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Hydel Power Generation Boost Eases Load Shedding Pressure in Pakistan
Pakistan

Hydel Power Generation Boost Eases Load Shedding Pressure in Pakistan

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Pakistan’s energy sector received a significant boost as hydel power generation surged to 5,000 megawatts during peak hours, offering temporary relief to the national grid and reducing load shedding in several regions. According to the Power Division, the increase in electricity output from hydropower sources began on April 17, 2026. Officials confirmed that improved water releases from dams, aligned with provincial demands, played a key role in enhancing generation capacity. Improved Water Flow Drives Power Output Authorities reported that higher water discharge levels enabled hydel power generation to reach 5,000MW during peak night hours. This surge significantly supported the power system at a time when energy demand remains high. Officials explained that hydropower remains one of the most cost-effective and reliable energy sources in Pakistan. Therefore, any increase in water availability directly strengthens electricity supply. In addition, the grid received an extra 400MW of electricity from the southern region. This contribution further stabilized the system and ensured smoother transmission to the central parts of the country. Load Shedding Reduced in Key Areas The rise in hydel power generation helped authorities minimize load shedding across multiple distribution companies. Notably, no load management was carried out during peak night hours on April 17, 18, and 19. However, on April 20, the situation slightly changed. Most distribution companies implemented limited load shedding of around one hour during nighttime. Exceptions included Gujranwala Electric Power Company and Sukkur Electric Power Company, where consumers faced up to two hours of load management during peak periods. Despite these minor disruptions, the overall improvement in supply reflects the positive impact of increased hydropower output. LNG Shortage Continues to Affect Supply While hydel power generation has improved, challenges persist in other segments of the energy sector. The Power Division revealed that LNG-based power plants with a total capacity of 5,500MW remain inactive due to fuel shortages. These plants are expected to resume operations once liquefied natural gas supplies are restored. Until then, the system relies heavily on alternative sources, including hydropower and indigenous gas. Currently, around 500MW of electricity is being generated from the Balloki Power Plant using local gas resources. This contribution, though limited, helps maintain supply stability. Policy-Driven Load Shedding to Continue Officials clarified that certain types of load shedding will continue despite improvements in hydel power generation. Specifically, load management linked to electricity theft and system losses remains in effect. The Power Division stated that this form of load shedding is policy-driven and separate from peak demand management. Authorities will continue to enforce it across distribution companies to control losses and improve recovery rates. This means that even after LNG supplies return and overall generation improves, some areas may still experience outages based on performance metrics. Debate Over Revenue-Based Load Shedding The issue of load shedding has also sparked a policy debate at the national level. Minister for Power Sardar Awais Ahmad Khan Leghari recently defended revenue-based load shedding during a press conference. He argued that the practice helps manage financial losses in the power sector. According to him, eliminating it could increase circular debt by nearly Rs400 billion. However, the National Electric Power Regulatory Authority has declared revenue-based load shedding illegal. The regulator has imposed penalties on distribution companies, including K-Electric, for implementing such measures. Adding to the controversy, the Ministry of Law and Justice has termed the practice a violation of fundamental rights. This has intensified the debate over balancing financial sustainability with consumer protection. Temporary Relief, Long-Term Challenges Remain The recent surge in hydel power generation has provided much-needed relief to consumers. Reduced load shedding during peak hours has improved daily life for households and businesses alike. However, experts warn that this improvement may be temporary. Hydropower generation depends heavily on water availability, which fluctuates due to seasonal changes and climate conditions. At the same time, unresolved issues such as fuel shortages, circular debt, and system inefficiencies continue to challenge Pakistan’s energy sector. Way Forward for Energy Stability Analysts suggest that Pakistan must diversify its energy mix to reduce reliance on any single source. Investments in renewable energy, improved infrastructure, and better governance can help ensure long-term stability. While hydel power generation remains a vital component of the energy system, a balanced approach is necessary to meet growing demand and avoid future crises. For now, the increase in hydropower output offers a temporary reprieve. However, sustainable solutions will require coordinated efforts across all sectors of the energy economy.

