Pakistan's Energy Minister unveils reforms to privatize electricity distribution and cut costs.

Pakistan's Energy Minister, Awais Leghari, has unveiled plans to reform the country's power sector, aiming to address inefficiencies and high costs. Key reforms include introducing the Independent System Market Operator (ISMO) by March 2025 and privatizing distribution companies. Leghari criticized past planning failures and highlighted the need for low-cost electricity and investment in water systems. The minister also sought Asian Development Bank's support for modernizing and privatizing distribution companies to boost efficiency.

November 14, 2024
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