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Pakistan plans major electricity market reforms, ending government monopoly and seeking World Bank support.
Pakistan plans to introduce a competitive electricity market, ending the government's role as the sole power purchaser.
The Federal Minister for Power, Sardar Awais Ahmad Khan Leghari, discussed these reforms with the World Bank.
Plans include establishing an Independent System and Market Operator (ISMO) and offering surplus electricity to industries at reduced rates, aiming to make it the cheapest in the region.
The World Bank supports these initiatives and has pledged additional funding.
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Pakistán planea grandes reformas en el mercado de la electricidad, poniendo fin al monopolio gubernamental y buscando el apoyo del Banco Mundial.