Minister for Power Sardar Awais Ahmed Khan Leghari has said the government is aiming to make electricity tariffs competitive so that the country's main economic drivers can benefit from it.He was talking to the World Bank Country Director, Ms Bolormaa Amgaabazar who called on him in Islamabad on Thursday. Sardar Awais Leghari said the Power Division, after assessing concessional tariffs for industries, is currently working on Time of Use proposals for Industries to further improve the country's energy competitiveness. 

He said that the aim is to benefit from the country's solar potential and provide concessional tariffs to industries. He said the Power Division is currently in consultation with all stakeholders.The Minister said that the Power Division is also considering major policy decisions to utilize the country's indigenous resources for electricity generation. He said that the current situation in the Middle East has further reinforced government’s efforts to utilize the indigenous resources.

The Minister for Power mentioned that there is a significant and gradual increase in electricity consumption in Pakistan, which is an indicator of the success of the government's policies.The World Bank Country Director appreciated the Power Division's reform agenda and reaffirmed the Bank's commitment to working with the Ministry on priority areas, including tariff rationalization, transmission and distribution network, and renewable energy integration.

Credit: Independent News Pakistan (INP)