By Amir Saeed ISLAMABAD— To build a smarter and more resilient power network, Pakistan should accelerate the integration of advanced technologies, such as Artificial Intelligence (AI) and Internet of Things (IoT), into its energy sector. Challenges in Pakistan’s Energy Sector Talking to WealthPK, Farhan Wahid, a green finance researcher at the Quaid-e-Azam University, Islamabad, highlights ...
By Shams ul NisaIslamabad–Thal Limited is making notable progress in Pakistan’s power sector by focusing on localization and import substitution, reports WealthPK. These strategic initiatives aim to reduce dependency on imported components, boost operational efficiency, and strengthen the country’s energy security. Engineering Division Leads Import Substitution Efforts Therefore, the company’s engineering division, particularly its thermal ...
By Muhammad Saleem FAISALABAD– The success of businesses largely depends on access to affordable and reliable energy supply. However, Faisalabad Electric Supply Company (Fesco) has failed to ensure uninterrupted power supply for the businesses – from small shops to large factories. Impact of Power Outages on Local Businesses Qamar Islam, a thread maker, told WealthPK ...
By Amir Saeed ISLAMABAD– US tariffs have exacerbated Pakistan’s energy crisis, driving up costs and straining economic stability through increased import prices and currency depreciation. Talking to WealthPK, Ahad Nazir, Associate Research Fellow at the Sustainable Policy Development Institute (SDPI), highlighted that the imposition of a 29% tariff on exports posed significant challenges for Pakistan’s ...
By Amir Saeed ISLAMABAD– Pakistan is experiencing a significant shift towards solar energy, driven by high electricity tariffs and policy changes. This trend is leading consumers to opt for off-grid solutions, which could have profound implications for the country’s energy landscape. Talking to WealthPK, Owais Ahmad, an energy expert at LUMS Energy Institute, highlighted that ...
By Shams ul Nisa ISLAMABAD– Fauji Foods Limited (FFL) is advancing its sustainability agenda with strategic investments in renewable energy, recycling, cost optimization, and farmer support initiatives, reports WealthPk. Enhancing Environmental Stewardship and Financial Resilience As a result, these initiatives are enhancing environmental stewardship, bolstering the company’s financial resilience, and making a meaningful impact on ...
By Shams ul Nisa ISLAMABAD– Gul Ahmed Textile Mills Limited (GATM) is advancing its sustainability agenda with a major expansion in renewable energy (RE), reports WealthPK. Gul Ahmed’s Expansion in Renewable Energy The company has implemented a 2 MW rooftop solar power system and plans to add another 17.2MW by the end of FY25. Rising ...
