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RLNG Electricity Hits Rs47.4 Per Unit

RLNG Power Cost Surges 242% to Record Rs47.4 Per Unit

Pakistan’s RLNG-based electricity generation cost surged 242% to a record Rs47.4 per unit in July, up from below Rs14 in April. The spike followed the purchase of five costly spot-market LNG cargoes after Qatari supplies were disrupted by the US-Iran war. Power companies have requested a Rs2.52-per-unit fuel cost adjustment for September bills, despite 73% of July’s electricity being generated from cheaper domestic sources. RLNG accounted for approximately 11% of total grid generation.

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Local Affairs

August Inflation Hits 11.15%, Rising From 9.2% in July

Pakistan’s annual consumer price inflation surged to 11.15% in August 2026, up from 9.2% in July, according to the Pakistan Bureau of Statistics. Urban inflation accelerated to 10.4%, while rural inflation remained above both the national and urban rates. On a month-on-month basis, urban prices increased by 0.9%, signaling stronger inflationary pressure across the country.

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PM Shehbaz Arrives in Bishkek

Prime Minister Shehbaz Sharif has arrived in Bishkek for the SCO Council of Heads of State meeting and SCO Plus Summit. During his three-day official visit to Kyrgyzstan, Pakistan will assume the chairmanship of the SCO Council of Heads of State for 2026–2027. The prime minister will also hold bilateral meetings with participating leaders and is accompanied by senior cabinet members and government officials.

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Engro to Sell EPCL Stake for Rs19.7bn

Engro Corporation Limited has signed a share purchase agreement with Lotte Chemical Pakistan Limited to sell its entire 56.19% stake in Engro Polymer & Chemicals Limited. The transaction is valued at approximately Rs19.7 billion, equivalent to around $70.95 million. The agreement follows Engro’s 2025 restructuring, which established Engro Holdings as the conglomerate’s investment arm.

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