Rising electricity demand reflects success of govt policies: Leghari

ISLAMABAD, Apr 02 (APP):Federal Minister for Power Awais Ahmed Khan Leghari on Thursday said that the steady increase in electricity consumption in the country reflects the success of the government’s energy policies and reform measures.

He expressed these views during a meeting with World Bank Country Director Bolormaa Amgaabazar, who called on him here, said a press release.

The minister said the government is working to make electricity tariffs competitive to support key sectors of the economy. He informed that after reviewing concessional tariffs for industries, the Power Division is now working on Time-of-Use proposals aimed at further enhancing energy competitiveness.

Highlighting future plans, Leghari said the government intends to tap the country’s vast solar potential while offering concessional tariffs to industries. He added that consultations with stakeholders are currently underway in this regard.

The minister also noted that major policy decisions are being considered to utilise indigenous resources for electricity generation. He said the evolving situation in the Middle East has reinforced the government’s resolve to reduce reliance on external energy sources.

Appreciating the World Bank’s continued support, Leghari acknowledged the successful implementation of various energy sector projects and reaffirmed the government’s commitment to further strengthening cooperation.

On the occasion, the World Bank Country Director lauded the Power Division’s reform agenda and reiterated the Bank’s commitment to supporting Pakistan in key areas, including tariff rationalisation, transmission and distribution improvements, and renewable energy integration.