Oilboy’s EV Charging Initiative — 70 Fast-Charging Stations Across Pakistan

The story around Oilboy EV charging stations in Pakistan is one of the more significant infrastructure announcements the local electric vehicle market has seen. Oilboy Energy Limited has outlined plans for a 70-site fast-charging network spanning major cities and inter-city routes, with the rollout targeted for the first quarter of 2027.

This article breaks down what has actually been proposed: the scale of the network, the estimated project cost, the Rs 1 billion rights issue behind the funding, the charging hardware specifications, the timeline, and just as importantly the execution realities that will determine whether the plan becomes a working network. Everything here is based on the company's PSX-submitted documents, and is described as planned rather than completed.

Oilboy Plans 70 EV Charging Stations Across Pakistan

The core of the announcement is a proposed network of 70 EV fast-charging stations distributed across the country. According to the company's disclosure, these sites are intended to cover major cities as well as inter-city routes, which suggests a network designed for both urban top-ups and longer-distance travel rather than city charging alone.

Seventy sites is a meaningful number in the Pakistani context. The country's existing public charging network has grown steadily but remains modest compared to the density of fuel stations on the same routes. A single operator adding a 70-site network if delivered as planned would represent one of the larger coordinated additions to national charging capacity so far.

Two things are worth keeping in perspective. First, this is a plan with a target date, not an operational network. Second, the company has not publicly disclosed the exact station locations. What has been shared is the scale, the intended coverage pattern, and the completion target of Q1 2027.

How Much Will the Oilboy EV Charging Project Cost?

The proposed project carries a total estimated cost of approximately Rs 1.025 billion. Of that, roughly Rs 25.42 million is expected to come from the company's internal cash resources, with the remaining amount to be raised primarily through the proposed rights issue.

Spread across 70 sites, that works out to an approximate average of around Rs 14–15 million per station. Treat that as a rough derived figure rather than a published per-site budget real-world costs will vary considerably depending on land arrangements, electricity load requirements, transformer needs, civil works and the charger configuration installed at each location.

What the number does tell you is that fast-charging infrastructure is capital-intensive. A 240kW DC charger is not a plug on a wall; it involves grid connection capacity, power electronics, safety systems and site preparation. That cost profile is a large part of why public charging networks in developing EV markets tend to scale in phases rather than all at once.

Oilboy Proposes Rs 1 Billion Rights Issue

To fund the bulk of the project, Oilboy has proposed a Rs 1 billion rights issue. The structure involves the issuance of 100 million ordinary shares at Rs 10 per share, which amounts to 200% of the company's existing paid-up capital.

In practical terms, that translates to 200 new shares offered for every 100 existing shares held. The proposal remains subject to the necessary regulatory and shareholder approvals, and the stated primary purpose of the funds is the EV charging infrastructure project.

A rights issue at 200% of paid-up capital is a substantial capital-raising exercise, and it signals that the charging network is being treated as a core business expansion rather than a side project. It also means the project's progress is tied to the approval and completion of that funding step.

Where Will Oilboy Charging Stations Be Located?

Oilboy has indicated that the proposed network will cover major cities and inter-city routes, but the exact station locations have not yet been publicly disclosed. Any specific list of sites circulating elsewhere should be treated with caution until the company confirms them.

Location strategy matters more for charging networks than it does for fuel stations. Urban chargers serve drivers without home charging access and provide convenient top-ups during the day. Motorway and inter-city chargers do something different they make long-distance EV travel viable at all, because a gap of a few hundred kilometres without a working fast charger effectively closes a route to most EVs.

A network split across both categories, as described, would address the two problems simultaneously: everyday charging convenience in cities, and route continuity between them. How well it works in practice will depend on where the 70 sites actually land relative to existing coverage.

Oilboy Chargers Will Offer Up to 240kW

On the hardware side, the planned stations are expected to use dual-nozzle DC fast chargers rated between 120kW and 240kW. The dual-nozzle configuration allows a single unit to serve up to two electric vehicles at the same time, which improves site throughput without requiring twice the equipment footprint.

That 15–20 minute estimate should not be read as a universal charging time. Actual duration depends on the vehicle's battery capacity, its maximum DC charging acceptance rate, the battery's temperature and starting state of charge, and whether the charger is delivering full power or splitting output between two vehicles.

Many EVs currently sold in Pakistan cannot accept anywhere near 240kW, so for those vehicles the station's rating is a ceiling rather than a delivered figure. The practical benefit of a high-rated charger is that it comfortably supplies whatever the car can take, and remains useful as newer, faster-charging models arrive.

When Will Oilboy's EV Charging Network Be Completed?

The network is targeted for completion by Q1 2027. That is the company's stated timeline, and it is best understood as a target rather than a guarantee that 70 stations will be energised and open on that date.

Infrastructure projects of this type are typically delivered in phases, with early sites coming online well before the full network is finished. If the rollout follows that pattern, drivers may see individual Oilboy stations appearing across the country ahead of the completion target rather than all at once at the end.

Why Oilboy's EV Charging Network Matters for Pakistan

Charging infrastructure is the practical limit on EV adoption in most markets, and Pakistan is no exception. Range anxiety is rarely about the car's range in isolation it is about whether a reliable charger exists where and when a driver needs one. Every additional fast-charging site reduces that uncertainty, particularly on inter-city corridors where the consequences of a missing charger are highest.

Pakistan's public charging network is already expanding across major cities and motorway corridors. For a broader look at existing locations, charger types and charging costs, see our guide to EV charging stations in Pakistan.

Against that backdrop, a proposed 70-site network from a single operator is significant not just for its size but for its coherence. Networks planned as networks with consistent hardware, coverage logic and route continuity tend to build driver confidence faster than the same number of stations added piecemeal by unrelated operators.

What Could Delay the Oilboy Charging Station Rollout?

This is the part of the story that usually gets skipped, and it matters. Oilboy itself has acknowledged that EV charging is a new business segment for the company, which makes execution a genuine variable rather than a formality.

The realistic friction points across a 70-site rollout include site acquisition and lease arrangements, electricity load approvals from the relevant distribution companies, transformer availability and installation, civil works at each location, procurement and import of charging equipment, broader regulatory approvals, grid connection scheduling, and finally installation, testing and commissioning.

Any one of these can compress or extend a timeline, and grid-related approvals in particular tend to be the slowest step in charging deployments globally. None of this makes the plan less credible it simply means the sensible way to track it is by watching commissioned stations appear, rather than by treating the announcement itself as delivered capacity.

What Does Oilboy's EV Expansion Mean for Pakistan's EV Market?

EV growth depends on two things moving together: more electric vehicles on the road, and more reliable charging infrastructure to support them. Pakistan has seen steady progress on the vehicle side, with models from BYD, MG, Deepal, GAC and Haval broadening the choice available to buyers. The charging side has been the slower half of that equation.

A successfully executed 70-site fast-charging network would meaningfully improve charging availability, particularly for long-distance travel where coverage gaps currently shape route planning. The wider effect would be on ownership confidence when drivers stop treating intercity trips as something requiring careful calculation, EVs become a straightforward purchase decision rather than a considered trade-off. Whether the Oilboy plan delivers that shift depends entirely on execution over the next several quarters.

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