Islamabad (TDI): Federal Minister for Power Sardar Awais Ahmed Khan Leghari has said that the steady increase in electricity consumption across Pakistan reflects the success of the government’s energy policies.
He expressed these views during a meeting with World Bank Country Director Bolormaa Amgaabazar in Islamabad on Thursday.
The minister said that the government is aiming to make electricity tariffs competitive enough so that the country’s main economic drivers can benefit from it. He apprised the World Bank Country Director that the Power Division, after assessing concessional tariffs for industries, Power Division is currently working on Time of Use proposals for Industries to further improve the country’s energy competitiveness.
He said that the aim is to benefit from the country’s solar potential and provide concessional tariffs to industries. He added that the Power Division is currently in consultation with all stakeholders.
Sardar Awais Leghari said that the Power Division is also considering major policy decisions to utilise the country’s indigenous resources for electricity generation. He said that the current situation in the Middle East has further reinforced Govt efforts to utilize the indigenous resources.
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He appreciated the World Bank for its continued cooperation in the energy sector and acknowledged the successful implementation of existing projects. He expressed the Government’s resolve to continue working closely with the World Bank to further strengthen Pakistan’s energy infrastructure.
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The World Bank Country Director appreciated the Power Division’s reform agenda and reaffirmed the Bank’s commitment to working with the Ministry on priority areas, including tariff rationalisation, transmission and distribution network and renewable energy integration.
Sohail Majeed
Sohail Majeed is a Special Correspondent at The Diplomatic Insight. He has twelve plus years of experience in journalism & reporting. He covers International Affairs, Diplomacy, UN, Sports, Climate Change, Economy, Technology, and Health.
