KARACHI: Sindh Energy Minister Syed Nasir Hussain Shah has announced that the Sindh Energy Holding Company Limited (SEHCL) has successfully achieved its revenue target of Rs113 million for the financial year 2024–25.
Chairing a high-level meeting of SEHCL on Tuesday, the minister revealed that a higher revenue target of Rs266 million has been set for the fiscal year 2025–26. SEHCL’s Chief Operating Officer, Tufail Ahmed Khoso, informed the meeting that the company expects to maintain an annual profit of Rs250 million over the next four years, driven by strategic investments.
In a significant development, SEHCL’s investments in the oil and gas sector grew from Rs34 million in 2023–24 to Rs105 million in 2024–25, marking a 209% increase year-on-year.
Minister Shah directed that future investments be limited to projects with guaranteed profitability and low risk. He also ordered the submission of a comprehensive investment proposal summary to the Chief Minister for strategic guidance.
Stressing transparency and fairness, he directed that all future recruitments be based strictly on merit, with preference given to qualified local candidates. In the absence of suitable local applicants, appointments should be made on merit from nearby districts.
