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
