The Tarbela 5th Extension Hydropower Project (T5) has reached a key milestone in the Water and Power Development Authority (WAPDA)’s efforts to access international carbon markets, marking a significant step toward climate-focused financing. The project is projected to reduce approximately 565,905 tons of CO₂ emissions annually, contributing to a total reduction of over 5.65 million tons during its fixed 10-year crediting period. The verification process has now commenced, and upon successful completion, the project will be registered with the Global Carbon Council (GCC), making it Pakistan’s first hydropower initiative to…
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WAPDA Awards Rs. 640 Million Contract for School Construction in Upper Kohistan
May 2, 2026: The Water and Power Development Authority (WAPDA) has awarded a contract worth Rs. 640 million for the construction of two government schools in Seo Village, located in the Upper Kohistan District of Khyber Pakhtunkhwa. The project includes the establishment of a primary school and a high school under the Local Area Development Programme of the Dasu Hydropower Project, as part of WAPDA’s Corporate Social Responsibility (CSR) initiatives. The effort aims to uplift educational standards in this remote and underdeveloped region. The contract signing ceremony was held at…
Read MoreMurad Shah unveils plan for affordable power through provincial grid, invites Danish investment in green energy
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…
Read MoreGovernment Increases Petrol and Diesel Prices
The price of high-speed diesel has been increased by Rs. 19.39 per liter. The price of petrol has been increased by Rs. 6.51 per liter.
Read More12 IPPs with 2,577MW Capacity to Retire Over Next Decade: Power Division
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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