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Transformational Partnership: Government of Gilgit-Baltistan Commences Its First Energy-Sector Public–Private Partnership

GILGIT, DEC 3 /DNA/: The Government of Gilgit-Baltistan and NPAK Energy Limited (NPAK Energy), a subsidiary of Industrial Promotion Services (IPS) of the Aga Khan Fund for Economic Development (AKFED), today signed a set of agreements formally enabling NPAK Energy to begin operations as the utility operator responsible for power generation, transmission, and distribution across the Hunza District, effective 1 January 2026. These agreements mark a significant milestone in the implementation of the long-term public–private partnership established under the original Concession Agreement between the Government of Gilgit-Baltistan and NPAK EnergyRead More