Year: 2026

Murad Shah unveils plan for affordable power through provincial grid, invites Danish investment in green energy

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Sindh eyes cheaper electricity for households and industry, expands cooperation with Denmark on wind energy and coastal development KARACHI (May 1): Sindh Chief Minister Syed Murad Ali Shah outlined an ambitious plan to generate and distribute affordable electricity through a provincial transmission and distribution framework, aiming to provide relief to domestic consumers and boost industrial growth across the province. He shared this vision while meeting Danish Ambassador Maja Dyrberg Mortensen at the CM House, where both sides discussed strengthening bilateral cooperation, investment opportunities, renewable energy, and environmental sustainability. The chief…

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12 IPPs with 2,577MW Capacity to Retire Over Next Decade: Power Division

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ISLAMABAD: The Power Division has announced that 12 Independent Power Producers (IPPs) with a combined capacity of 2,577MW are scheduled to retire over the next 10 years as part of Pakistan’s evolving power sector landscape. According to the ministry, IPP agreements are structured around commissioning timelines and system requirements, making it neither technically feasible nor commercially viable to terminate all contracts simultaneously. These agreements are typically reviewed upon completion, with some plants retiring while others may receive extensions to maintain grid stability and ensure reliable electricity supply. A spokesperson emphasized…

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Hydropower Output Hits 6,000MW, Easing Load Pressure: Power Division

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ISLAMABAD: Pakistan’s Power Division reported a notable improvement in electricity supply as hydropower generation reached 6,000MW during peak hours, against a total installed hydel capacity of 11,500MW. The increase in generation was supported by enhanced water flows and the availability of indigenous gas for power plants, which helped stabilize the national grid. According to officials, improved supply from the southern region contributed significantly, with around 500MW transmitted to the national grid and an additional 100MW added to overall system capacity. A spokesperson stated that limited load management of 25 minutes…

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EIB Eyes Stake in Reko Diq as Pakistan Clarifies Mineral Potential

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ISLAMABAD: The European Investment Bank (EIB) has expressed interest in investing in Pakistan’s multibillion-dollar Reko Diq Project, potentially in exchange for access to critical mineral supplies, as officials seek to attract foreign investment into the strategic mining sector. Speaking at the EU-Pakistan Business Forum, Dr. Nawaz Ahmed Virk, Director General of Minerals at the Ministry of Energy, dismissed claims that Pakistan holds $6 trillion worth of mineral reserves, calling the figure “highly exaggerated” and not based on comprehensive exploration. However, he emphasized that the country still possesses significant untapped mineral…

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