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Pakistan to launch competitive electricity market, ending government monopoly and attracting private investment.
Pakistan plans to launch its first competitive electricity market in the next two months, ending the government's monopoly on power procurement.
The new Competitive Trading Bilateral Contract Market (CTBCM) will allow direct trading between producers and consumers.
The move aims to tackle issues like circular debt and subsidies while promoting private investment in the energy sector.
The World Bank has praised these reforms and pledged support for building a sustainable energy system in Pakistan.
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Pakistán lanzará un mercado de electricidad competitivo, poniendo fin al monopolio gubernamental y atrayendo inversiones privadas.