Karachi Red Line BRT Faces Setback as Lot 2 Contract Terminated Over Delays
Breaking News, Pakistan

Karachi Red Line BRT Faces Setback as Lot 2 Contract Terminated Over Delays

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Ongoing performance issues and missed deadlines force authorities to take decisive action on a key segment of the city’s transit project Karachi’s ambitious Red Line Bus Rapid Transit (BRT) project has suffered a major setback after authorities decided to terminate the Lot 2 contract, citing persistent delays and underperformance by the contractor. The move comes after concerns raised by the Asian Development Bank, which highlighted slow progress, quality shortcomings, and failure to meet environmental and safety standards during a recent review. Read More: https://theboardroompk.com/kcci-raises-alarm-over-targeted-attack-on-industrialist-warns-of-resurgent-extortion-mafia-collapsing-law-order/ The affected stretch—from Mosamiyat to Numaish—has faced repeated disruptions, including financial disagreements and halted construction work. Initially launched in 2022 with a target completion timeline of 30 months, the project has already missed its expected 2024 deadline, with uncertainty now surrounding its revised completion schedule. Officials have begun formal proceedings to end the contract, signaling a critical turning point for one of Karachi’s most important urban transport initiatives. The prolonged delays have not only stalled infrastructure development but also worsened traffic congestion, adding to the daily challenges faced by commuters across the city. As authorities move forward, the focus will shift to reassigning the contract and accelerating progress to ensure the project can eventually deliver on its promise of a modern, efficient public transport system for Karachi.

Pakistan Petroleum Imports Rise as Transport Demand Drives Energy Trade in March 2026
Pakistan

Pakistan Petroleum Imports Rise as Transport Demand Drives Energy Trade in March 2026

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Pakistan Petroleum Imports recorded a moderate increase in March 2026, reflecting steady demand from the transport sector and a shifting energy mix. Latest data indicates that petroleum, oil and lubricants imports climbed to 1.34 million metric tonnes during the month, marking a 4 percent month-on-month increase while remaining broadly unchanged on a year-on-year basis. The numbers signal continued economic activity, particularly in transportation and logistics, despite higher fuel prices. Over the first nine months of fiscal year 2026, cumulative Pakistan Petroleum Imports reached 13.28 million metric tonnes, up 6 percent from the 12.49 million metric tonnes recorded in the same period last year. This trend suggests sustained fuel consumption and stronger refinery operations. Pakistan Petroleum Imports Driven by Motor Gasoline Demand Motor gasoline continued to dominate Pakistan Petroleum Imports in March 2026. It accounted for approximately 82 percent of total petroleum product imports, nearly identical to its share a year earlier. This heavy reliance on motor gasoline highlights persistent demand from commuters, ride-hailing services, and goods transporters across the country. Despite elevated retail fuel prices, consumption remained stable, indicating that transportation remains a necessity for both businesses and households. The consistent demand also reflects gradual economic activity recovery and urban mobility expansion. Crude Oil Imports Fall Monthly but Remain Strong for FY26 Crude oil imports declined by 9 percent compared to February, falling to 765,263 metric tonnes in March. On a yearly comparison, crude imports were also slightly lower by 3 percent. However, the broader fiscal year picture tells a different story. During the first nine months of FY26, crude imports reached 7.84 million metric tonnes, representing a strong 17 percent increase compared to 6.69 million metric tonnes in the same period last year. This indicates higher refinery throughput and suggests that domestic refineries are operating at elevated utilization levels. High-Speed Diesel Sees Sharp Rebound High-speed diesel imports posted a significant recovery in March, surging 153 percent month-on-month. This rebound followed a steep decline in February and reflects renewed demand from agriculture, transport and industrial sectors. The diesel recovery is particularly important for Pakistan’s economy, as the fuel plays a key role in trucking, farming machinery, and power generation in off-grid areas. Domestic Energy Mix Shifts as Gas Supply Increases Pakistan Petroleum Imports trends were also influenced by changes in the natural gas mix. Domestic gas supply increased by 12 percent month-on-month, reaching 3,055 mmcfd. As a result, domestic gas accounted for 94 percent of the total supply.In contrast, RLNG imports fell sharply by 75 percent month-on-month to just 201 mmcfd. The decline indicates reduced reliance on expensive imported LNG cargoes during March. However, over the nine-month fiscal period, RLNG maintained an average share of around 23 percent, similar to last year. This shift suggests short-term optimization of domestic resources while maintaining long-term LNG dependence. Energy Exports Jump on Furnace Oil Shipments On the export side, Pakistan’s energy exports increased by 20 percent month-on-month to 149,057 tonnes in March. The rise was driven entirely by furnace oil shipments, as there were no crude condensate or naphtha exports during the month. Furnace oil exports reached 129,900 tonnes in March. While this figure was lower compared to the same month last year, cumulative exports for FY26 showed growth. During the nine-month period, furnace oil exports totaled 1.26 million tonnes, representing a 12 percent increase year-on-year. Overall energy exports for the fiscal period stood at 1.50 million tonnes, marking a 6 percent annual increase. Refinery Feed Mix Changes with Higher Local Production Imported crude share in refinery feed declined to 74 percent in March from 79 percent in February. The change occurred as domestic crude production increased by 7 percent month-on-month to 64,915 barrels per day. This improvement in local production slightly reduced reliance on imported crude and supported refinery operations. Outlook for Pakistan Petroleum Imports Pakistan Petroleum Imports are expected to remain closely tied to transportation demand, refinery throughput and global energy prices. Continued growth in fuel consumption signals stable economic activity, while fluctuations in LNG imports highlight efforts to manage import costs. With refinery utilization increasing and domestic gas supply improving, Pakistan’s energy mix may continue evolving in the coming months. However, strong reliance on imported fuels suggests that petroleum imports will remain a key component of the country’s trade balance.

