Government Implements Reforms to Enhance Power Sector Efficiency

Islamabad: Minister for Power Division Sardar Awais Ahmed Khan Leghari announced that the government has introduced several reforms aimed at improving the efficiency of the power sector. He made these remarks during an event organized by the Pakistan Business Council in Islamabad.

According to Radio Pakistan, the Minister detailed that the reforms include the introduction of a competitive energy market, the de-politicization of the power sector, effective management of circular debt, and re-negotiations on terms and conditions with Independent Power Producers (IPPs). He noted that these reforms have resulted in positive and encouraging outcomes for the sector.

Additionally, the Minister emphasized that the government is actively pursuing clean and renewable energy projects, focusing on hydel and solar energy sources.

Check Also

Pakistan Developing Modern Regulatory Framework for Digital Assets: Bilal

Islamabad: Chairman of the Pakistan Virtual Assets Regulatory Authority, Bilal Bin Saqib, held a meeting with US Charg© d'Affaires Natalie Baker in Islamabad today to discuss Pakistan's evolving regulatory framework for digital assets. According to ...