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flag Pakistan launches 800 MW wheeling auction to let industries buy power directly, cutting costs and boosting efficiency.

flag Pakistan has launched reforms to create a transparent, competitive electricity market, introducing a Wheeling Auction Framework for 800 MW of power to enable large industrial consumers to directly buy electricity at lower rates. flag The Competitive Trading Bilateral Contracts Market (CTBCM), led by the Independent System and Market Operator (ISMO), aims to boost efficiency, attract investment, and reduce energy costs through fair competition, global best practices, and stakeholder collaboration. flag Key elements include hourly imbalance calculations, marginal pricing, and performance guarantees, with the government pledging full support to ensure implementation. flag The initiative, part of a broader effort to modernize the power sector, is expected to improve reliability, promote renewable energy integration, and enhance industrial competitiveness, with 2025–26 declared the “Year of Service to Consumers.”

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