Pakistan Energy Sector
PAEC Foundation Signs Contract for 5MW Hydropower Plant at Chashma
The Pakistan Atomic Energy Commission (PAEC) Foundation has signed a contract to establish a new 5-megawatt hydropower plant at the Chashma nuclear power complex, marking another step toward expanding clean electricity generation. The project, known as Foundation Hydel Power Plant Unit-05 (FHPP-05), will be constructed at the outfall of the Chashma-5 Nuclear Power Plant. It […]
Hub Power FY26 Profit Rises to Rs. 48.6 Billion on Stronger BYD Contribution
Hub Power Company Limited (PSX: HUBC) has reported a strong financial performance for fiscal year 2026, with its profit after tax (PAT) reaching Rs. 48.6 billion. The result represents an 8 percent increase from the Rs. 46 billion recorded in the previous fiscal year. The improved annual earnings were supported by stronger contributions from the […]
Electricity Consumers May Get Only Minor Relief After Upcoming Tariff Adjustments
Pakistan’s electricity consumers could experience only limited relief in upcoming power tariff revisions as separate increases and decreases in electricity prices are expected to largely offset each other. According to official estimates shared by the Power Division, the quarterly adjustment for June 2026 may reduce electricity tariffs by Rs. 1.93 per unit. The proposed reduction […]
Government Ends Free Electricity Units for Power Sector Employees in Landmark Reform
In a significant policy shift, Pakistan’s Power Minister Awais Leghari has announced the abolition of free electricity units previously granted to power sector employees. The decision, described as a major reform, follows approval from the Lahore High Court and marks a turning point in the country’s energy governance. The minister shared the development on social […]
Energy Crisis May Create Opportunity to Revive Pakistan’s Local Oil and Gas Industry
Rising global oil prices and ongoing supply disruptions could present Pakistan with an opportunity to strengthen its domestic oil and gas sector, according to a new research report by Topline Securities. The analysis suggests that the current energy situation may encourage policymakers to focus on increasing local production and reducing reliance on imported fuel. The […]