Cattle Influx Surpasses 5,500 at Northern Bypass 'Awam Dost' Mandi
Pakistan

Cattle Influx Surpasses 5,500 at Northern Bypass ‘Awam Dost’ Mandi

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KARACHI (PR 20 APRIL 2026) The influx of sacrificial animals at the 1,100-acre ‘Awam Dost’ Cattle Market on Northern Bypass has crossed the 5,500 mark as the market entered its 16th day of operations. Majestic and high-breed cattle from Sindh, Punjab, and Balochistan have become the center of attraction at what is being positioned as Asia’s largest livestock marketplace. Read More: https://theboardroompk.com/same-platform-different-price-what-explains-the-rs1-million-gap-for-suv-buyers-in-pakistan/ Comprehensive Facilities for Traders According to Administrator Tariq Tanoli, the market—which became functional on April 5—is fully equipped to facilitate both traders and buyers. Under the supervision of Water Contractor Sarfaraz, the administration is providing free water daily, allocating 8 liters for small animals and 30 liters for larger ones. In a move to reduce the financial burden on traders, the administration has also allowed them to bring their own fodder. To ensure a seamless experience, the market features temporary mosques, restrooms, and on-site banking facilities to handle high-volume cash transactions safely. Innovative Services and Attractions Beyond traditional livestock trading, the market features unique attractions. Faisal, a trader from Nawabshah, has gained attention by setting up a dedicated “Service Station” for cattle. “Our animals thrive and stay active in this heat after a refreshing wash,” Faisal remarked, highlighting the measures taken to combat the rising temperatures. Food Street and Public Amenities A sprawling Food Street is being finalized in front of the Administration and VVIP blocks. Renowned food chains, including Butt Karahi, Bilal Broast, and Chaudhary Mohsin Foods, are setting up stalls to provide quality dining options for visitors. Digital Parking and Logistics Parking Contractor Adnan announced that the market is embracing digitalization to avoid congestion. Citizens can now acquire online parking passes valid until the last day of Eid-ul-Adha. The seasonal pass for cars is priced at Rs. 4,000, while motorcycle passes are available for Rs. 1,500. For those opting for daily parking, the rates are as follows:Motorcycles: Rs. 50Cars: Rs. 100Rickshaws: Rs. 200Suzuki Pickups/Loaders: Rs. 500Shahzore Trucks: Rs. 600Mazda Trucks: Rs. 800 Visitors also have the option to park in a dedicated 200-acre zone and explore the vast market on foot to witness the variety of livestock, including heavy bulls and exquisitely decorated camels from Tharparkar.

