HUBCO Green (Private) Limited (HGL), a wholly owned subsidiary of Hub Power Holdings Limited (HPHL), Pakistan’s largest Independent Power Producer (IPP), is entering into a collaboration agreement with Pakistan State Oil Company Limited (PSO) for the installation of electric vehicle (EV) charging infrastructure at PSO locations across Pakistan. The IPPContinue Reading
The government has requested NEPRA to revise electricity rates for EV charging stations. According to the proposal, electricity may be provided at Rs. 23.57 per unit. However, after tax adjustments, the cost for charging stations is expected to rise to Rs. 39 per unit, still 45% lower than the currentContinue Reading
Pakistan targets 30% EV penetration by 2030, potentially saving over $800m annually Transitioning to climate-friendly electric vehicles (EVs) is crucial for Pakistan to reduce greenhouse gas emissions and achieve sustainability. With a projected population of over 400 million and 70% urbanisation in the next 25 years, the shift from internalContinue Reading
