ISLAMABAD, July 24, 2025: Three electricity distribution companies—Islamabad Electric Supply Company (Iesco), Faisalabad Electric Supply Company (Fesco), and Gujranwala Electric Power Company (Gepco)—are set to be privatised by the end of December 2025, officials from the Power Division confirmed during a meeting of the National Assembly’s Standing Committee on Economic Affairs. Chaired by MNA Muhammad Atif Khan, the committee was informed that the privatisation of these three Discos is in its final stages. Additional Secretary Power Division Mehfooz Bhatti stated that due diligence is nearly complete, a financial advisor has…
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Bunny’s Limited Shifts to Renewable Energy, Targets 1MW Solar Capacity to Slash CostsCompany also adopts biogas to reduce fuel expenses by 30%
ISLAMABAD, July 24, 2025: Bunny’s Limited, a leading Pakistani bakery goods manufacturer, has announced a phased transition to renewable energy, with plans to scale up its solar power generation capacity to 1 megawatt (MW). The initiative aims to significantly cut electricity costs and enhance profitability. In a filing to the Pakistan Stock Exchange (PSX) on Thursday, the company revealed it has already completed the first phase by installing a 200KVA solar panel system, expected to reduce electricity bills by 15%. Phase two will see solar capacity expanded to 1MW, which…
Read MoreNA Committee Voices Concern Over Privatisation of Profit-Making DiscosSurplus power generation, fossil fuel reliance, and regional funding disparities also flagged
ISLAMABAD, July 24, 2025: The National Assembly’s Standing Committee on Economic Affairs Division (EAD), chaired by MNA Muhammad Atif, raised serious concerns on Wednesday over the government’s plan to privatise profitable power distribution companies (Discos), including Islamabad Electric Supply Company (Iesco), Gujranwala Electric Power Company (Gepco), and Faisalabad Electric Supply Company (Fesco). Lawmakers questioned the rationale behind targeting well-performing Discos with minimal transmission and distribution losses for privatisation. They also expressed alarm over the country’s power surplus—estimated at 7,000–8,000 MW—causing financial strain on the national budget due to capacity payments…
Read MorePM Shehbaz Halts Anti-Net Metering Campaign for Third TimeMove comes ahead of any formal proposal on tariff revision; 6,500 MW capacity already installed under net metering
Prime Minister Shehbaz Sharif has once again halted the government’s campaign against Pakistan’s net metering policy — marking the third time such a directive has been issued. This decision was taken even before a formal summary proposing changes to the purchase price was submitted to the Prime Minister’s Office. A senior Power Division official disclosed that earlier directives were issued to coordinate a media narrative through the Ministry of Information and Broadcasting for eventual cabinet review. However, instructions from the PM’s Office have now called for a pause in the…
Read MoreFederal Minister Visits K-IV Project, Reaffirms Commitment to Timely CompletionRs. 86.4 billion spent so far; Phase-I to deliver 260 MGD water by 2026
Karachi, July 24, 2025: Federal Minister for Water Resources, Mian Muhammad Mueen Wattoo, visited the Greater Karachi Bulk Water Supply Scheme (K-IV Project) to assess the progress of ongoing development work. He was accompanied by Parliamentary Secretary Ms. Rana Ansar, Sindh Energy and Planning Minister Syed Nasir Hussain Shah, Nehal Hashmi, and WAPDA Chairman Naveed Asghar Chaudhry. Member Water Syed Ali Akhtar Shah, GM/PD K-IV Amir Mughal, along with representatives of consultants and contractors, were also present. The Minister inspected key work sites including the intake structure and pumping stations…
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