Author: Admin

ECC Approves Rs6.61bn for Thar Coal Rail Connectivity Project, Revises Low-Cost Housing Scheme

Admin
New-Economic

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet has approved Rs6.61 billion as a Technical Supplementary Grant (TSG) for the Thar Coal Rail Connectivity Project, reinforcing the government’s commitment to strengthening energy infrastructure and reducing dependence on imported fuels. The meeting, chaired by Federal Minister for Finance and Revenue Muhammad Aurangzeb, reviewed multiple proposals, including a summary from the Railways Division seeking budgetary cover for the strategic rail project. The Thar Coal Rail Connectivity Project aims to facilitate the transportation of indigenous coal from Thar to power plants and…

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Energy Week in Riyadh 2026 to Unite Global Leaders for Strategic Energy Dialogue

Admin
New-Project74

Riyadh, Saudi Arabia: Riyadh is set to become the epicenter of global energy dialogue as Energy Week in Riyadh convenes ministers, policymakers, CEOs, investors, and technical experts from 26–30 April 2026. The landmark gathering will align multiple high-level international and regional platforms within a single coordinated framework, fostering policy dialogue, market exchange, and cross-sector collaboration at a pivotal time for the global energy system. Held in tandem, the 25th WPC Energy Congress will take place in the Kingdom for the first time in its 93-year history under the theme “Pathways…

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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

Admin
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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