Pakistan Stock Exchange Falls as Global Tensions Trigger Market Shock
Pakistan

Pakistan Stock Exchange Falls as Global Tensions Trigger Market Shock

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The Pakistan Stock Exchange witnessed a turbulent Monday session as investors reacted sharply to rising geopolitical tensions and volatile oil prices. The benchmark KSE-100 Index closed in the red, although late-session buying helped reduce earlier heavy losses. Read More: https://theboardroompk.com/illegal-construction-karachi-crisis-deepens-as-sbca-fails-to-stop-portion-mafia/ The index settled at 172,196.70, declining by 1,742.31 points or 1 percent. Despite the negative close, the session was marked by extreme volatility, with investors scrambling to adjust positions amid uncertainty. Pakistan Stock Exchange Sees Wild Intraday Swings The Pakistan Stock Exchange experienced dramatic swings throughout the day. The KSE-100 Index traded within a wide range of more than 5,297 points. It touched an intraday high of 174,523.76 before plunging to a low of 169,226.56, reflecting panic selling followed by cautious bargain hunting. Trading activity remained strong, with nearly 598 million shares changing hands in the benchmark index. However, market breadth remained decisively negative as 77 companies declined compared to just 22 advancing, signaling persistent selling pressure. Major Stocks Drag Pakistan Stock Exchange Lower Heavyweight stocks played a crucial role in pulling the Pakistan Stock Exchange downward. Fertilizer, cement, and power generation sectors led the decline. Large-cap companies including FFC, HBL, HUBC, LUCK, and ENGROH collectively shaved hundreds of points off the index. On the other hand, selective buying in banking stocks provided partial support. UBL emerged as the biggest positive contributor, followed by BAFL and NBP. These gains prevented a deeper slide in the market. Sector-wise, fertilizer companies exerted the strongest negative pressure, followed by cement and power distribution firms. Some support came from property-related stocks, refinery shares, and engineering companies, where investors hunted for bargains at lower valuations. Geopolitical Tensions Shake Investor Confidence Investor sentiment at the Pakistan Stock Exchange remained cautious due to escalating tensions between the United States and Iran. Reports that the United States seized an Iranian-flagged cargo ship in the Strait of Hormuz triggered fears of supply disruptions. The situation worsened after Iran signaled no immediate plans for further negotiations. Earlier diplomatic expectations linked to comments by Donald Trump about sending a delegation to Islamabad had offered some hope. However, the latest developments dampened optimism. Oil markets reacted sharply, with prices rebounding amid fears of another potential closure of the Strait of Hormuz. Rising oil prices typically increase Pakistan’s import bill, weakening macroeconomic outlook and pressuring equities. This uncertainty weighed heavily on investor confidence throughout the session. Late Buying Helps Pakistan Stock Exchange Recover Despite the panic selling earlier in the day, the Pakistan Stock Exchange saw some late-session recovery. Investors stepped in to purchase fundamentally strong stocks at discounted prices, trimming steep losses. The broader market reflected similar sentiment. The All-Share Index closed at 102,788.51, down 0.98 percent. Overall market participation remained high with more than 1.29 billion shares traded, valued at Rs65.27 billion. Out of 488 companies traded, 319 declined while only 138 advanced, showing that selling pressure dominated even as the market recovered partially. High Volume Stocks Highlight Market Activity The most actively traded stocks included Bank of Punjab, Unity Foods, K-Electric, WorldCall Telecom, and Pak Elektron. These stocks accounted for a significant portion of total market turnover, reflecting strong retail participation despite cautious sentiment. Pakistan Stock Exchange Performance Outlook Although Monday’s session ended negatively, the Pakistan Stock Exchange still shows strong performance over the fiscal year. The KSE-100 Index has gained more than 46,000 points, representing growth of over 37 percent. However, the index remains slightly down for the current calendar year, reflecting ongoing volatility. Market experts believe future direction will largely depend on geopolitical developments, oil price trends, and foreign investor participation. Stability in global energy markets could help restore confidence, while further escalation may keep the Pakistan Stock Exchange under pressure.

Illegal Construction Karachi Crisis Deepens as SBCA Fails to Stop Portion Mafia
Pakistan

