Wednesday, May 20 2026

Govt invites bids for privatisation of FESCO, GEPCO, IESCO
The government has invited expressions of interest (EOIs) from local and foreign investors for the privatisation of three major power distribution companies, Faisalabad Electric Supply Company, Gujranwala Electric Power Company and Islamabad Electric Supply Company, as part of its broader energy sector reform agenda. According to a statement issued by the Privatisation Commission of Pakistan on Tuesday, investors will have the opportunity to acquire between 51 percent and 100 percent shareholding along with management control in each of the three distribution companies. The commission said the move is aimed at improving operational efficiency, enhancing service delivery, attracting domestic and foreign investment, and promoting sustainable growth in the country’s power sector.
Related news categories: business economic-indicators power-gen-dist

Pakistan's power generation down 10% in April as hydel generation dips
Power generation in Pakistan reached 9,498 GWh in April 2026, down 10% YoY from April 2025. Back in April 2025, power generation stood at 10,513 GWh. The decline comes on the back of a significant reduction, i.e. 10% in hydel generation during the month. On a monthly basis, power generation jumped by 6% as compared to 8,939 GWh in March 2026. In the first ten months of FY26 (July-April), power generation increased by 2% YoY to 102,628 GWh, up from 100,660 GWh in the SPLY. On the other hand, the total cost of generating electricity in Pakistan decreased by 5% year over year, reaching Rs9.4/kWh in April 2026, down from Rs9.9/kWh in the same period last year.
Related news categories: business economic-indicators power-gen-dist

Tuesday, May 12 2026

LSE SPAC-I acquires 19.04% stake in Ningbo Green Light Energy
LSE SPAC-I Limited said on Tuesday that following its successful IPO, it had paid Rs230 million for the acquisition of 19.04% equity stake in Ningbo Green Light Energy Limited. The company informed the Pakistan Stock Exchange today. Ningbo Green Light Energy Limited is a leading solar energy solutions provider and EРС company in Pakistan, partly owned by Ningbo Green Light Energy Group Company Limited, said the notice. READ MORE: SECP approves IPOs of Sitara Petroleum, LSE SPAC-I There has been a growing shift towards alternative energy sources in Pakistan, especially solar, which has become increasingly popular among residential and commercial sectors. The South Asian nation of about 224 million people depends heavily on imported oil and liquefied natural gas, leaving it vulnerable to global price swings.
Related news categories: business economic-indicators power-gen-dist