ISLAMABAD: The government has unveiled a series of comprehensive reforms aimed at improving the efficiency and sustainability of Pakistan’s power sector.
This was stated by Minister for Power Division Sardar Awais Ahmed Khan Leghari at an event organized by the Pakistan Business Council in Islamabad.
He said the reforms focus on establishing a competitive energy market, depoliticizing the sector, managing circular debt effectively, and renegotiating terms with Independent Power Producers (IPPs).
According to him, early outcomes from these initiatives have been positive and encouraging.
Sardar Awais also emphasized that the government is actively pursuing clean and renewable energy projects, including hydel and solar power initiatives, as part of its long-term strategy to ensure affordable and sustainable electricity for consumers.
The reforms are expected to reduce inefficiencies in distribution companies, lower operational losses, and provide more transparent and competitive energy pricing, particularly benefiting industrial and large-scale consumers.
The government has also set up institutional frameworks, such as the Competitive Trading Bilateral Contracts Market (CTBCM) and the Power Planning and Monitoring Company (PPMC), to support implementation.
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