A major development has emerged in the bidding process for the two new franchises of the Pakistan Super League, with Invirex Solar Energy securing the top position among pre-qualified bidders.
According to the details, Invirex Solar Energy ranked first among ten shortlisted bidders for the upcoming PSL team auction. The top ranking reflects the company’s preparedness, investment confidence, and structured long-term strategy for entering professional sports ownership.
Industry observers say leading the bidder list highlights Invirex’s readiness to undertake large-scale ventures beyond the energy sector. The company has built its reputation on advanced technology, sustainable energy solutions, and strong corporate leadership.
And we're off! 🤩@InverexSolar confirmed as Qualified Bidder #1 in the HBL PSL Teams Auction.#HBLPSL | #NewEra pic.twitter.com/l5lj5IELhH
— PakistanSuperLeague (@thePSLt20) January 5, 2026Invirex Solar Energy has signalled its intention to play a meaningful role in Pakistani sports. Company representatives believe cricket offers a powerful platform to promote national identity, progress, and unity.
Commenting on the development, Muhammad Zakir Ali, Chief Executive Officer of Invirex Solar Energy, said the company has strong confidence in cricket and its fan base nationwide.
“Our vision is simple yet powerful,” he said. “We aim to energise Pakistan, whether on the field or off it.” He added that Invirex remains committed to contributing to the country’s growth and long-term prosperity.
The auction ceremony for the two new PSL franchises is scheduled for January 8 in Islamabad. The event is expected to finalise ownership decisions and mark a new phase in the Pakistan Super League’s expansion.
Cricket officials believe the addition of two new teams will broaden the league’s reach, increase competition, and create fresh commercial and sporting opportunities for the PSL.
