Lucky Cement Consortium Submits EOI, Cleared For FESCO Due Diligence
A consortium led by Lucky Cement, with Hub Power Holdings, Kohat Cement and Metro Ventures, has been pre-qualified to conduct financial, technical and legal due diligence on FESCO as part of the government’s privatisation process.
Pakistan Power Sector Prepares for Summer Load-Shedding and Tariff Hikes Amid Global Energy Crisis
Pakistan faces a challenging summer as the Power Division develops a hybrid strategy of load-shedding, mandatory conservation, and fuel price adjustments due to the Middle East conflict.
Foreign Investors Repatriate $1.68bn from Pakistan in 7MFY26, Power and Financial Sectors Lead Outflows
Foreign investors repatriated $1.68 billion in profits and dividends from Pakistan during 7MFY26, up 26.26% YoY, with the power and financial sectors leading outflows, according to State Bank of Pakistan data.
NIBAF Hosts PSPC Leadership Session on Pakistan’s Energy Mix and Electrical Network
NIBAF Pakistan conducted a technical session under the PSPC Leadership Induction Program focusing on Pakistan’s energy mix, power networks, and PSPC’s operational framework.
SECP Flags Governance and Filing Violations by Power Sector Companies
SECP has issued compliance notices to seven power sector entities for failing to meet statutory filing and governance requirements under the Companies Act, 2017, including missing annual returns, financial statements, and mandatory board appointments.
Pakistan, ADB Sign $730 Million Deals for Power Transmission and SOE Reforms
Pakistan and the Asian Development Bank sign agreements worth $730 million for power transmission strengthening and state-owned enterprise reforms, aiming to improve energy reliability, infrastructure resilience, and operational efficiency.
Pakistan Sees $1.42 Billion Repatriated by Foreign Investors in 5MFY26, Up 24% Year-on-Year
Repatriation of profits and dividends by foreign investors from Pakistan rose 24.46% YoY to $1.42 billion in the first five months of FY26, with China, the UK, and the Netherlands leading in outflows, according to SBP data.
K-Electric Reviewing Viability After Major Tariff Cut, Says CEO Moonis Alvi
K-Electric CEO Syed Moonis Abdullah Alvi has raised concerns over NEPRA’s major revisions to the Multi-Year Tariff for FY2024–30, warning that the large-scale reductions threaten the utility’s operational viability. The company is reviewing the implications and considering all legal and regulatory options to ensure service continuity and financial stability.
Engro Powergen Qadirpur Limited Appoints Athar Abrar Khwaja as Chairman and Adeel Qamar as CEO
Engro Powergen Qadirpur Limited has re-elected Athar Abrar Khwaja as Chairman and re-appointed Adeel Qamar as CEO, signaling continued leadership stability for its Qadirpur power plant operations.
PSX Wraps Up Lower Amid Mixed Sectoral Trends and Investor Caution
The Pakistan Stock Exchange (PSX) closed slightly lower on Tuesday, with the KSE-100 Index losing 254 points. The market experienced mixed performance across sectors, driven by heavy volumes in select stocks and cautious investor sentiment.