Illegal Construction Karachi Crisis Deepens as SBCA Fails to Stop Portion Mafia

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Illegal Construction Karachi has once again sparked outrage among residents after previously demolished structures began reappearing across multiple neighborhoods, raising serious questions about enforcement by the Sindh Building Control Authority. Despite claims of tighter regulations following the tragic collapse at Gul Plaza, illegal construction activities continue to flourish, particularly in North Nazimabad and other densely populated areas. Residents say the situation is worsening as unauthorized floors are being added to residential plots, placing immense pressure on already strained infrastructure and posing significant safety risks. Illegal Construction Karachi Driven by Organized Portion Mafia The Illegal Construction Karachi problem is increasingly linked to organized groups commonly referred to as the portion mafia. These developers purchase residential plots intended for single-family homes and construct multi-storey buildings in violation of approved plans. In many cases, plots designed for one or two floors are converted into four or five-storey buildings. Such developments are being reported not only in North Nazimabad but also in areas like Federal B Area, Liaquatabad, PECHS, and Nazimabad. Residents warn that these illegal additions are overwhelming water supply, sewerage systems, parking space, and road capacity. Residents Face Threats for Opposing Illegal Construction Karachi The Illegal Construction Karachi crisis has also created fear among citizens who attempt to resist unlawful development. In one case, local resident reported that a multi-storey structure was illegally built next to his house on a 200 square yard plot. After filing complaints, authorities demolished the under-construction building. However, construction resumed shortly afterward. When objections were raised again, he alleged that he received threats and was pressured not to pursue the matter further. Such incidents highlight the growing influence of illegal builders and the lack of sustained enforcement. Town Authorities Say They Are Powerless Town Municipal Corporation officials acknowledge that Illegal Construction Karachi is damaging infrastructure but claim they lack authority to intervene. Local administrators say plots originally designed for 10 to 12 residents are now housing up to 70 people, placing severe strain on civic services. Officials argue that while the burden falls on municipal bodies, enforcement powers remain limited, creating a governance gap that allows illegal structures to proliferate. SBCA Enforcement Actions Fail to Stop Illegal Construction Karachi According to official data, the SBCA claims it conducted 396 enforcement actions between January and April. These actions included demolitions, sealing of premises, and stoppage of construction across different districts of Karachi. However, residents argue that many demolitions are temporary and builders resume work soon after. The continued rebuilding of demolished structures has intensified criticism that enforcement measures lack consistency and deterrence. Anti Corruption Probe Adds to Illegal Construction Karachi Controversy The controversy surrounding Illegal Construction Karachi has deepened after the Sindh Anti-Corruption Establishment launched multiple inquiries into SBCA officials. These investigations include allegations related to illegal construction approvals and irregular appointments within the department. Officials ranging from mid-level officers to senior directors are reportedly under scrutiny. Authorities have requested records of building approvals and sanctioned plans, while another inquiry is examining recruitment of officials allegedly lacking required qualifications. Infrastructure at Risk as Illegal Construction Karachi Expands Urban planners warn that unchecked Illegal Construction Karachi could lead to severe consequences. Overcrowded buildings increase the risk of structural failures, fire hazards, and emergency access issues. Additionally, excessive population density in residential areas contributes to water shortages, sewer overflow, and traffic congestion. Residents fear that without decisive action, the city may face more tragedies similar to past building collapses. Conclusion: Illegal Construction Karachi Demands Urgent Action Illegal Construction Karachi has evolved into a major urban governance crisis. Weak enforcement, organized illegal developers, threats to complainants, and ongoing corruption probes collectively highlight systemic failures. Experts emphasize that sustained monitoring, transparent approvals, and strict penalties are necessary to curb illegal construction and restore public confidence.

