Pakistan Government Initiates Sustainable Energy Projects and Strategic Oil Reserves Expansion
Pakistan is set to enhance its strategic oil reserves from 20 to 30-45 days of consumer demand as part of its 2026-27 Annual Plan. The initiative aims to reduce fuel import dependency and bolster national energy security amidst regional instability.
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Pakistan plans to expand its strategic oil reserves to cover 30 to 45 days of consumer demand, increasing from the current 20 days. The government will invest Rs151.259 billion in the power sector under the Public Sector Development Programme (PSDP) for 2026-27, targeting a 30% share of renewable energy in the generation mix by 2030.
A 500-kilovolt transmission corridor will be developed, capable of transmitting 2,300 megawatts, along with integrating Battery Energy Storage Systems (BESS) and Statcom devices into the national grid. An additional 3,787 megawatts of clean electricity capacity is expected to be connected. Public-private partnerships will enhance refining and LNG infrastructure, addressing energy sustainability.
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