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Federal and provincial energy policy — Power Division decisions, IGCEPs, IMF conditions, and the regulatory frameworks shaping the next decade.
48 stories · Page 5 of 5
Sindh CM Murad Ali Shah has invited Chinese investors to back solar, industrial power-system, and renewable-energy projects across the province — pitching Karachi as a regional hub where industrial growth and decarbonised power must be financed together.
Pakistan's Public Accounts Committee has directed the Cabinet Division to submit a full inquiry report on Nespak's alleged multi-billion rupee irregularities, centred on the Rs 43 billion Neelum Jhelum Hydro Power Project. Auditors estimate Rs 42.9 billion in losses from the project, which has been unable to generate power since a second tunnel collapse in May 2024.
Pakistan has finalised a Technical Allowance for engineers in NEPRA, NTDC, the Discos, and other power-sector bodies — a workforce reform aimed at slowing the brain drain to Gulf employers.
Pakistan and Norway have signed an Article 6.2 carbon trading agreement worth up to USD 200 million — the first bilateral climate-finance deal targeting Pakistan's power sector decarbonisation.
PM Shehbaz has directed reallocation of the Rs. 1.5 trillion PSDP toward well-performing ministries — a category that increasingly favours transmission, grid modernisation, and renewable integration projects.
Pakistan's Privatisation Commission has invited bids for FESCO, GEPCO, and IESCO — three Discos serving 14 million consumers. It's the largest power-sector divestment Pakistan has attempted since the 1998 WAPDA unbundling.
The IMF has flagged Pakistan's 81 per cent reliance on Gulf fuel imports as its most serious external economic risk following the release of a $1.1 billion programme tranche. Energy pricing has been listed as a prior action for completing the IMF review, signalling that domestic fuel and electricity costs are likely to rise in the months ahead.
Prime Minister Shahbaz Sharif has established a national task force to formulate Pakistan's first waste-to-energy policy, with Power Division Minister Sardar Awais Leghari serving as convener. The body includes federal and provincial ministers, secretaries from all four provinces, and private sector representatives tasked with identifying barriers and proposing legislation for the sector.