Fazeela Abbasi Gets Bail Extension in Illegal Clinic Case
Editor pick, Pakistan

Fazeela Abbasi Gets Bail Extension in Illegal Clinic Case

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Islamabad court on Monday granted interim pre-arrest bail to dermatologist and social media personality Fazeela Abbasi in a case related to an allegedly illegal clinic. The development comes as legal proceedings continue against her on multiple charges. Read More: https://theboardroompk.com/us-iran-talks-in-doubt-amid-mixed-signals-ahead-of-islamabad-meeting/ The development took place during a hearing at the Special Central Court in Islamabad, where Judge Humayun Dilawar heard arguments from both sides and issued the ruling. Court Provides Temporary Protection During the hearing, the court extended interim protection from arrest and allowed Abbasi to remain on bail until the next hearing. The judge directed her to fully cooperate with investigators and join the inquiry without delay. Abbasi appeared before the court along with her counsel Naeem Bukhari. Her lawyer submitted a pre-arrest bail application and argued that his client required protection while the investigation continued. After reviewing the arguments, the court accepted the request and granted bail against surety bonds worth Rs50,000. The court also warned that the protection remained conditional on cooperation with the investigation process. The judge emphasized that Abbasi must not avoid legal proceedings and must respond to all notices issued by investigators. The case was then adjourned until May 5 for further proceedings. FIA Registers Two Cases Officials confirmed that the Federal Investigation Agency has registered two separate cases against Abbasi. Both cases relate to allegations of operating an unauthorized medical clinic. Investigators claim the clinic functioned without proper legal approval. They are currently collecting documents, statements, and operational records to verify the allegations. Authorities also stated that Abbasi faces a separate money laundering case. She is already on bail in that matter. The ongoing legal cases have placed her under increasing scrutiny from law enforcement agencies. Officials said the investigation is in an active stage. They are examining whether any regulatory or financial violations took place during the operation of the clinic. Earlier Court Developments The case has already moved through multiple judicial levels. The Islamabad High Court had earlier restored Abbasi’s interim bail in the money laundering case after a lower court rejected her request. The lower court had dismissed her bail application due to her absence during a scheduled hearing. It also rejected her request for exemption on medical grounds. The court stated that her absence amounted to misuse of the concession granted under pre-arrest bail provisions. Following that decision, Abbasi approached the Islamabad High Court. The high court granted temporary relief and directed her to pursue legal remedies before the trial court. This allowed her to continue under interim protection. Legal Proceedings Intensify The ongoing case reflects growing legal pressure as multiple investigations continue against Abbasi. Authorities are closely monitoring her compliance with court orders and investigation procedures. Legal experts say pre-arrest bail does not indicate innocence or guilt. Instead, it prevents immediate arrest while investigations continue. They note that cooperation with investigators remains a key condition for maintaining bail. Officials expect Abbasi to submit required documentation and respond to queries related to the alleged clinic operations. Failure to comply could result in cancellation of her bail and possible arrest. Next Hearing Set for May 5 The court has scheduled the next hearing for May 5. During this session, investigators may present additional evidence or progress reports. The court will review the investigation status before deciding whether to extend or modify the bail conditions. Further legal action will depend on the findings submitted by the prosecution. For now, Abbasi remains free on interim bail while legal proceedings continue. The outcome of the case will depend on evidence collected and her cooperation with authorities in the coming weeks.

Pakistan Partners with IFC for Large-Scale Smart Meters Rollout Across Power Sector
Editor pick, Pakistan

Pakistan Partners with IFC for Large-Scale Smart Meters Rollout Across Power Sector

