News / Press Releases

Prime Minister launches construction of controversial nuclear plants

Monday, August 24, 2015

Prime minister Nawaz Sharif on Thursday august 20th, 2015 held a ceremony for two controversial Chinese nuclear plants in Karachi which are set to add 1,100 MW to the energy starved country's electric grid. Nawaz Sharif said, two new nuclear plants, K2 and K3 will be built near Kanupp which was bui...

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ABD Lends $65 Million to Private Hydropower Projects in Pakistan

Monday, August 17, 2015

Asian Development Bank is providing loan assistance of up to $65 million for a new private sector hydropower project in Pakistan, through which the country will drive to overcome power shortages and will strengthen its energy security. The loan will go to Mira Power Ltd, a special purpose company c...

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Sachal Energy Signs Financing Agreement with ICBC

Wednesday, August 12, 2015

Sachal Energy is the first wind power project to achieve this milestone under Pak-China. Economic Corridor projects Sachal Energy Development (Pvt) Limited has signed a financing agreement with Industrial and Commercial Bank of China (ICBC) for Sachal Wind Power Plant. The agreement was by Kashif M...

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Bahawalpur to have $1.5bn World’s Largest Solar Power Plant

Wednesday, August 12, 2015

Chinese company has the biggest solar power plant of 170MW and Pakistan has awarded $1.5 billion contract for the largest solar power project of 900MW in Bahawalpur to this company.Meetings were held between Prime Minister “Nawaz Sharif” and Water and Power Minister “Khawaja Muham...

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Energy Crisis In Pakistan

Tuesday, November 25, 2014

In today's culture, electricity is a vital part of functioning as a society. Electricity also plays a vital role in the Nation’s economy. There is no imagining of progress without Electricity.The demand of electricity rapidly grows day by day. Pakistan has anticipated has been 36000MW by the ...

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