nuzhat Nazar