Islamabad (Web Desk): Minister for Power, Sardar Awais Ahmad Khan Leghari, announced on Saturday a major restructuring of the National Transmission and Dispatch Company (NTDC), aimed at enhancing the efficiency and cost-effectiveness of electricity distribution across Pakistan.
The overhaul will involve the creation of three distinct entities, each designed to improve the country's power supply system.
Speaking at a press briefing in Islamabad, Minister Leghari explained that, as part of ongoing energy sector reforms, it had become clear that NTDC required a significant restructuring to ensure smoother operations and more reliable service.
The restructuring plan includes the formation of three new companies: The first will be an Independent System Market Operator, responsible for facilitating better management of electricity purchases and sales in the market.
The second company, the National Grid Company of Pakistan, will oversee the operation of the national electricity grid, ensuring a more efficient and streamlined power distribution system. The third entity, the Energy Infrastructure Development and Management Company, will focus on ensuring the timely, transparent, and cost-effective execution of power projects throughout the country.
The minister confirmed that the restructuring will be completed by February 2025, with all three companies fully operational by that time.
This reform is part of the government’s broader strategy to strengthen the power sector and provide a more affordable and reliable electricity supply to consumers.
Awais Leghari also highlighted the Electricity Sahulat Package, which was announced by Prime Minister Shehbaz Sharif on Friday, as another key initiative aimed at reducing electricity costs for consumers.
He reiterated the government’s commitment to bringing down electricity prices permanently and alleviating the financial burden on Pakistani households.
In response to a question, the power minister noted that Pakistan is a regional leader in the use of clean energy, with minimal contribution to global climate change.
He projected that, within the next decade, 88% of the country's energy consumption will be derived from clean and renewable sources, underscoring Pakistan's commitment to sustainable energy practices and reducing its environmental impact.