Rs2.939 trillion booked for power procurement from generation firms in FY2026, govt says

According to Profit by Pakistan Today, the government told the National Assembly that payments to generation companies for electricity reached Rs2.939 trillion over the first 11 months of FY2025-26. Those producers delivered 115,206 GWh to the national grid in the same span, energy minister Awais Ahmad Leghari said while answering a query from MNA Bashir Khan. Khan had asked about payments to independent power producers, the volume they supplied, how long their contracts run and the wider supply situation.

Leghari said the Rs2.939 trillion figure covers July 2025 through May 2026, since June billing was still being processed. The Power Division also rejected claims that IPP agreements would be extended by another decade. It further denied that Pakistan faces a severe power shortage or that the state is discouraging solar and other renewable projects.

The minister said the country has no electricity shortage and is not discouraging renewables, while future procurement will follow integrated planning with renewable plants included under the Integrated System Plan. The government is meanwhile renegotiating power purchase agreements with IPPs and seeking ways to lower electricity costs and raise sector efficiency.