The federal government has announced significant electricity cost relief for industrial consumers, reducing power tariffs by around Rs. 4.04 per unit after Prime Minister Shehbaz Sharif approved the complete removal of cross-subsidy charges from industrial power bills. Federal Minister for Power Division Sardar Awais Ahmed Khan Leghari said the decision follows the prime minister’s directive […]
PM Orders Acceleration in Privatization of DISCOs and GENCOs to Reform Power Sector
Prime Minister Shehbaz Sharif has directed authorities to accelerate the privatization of electricity distribution companies (DISCOs) and generation companies (GENCOs), underlining the government’s push to overhaul Pakistan’s struggling power sector. The directive was issued during a high-level review meeting on power sector reforms held in Islamabad. During the meeting, the Prime Minister emphasized that creating […]