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Pakistan's National Task Force for power sector initiates reforms, including privatization and competitive market, to reduce electricity prices, address circular debt, and improve availability.
Pakistan's National Task Force for the power sector is implementing reforms to reduce electricity prices and improve availability.
Led by Energy Minister Owais Laghari, the initiative includes privatizing distribution companies and creating a competitive power market for consumers.
These efforts address a $9.5 billion circular debt and aim to enhance economic growth, transparency, and access to affordable electricity, responding to public protests over high bills.
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El Grupo de Tareas Nacional del Pakistán para el sector de la energía inicia reformas, incluidas la privatización y el mercado competitivo, para reducir los precios de la electricidad, hacer frente a la deuda circular y mejorar la disponibilidad.