Author: Admin

National Power System Records Highest-Ever Generation in January Despite Adverse Conditions

Admin

Islamabad: The Power Division notes recent media coverage regarding electricity pricing and wishes to place on record the exceptional performance of the national power system in January 2026. Despite challenging network and hydrological conditions, including canal closures, fog-induced transmission line trippings in northern and southern regions, and the cold wave , the system achieved its highest-ever January peak generation of 16,584 MW and an average generation of 12,239 MW. Actual generation stood at 9,106 GWh against a reference projection of 7,962 GWh, surpassing the projection by approximately 14%. This represents…

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Mughal Energy 36.5MW plant moves toward commercial operations

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New-Project6

Mughal Energy Limited, a wholly-owned subsidiary of Mughal Iron & Steel Industries Limited, said on Thursday it had successfully achieved a key milestone in the development of its 36.50 MW hybrid power plant, with the successful completion of steam blowing of the boiler and main steam lines.The company shared the information in a notice to the Pakistan Stock Exchange (PSX) today.“The plant has also successfully achieved controlled cooling-down procedures following steam blowing.The plant is now undergoing final testing and safety measures to commence power generation and commercial billing within March…

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HUBCO’s Gharo plant set to come online in second half of 2026, eyes 25,000 vehicles annually

Admin
Hubco-Project

Hub Power Company Limited (HUBCO), Pakistan’s largest independent power producer (IPP), is set to launch its new CKD car assembly plant in Gharo, Sindh, in the second half of 2026, targeting an annual production capacity of 25,000 units.Topline Securities, which attended the management meeting of HUBCO, shared the development in its report on Thursday.During the meeting, HUBCO said that for the CKD car assembly plant in Gharo, the financial close for the greenfield project was achieved in January 2026.“The project includes a foreign lender, British International Investment, holding approximately a…

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KAPCO announces CEO change as Shahab Qader Khan resigns

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New-KAPCO

Kot Addu Power Company Limited (KAPCO) has appointed Muhammad Masood as the acting chief executive in place of Shahab Qader Khan.The listed IPP disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday.“Shahab Qader Khan, chief executive officer, has resigned with effect from February 26, 2026. Muhammad Masood has been appointed as the acting chief executive officer till further notice,” read the notice.Muhammad Masood serves as GM Finance and CFO of KAPCO.Meanwhile, Shahab Qader Khan was appointed CEO of KAPCO on January 22, 2025.KAPCO was incorporated in Pakistan…

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Increased per-unit power costs: Nepra report identifies reason

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Nepra-KE-1

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has stated that underutilization of power plants, combined with excess installed capacity, significantly increased per-unit electricity costs during FY 2024–25, primarily due to higher capacity payments.The regulator emphasized that a balanced generation mix and improved system efficiency are essential to reduce electricity tariffs.In its Performance Evaluation Report of Operational Power Plants for FY 2024–25, NEPRA reviewed capacity utilization, generation costs, and operational efficiency under both the CPPA-G and K-Electric (KE) systems.Although the interconnection between the National Grid and KE was energized in…

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