Energy Week in Riyadh 2026 to Unite Global Leaders for Strategic Energy Dialogue

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Riyadh, Saudi Arabia: Riyadh is set to become the epicenter of global energy dialogue as Energy Week in Riyadh convenes ministers, policymakers, CEOs, investors, and technical experts from 26–30 April 2026. The landmark gathering will align multiple high-level international and regional platforms within a single coordinated framework, fostering policy dialogue, market exchange, and cross-sector collaboration at a pivotal time for the global energy system. Held in tandem, the 25th WPC Energy Congress will take place in the Kingdom for the first time in its 93-year history under the theme “Pathways…

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National Power System Records Highest-Ever Generation in January Despite Adverse Conditions

Islamabad: The Power Division notes recent media coverage regarding electricity pricing and wishes to place on record the exceptional performance of the national power system in January 2026. Despite challenging network and hydrological conditions, including canal closures, fog-induced transmission line trippings in northern and southern regions, and the cold wave , the system achieved its highest-ever January peak generation of 16,584 MW and an average generation of 12,239 MW. Actual generation stood at 9,106 GWh against a reference projection of 7,962 GWh, surpassing the projection by approximately 14%. This represents…

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Mughal Energy 36.5MW plant moves toward commercial operations

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Mughal Energy Limited, a wholly-owned subsidiary of Mughal Iron & Steel Industries Limited, said on Thursday it had successfully achieved a key milestone in the development of its 36.50 MW hybrid power plant, with the successful completion of steam blowing of the boiler and main steam lines.The company shared the information in a notice to the Pakistan Stock Exchange (PSX) today.“The plant has also successfully achieved controlled cooling-down procedures following steam blowing.The plant is now undergoing final testing and safety measures to commence power generation and commercial billing within March…

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HUBCO’s Gharo plant set to come online in second half of 2026, eyes 25,000 vehicles annually

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Hub Power Company Limited (HUBCO), Pakistan’s largest independent power producer (IPP), is set to launch its new CKD car assembly plant in Gharo, Sindh, in the second half of 2026, targeting an annual production capacity of 25,000 units.Topline Securities, which attended the management meeting of HUBCO, shared the development in its report on Thursday.During the meeting, HUBCO said that for the CKD car assembly plant in Gharo, the financial close for the greenfield project was achieved in January 2026.“The project includes a foreign lender, British International Investment, holding approximately a…

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KAPCO announces CEO change as Shahab Qader Khan resigns

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Kot Addu Power Company Limited (KAPCO) has appointed Muhammad Masood as the acting chief executive in place of Shahab Qader Khan.The listed IPP disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday.“Shahab Qader Khan, chief executive officer, has resigned with effect from February 26, 2026. Muhammad Masood has been appointed as the acting chief executive officer till further notice,” read the notice.Muhammad Masood serves as GM Finance and CFO of KAPCO.Meanwhile, Shahab Qader Khan was appointed CEO of KAPCO on January 22, 2025.KAPCO was incorporated in Pakistan…

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