Day: December 27, 2025

the demand for energy storage in Pakistan continued to grow. Frequent power outages and an unstable grid have made reliable, efficient, and smart energy storage solutions increasingly essential for households and businesses. At the same time, with the growing adoption of solar PV systems and supportive renewable energy policies, energy storage has become a key solution for improving energy autonomy and stability.To meet these diverse market needs, we launched a range of innovative products designed to help Pakistani users achieve clean, efficient, and safe electricity usage.In the residential segment, we…

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KARACHI: K-Electric (KE) and Pak Suzuki Motor Company Ltd have signed an agreement for the construction of a dedicated 132kV grid station at Pak Suzuki’s manufacturing facility in Karachi to ensure a reliable and efficient power supply. According to KE, the new grid station will provide up to 20 megawatts (MW) of electricity, supporting Pak Suzuki’s expanding production requirements. The initiative underscores KE’s commitment to facilitating industrial growth by offering dependable and high-quality power solutions. The agreement also reflects growing confidence among industrial consumers in KE’s system reliability and cost…

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ISTANBUL: Turkiye’s Energy Minister Alparslan Bayraktar has said that Russia has provided new financing worth $9 billion for the Akkuyu nuclear power plant, which is being constructed by Russia’s state-owned nuclear energy company Rosatom. Ankara now expects the country’s first nuclear power plant to become operational in 2026. The $20 billion Akkuyu project, located in the Mediterranean province of Mersin, is being built under a 2010 bilateral agreement. Originally scheduled to start operations this year, the project has faced delays. Briefing local reporters in Istanbul, Bayraktar said the new financing…

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ISLAMABAD: In a significant shift in policy, the government is now considering offering only the Gujranwala Electric Power Company (GEPCO) for outright privatisation, while Islamabad Electric Supply Company (IESCO) and Faisalabad Electric Supply Company (FESCO) are likely to be offered under long-term concession agreements, well-informed sources told Business Recorder. The Privatisation Commission (PC) is finalising the transaction model for power distribution companies (DISCOs), with Letters of Intent (LoIs) expected to be issued in January 2026. Earlier, the government had planned to privatise GEPCO, IESCO and FESCO outright in the first…

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Dynea Pakistan Limited has approved the expansion of its wind energy project at Hub, Balochistan, increasing the planned capacity to 2.5MW from the earlier proposed 1.1MW, as part of its strategy to improve efficiency and advance sustainability goals. In a notice to stakeholders, the company said its Board of Directors had authorised the revised project size to achieve better economies and operational efficiency. The initiative remains subject to regulatory approvals and the finalisation of contractual arrangements, including the Engineering, Procurement and Construction (EPC) agreement, which is currently under process. The…

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