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The Pakistani government is taking steps to reduce power tariffs by decreasing the return on equity (ROE) for public sector power projects, including hydropower.

Date:

August 6, 2024

The Pakistani government is taking steps to reduce power tariffs by decreasing the return on equity (ROE) for public sector power projects, including hydropower.

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This move aims to make energy more affordable for consumers. Additionally, the government plans to:

Sell profitable energy sector entities to Global Capable Companies (GCCs) through strategic divestment
Separate gas companies’ pipeline and transmission businesses from distribution activities and privatize them
Buy back old and inefficient power plants through Pakistan investment bonds
Implement weighted average cost of gas (WACOG)
Rearrange monthly LNG cargoes with Qatar for efficient utilization
Engage with China for offshore exploration
Offer incentives for exploration and provide concession blocks
Launch seasonal electricity tariffs to encourage electric vehicle adoption and offer discounted financing for hybrid automobiles and electric home appliances

These measures aim to address the country’s energy challenges and make power more affordable.

#Pakistan #EnergyReforms #PowerTariffs #ReturnOnEquity #Hydropower #Privatization #EnergySector #GlobalCapableCompanies

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