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Pakistan has moved ahead with a major energy sector reform by appointing the International Finance Corporation (IFC) of the World Bank Group as transaction adviser for the nationwide rollout of smart meters across electricity distribution companies. Read More: https://theboardroompk.com/us-iran-talks-in-doubt-amid-mixed-signals-ahead-of-islamabad-meeting/ The initiative aims to modernize the country’s power distribution system and install 10 million smart meters across all Discos under a structured public-private partnership model. IFC to Guide Smart Meter Implementation Framework The Ministry of Energy (Power Division) confirmed on Monday that it has signed a Transaction Advisory Services Agreement with the IFC. Under this agreement, the IFC will act as the transaction adviser for the large-scale deployment of smart meters. Officials said the IFC will conduct a detailed techno-commercial assessment to design a service-provider model or public-private partnership framework. This structure will help attract both local and international investors for installation, operation, and maintenance of smart metering infrastructure. The government expects this model to reduce financial pressure on the public sector while accelerating digital transformation in the electricity network. Major Reform Push in Power Distribution System Authorities said the smart meters rollout forms a central part of Pakistan’s ongoing power sector reforms. The Ministry of Energy has accelerated efforts to replace outdated systems with modern digital infrastructure. Officials said the transformation aims to improve transparency, strengthen operational efficiency, and ensure long-term financial stability in electricity distribution companies. The reform agenda also focuses on reducing electricity theft, improving billing accuracy, and minimizing human intervention in meter reading processes. Advanced Smart Metering System to Improve Efficiency The introduction of Advanced Metering Infrastructure (AMI) will support the nationwide deployment of smart meters. Officials said the system will allow real-time monitoring of electricity consumption. Smart meters will help detect irregular usage patterns and reduce electricity theft through anomaly detection. They will also improve billing accuracy and recovery rates across distribution networks. Energy officials said the system will eliminate manual errors and increase transparency in electricity usage, benefiting both consumers and utility providers. Government Opens Door for Private Investment The government has planned to involve private investors in the smart meters project through a service-provider model. Investors will finance and manage the infrastructure under agreed commercial arrangements. Officials said this approach will help speed up deployment and reduce reliance on public funding. They added that the participation of international investors will bring technical expertise and financial strength to the project. The Power Division believes this model will improve efficiency and ensure faster rollout across the country. Nationwide Installation Plan for Discos All electricity distribution companies have been instructed to install smart meters for every new electricity connection. Authorities have also stopped the issuance of traditional meters for new consumers. In addition, existing three-phase consumers will be gradually shifted to smart metering systems. The government has set deadlines for converting commercial and industrial users into the digital system. Officials said the transition will ensure complete integration of high-consumption users into the smart grid. Cost Reduction Achieved Through Competitive Bidding The Power Division announced that it has reduced the cost of smart meters by 40 percent through international competitive bidding. Officials said this reduction will generate significant savings for the national budget. They added that the cost savings will eventually benefit consumers by improving efficiency and reducing system losses in the power distribution chain. NEPRA Supports Meter Replacement Program The National Electric Power Regulatory Authority (NEPRA) has also supported the rollout by allowing distribution companies to replace faulty meters with smart meters. This regulatory approval is expected to speed up the transition process. Officials said it will help eliminate outdated equipment and improve billing accuracy across the system. NEPRA’s decision aligns with broader efforts to digitize Pakistan’s electricity grid. Focus on Transparency and Consumer Benefits The Power Division said the smart meters initiative will improve transparency in the power sector and strengthen consumer trust. Officials emphasized that real-time monitoring will give users better control over their electricity consumption. They said the project will reduce billing disputes, improve service delivery, and enhance accountability in electricity distribution companies. Long-Term Digital Transformation Goal Authorities said the smart meters rollout represents a long-term shift toward a fully digital power system. The government aims to build a modern energy infrastructure that is efficient, transparent, and financially sustainable. Officials said the project will help reduce losses, improve revenue collection, and support broader economic stability in the energy sector. They added that the success of the initiative will depend on strong investor participation, effective regulation, and smooth implementation across all distribution companies.

Pakistan’s First PKR 3 Billion, AAA Rated, Green Sukuk for Telecom Sector Launched
Pakistan

Pakistan’s First PKR 3 Billion, AAA Rated, Green Sukuk for Telecom Sector Launched

