Power reforms

The power sector of Pakistan is dealing with intricate and grave problems, such as bad governance, delayed decisions, and stagnant economic growth. These difficulties have resulted in inefficiencies which are affecting household incomes, while making businesses uncompetitive. Such inefficiencies are now reflected in the price of electricity, and the convoluted nature of the power sector in Pakistan. To address these problems, the Ministry of Power is working to privatize DISCOs and thereby improve operational efficiency and reduce electricity theft and circular debt.

This privatization will help attract capital and enhance the power sector’s performance. Reducing carbon emissions and implementing a competitive pricing system are also government priorities. The solar strategy aims to incentivize the widespread adoption of solar energy without compromising grid stability. The implementation of these reforms will serve as a driving force for Pakistan’s industrial progress.

Momina Jadoon

Lahore