Author: Admin

Sindh Can Solve Energy Crisis if Empowered, Says Sharjeel Memon

Admin
Sharjeel-Memon

KARACHI: Sindh Senior Minister Sharjeel Inam Memon has asserted that the province has the potential to resolve Pakistan’s chronic energy crisis—if granted greater autonomy and support from the federal government. Speaking at a press conference on Sunday, Memon criticized federal resistance to Sindh’s wind and solar initiatives, calling for immediate cooperation to unlock the province’s vast energy potential. He highlighted that the Thar Coal Project has produced 31 gigawatts of electricity from 30 million tons of coal over six years—enough to power three million homes. A 105-kilometre railway line is…

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Red Tape Cripples Wapda as Key Leadership Positions Remain Vacant

Admin
Hydropower

LAHORE: The Water and Power Development Authority (Wapda), responsible for overseeing nearly \$70 billion in hydropower and water projects, is facing serious governance paralysis due to prolonged bureaucratic inaction and leadership voids. Despite the passage of nine months, the federal government has failed to appoint permanent members for the key positions of water and power on Wapda’s governing body. As a result, these roles are being held on a ‘look after’ basis by Syed Ali Akhtar Shah and Muhammad Arfan, who are unable to make major financial or administrative decisions.…

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Lapses and Delays Stall Auction of Defunct Genco Power Plants

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Power-Plants

ISLAMABAD: The government’s plan to auction obsolete public-sector power plants under Genco Holding Company Limited (GHCL) has hit major roadblocks, prompting a possible shift in strategy to hand over the plants to Wah Industries — an arm of the Ministry of Defence — through a government-to-government (G2G) arrangement. Sources revealed that while the first phase of auctions in March 2025 fetched bids worth Rs9.05 billion against a reserve price of Rs8.07 billion for seven plants, no proceeds have materialized in four months due to failure in securing binding contracts. The…

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Mari Energies to Acquire Stakes in Three Oil and Gas Blocks from Orient Petroleum

Admin
New-Mari

KARACHI: Mari Energies Ltd has entered into farm-out agreements with Orient Petroleum Inc (OPI) to acquire interests in three oil and gas blocks across Pakistan, marking a strategic expansion of its upstream portfolio. Under the agreements, Mari Energies will assume a 45% working interest and operatorship in the Marwat Block (Khyber Pakhtunkhwa) and the Harnai South Block (Balochistan). Additionally, the company will acquire a 20% non-operating working interest in the Ratana Development and Production Lease located in Punjab. The deal is subject to regulatory approvals, execution of assignment deeds with…

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Gandapur Seeks PM’s Support for Swift Resolution of Net Hydel Profit Dispute

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CM-Gandapur

ISLAMABAD: Khyber Pakhtunkhwa Chief Minister Sardar Ali Amin Gandapur has appealed to Prime Minister Shehbaz Sharif to facilitate an “out-of-the-box” resolution to the long-standing Net Hydel Profit (NHP) issue, which remains unresolved between WAPDA and the provinces. In a letter to the Prime Minister, Gandapur invoked Article 161(2) of the Constitution, which guarantees net profits from hydroelectric power generation to the provinces. He highlighted that the Kazi Committee Methodology (KCM), endorsed by the Council of Common Interests (CCI) and upheld by the Supreme Court, has formed the legal and constitutional…

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