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Pakistan's Power Division has finalised Pak-IEM 2.0 — the country's first integrated energy planning model on the TIMES-VEDA framework, built with Germany's GTZ. Under the Net Zero pathway, renewables become the main contributor to power generation and emissions fall ~50% by 2050.
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.
The federal government and Karachi consumer groups formally opposed K-Electric's Rs 60 billion backdated End-of-Term adjustment claims at a NEPRA public hearing on Tuesday. NEPRA acknowledged the legal basis for the adjustments under the 2017–23 MYT framework but did not issue a final determination.
Altern Energy Limited has terminated several key agreements with the Government of Pakistan and CPPA-G, the state body responsible for bulk electricity procurement. The move adds to growing tensions between Pakistani authorities and independent power producers over capacity payments, circular debt, and ongoing contract renegotiations.
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.