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Karachi: InfraZamin Pakistan Limited, in partnership with Infralectric, a Brillanz Group company, DIB Pakistan Limited, Bank Alfalah Limited, and Meezan Bank Limited, announced the signing of Pakistan’s first-ever PKR 3 Billion, ‘AAA’ Rated, Green Sukuk for the telecom sector, marking a major milestone in sustainable infrastructure financing and climate-aligned capital markets development. Read More: https://theboardroompk.com/pakistans-6-popular-beauty-creams-pulled-off-the-shelves-for-containing-toxic-substances/ Under the transaction, InfraZamin Pakistan is providing a 100% principal guarantee for the PKR 3 billion Green Sukuk issued by Infralectric Private Limited with DIB Pakistan Limited, as the Lead Arranger of the Green Sukuk transaction demonstrating how ethical capital markets can lead the transition toward scalable, climate-aligned infrastructure financing. The proceeds will finance one of Pakistan’s largest commercial deployments of lithium-ion Battery Energy Storage Systems (BESS) and solarization solutions for telecom tower infrastructure across the country. The transaction witnessed oversubscription by investors and initial disbursement is planned after completion of all formalities. Commenting on the occasion, Maheen Rahman, Chief Executive Officer of InfraZamin Pakistan, said, “This landmark transaction demonstrates how innovative credit enhancement can unlock capital markets for transformative green infrastructure. By guaranteeing Pakistan’s first Green Sukuk for the telecom sector, InfraZamin is proud to catalyze sustainable private investment into climate-resilient infrastructure while deepening Pakistan’s debt capital markets. We are delighted to partner with Infralectric and Dubai Islamic Bank on this pioneering transaction.” Bilal Qureshi, Group CEO, Brillianz Group, stated, “This landmark transaction sets a new benchmark for business model innovation, demonstrating how private capital can accelerate energy transition, reduce diesel reliance and forex pressure, and build a more resilient, AI-enabled telecom network for Pakistan.” Muhammad Ali Gulfaraz, Chief Executive Officer of Dubai Islamic Bank Pakistan Limited, highlighted, “This agreement represents a defining moment in the Bank’s commitment to the country’s green transition. By structuring this PKR 3,000 million Green Sukuk, DIB Pakistan is demonstrating how Islamic capital markets can effectively bridge the gap between critical infrastructure needs and climate-conscious investment. The solarization of Pakistan’s telecom backbone will significantly lower dependence on conventional energy while reinforcing the resilience of the digital economy, proving that ethical finance serves as a powerful catalyst for large-scale environmental impact.” Atif Bajwa, President and Chief Executive Officer of Bank Alfalah Limited, stated, “Bank Alfalah is pleased to contribute to this landmark Green Sukuk, representing a significant advancement in green finance and sustainable infrastructure development in Pakistan. This transaction underscores Bank Alfalah’s continued commitment to developing climate-aligned capital markets and facilitating the mobilization of private sector investment into environmentally responsible projects. The initiative is expected to play a meaningful role in promoting cleaner energy solutions within the telecom sector, while strengthening the resilience and sustainability of critical infrastructure across the country. I would like to extend my sincere appreciation to Infralectric, InfraZamin, and all partners involved for their collaboration and efforts in successfully delivering this transaction.”Syed Tanveer Hussain, Chief Operating Officer, Wholesale Banking, Meezan Bank added: “Meezan Bank’s participation in this landmark syndicated Green Sukuk transaction, reflects our continued commitment towards advancing the role of Islamic finance in supporting sustainable and infrastructure-led development in Pakistan. This initiative, focused on green energy solutions for telecom infrastructure, represents a meaningful step towards reducing carbon emissions while enhancing operational efficiency within a critical sector of the economy. The inclusion of Infrazamin’s financial guarantee further strengthens the structure by enhancing investor confidence and facilitating broader market participation. Such transactions will deepen Pakistan’s Islamic capital market while supporting a more sustainable and resilient economy.” Pakistan’s telecom sector, serving nearly 190 million mobile subscribers, is among the country’s most energy-intensive and operationally critical industries, with over 50,000 tower sites nationwide, many operating on weak-grid or off-grid power. This has historically resulted in heavy reliance on diesel generators, elevated operating costs, and significant carbon emissions. Through this transaction, Infralectric will deploy advanced battery storage, solar PV, Artificial-Intelligence enabled optimization, and remote monitoring solutions across approximately 1,955 telecom tower sites, significantly reducing diesel dependence, improving network reliability, lowering operational costs, and cutting emissions.Carbon emission reduction and fuel import bill reduction are among the key expected outcomes of the project. In addition to InfraZamin Pakistan as Guarantor, Infralectric Private Limited as Issuer, and DIB Pakistan Limited, as Lead Arranger, the transaction has been supported by Bank Alfalah Limited as Joint Lead Arranger, Meezan Bank Limited as LC (Import) Bank, BankIslami Pakistan Limited as Investment Agent, DIB PF, DIB GF, Alfalah Asset Management Limited and NBP Fund Management Limited as investors, Ahmed & Qazi as Investor’s Legal Counsel, HP | FKM as Issuer’s Legal Counsel, Al Hilal as Shariah Advisor, Pakistan Environment Trust (PET) as Green Bond Consultant, and Pakistan Credit Rating Agency (PACRA) as Rating Agency. The transaction is expected to support hundreds of direct and indirect jobs through installation, maintenance, local manufacturing, remote monitoring, and technical field operations. By replacing diesel generators with clean distributed energy solutions, the initiative advances environmental sustainability while strengthening the resilience of Pakistan’s telecom infrastructure. The transaction contributes to Pakistan’s progress toward Sustainable Development Goals relating to Affordable and Clean Energy, Industry Innovation and Infrastructure, Climate Action, and Partnerships for the Goals. This milestone reflects InfraZamin Pakistan’s continued commitment to enabling innovative financing solutions that mobilize private capital into sustainable, climate-aligned, and development-focused infrastructure projects across Pakistan.

The Boardroom PK delivers trusted business news, analysis, and insights from Pakistan and beyond, keeping readers informed, inspired, and ahead in the evolving world of business and leadership.

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