Islamabad (Web Desk): Prime Minister Shehbaz Sharif on Friday instructed a further reduction in electricity tariffs for consumers, aiming to make power more affordable.
In a meeting held in Islamabad to discuss the country’s future energy plans, the premier emphasized that the focus should be on low-cost electricity generation projects moving forward.
He also urged that local resources, particularly renewable energy, be prioritized for power generation to ensure long-term sustainability.
During the meeting, the prime minister was briefed on the progress of ongoing hydropower projects, which he praised as a clean, cost-effective source of energy that is not only affordable but also beneficial to the environment.
PM Shehbaz expressed confidence in the potential of Pakistan’s vast hydropower and solar resources, stressing the importance of leveraging these assets to reduce dependence on costly imports and to meet the growing electricity demands.
The premier further emphasized that Pakistan should be transitioning its existing power generation infrastructure to solar energy, given its low cost and environmental benefits.
“Solar energy is being increasingly adopted worldwide, and Pakistan, with its abundant sunshine, is in an ideal position to capitalize on this resource,” PM Shehbaz noted.
The prime minister also highlighted the need to close down outdated and inefficient power plants that consume excessive fuel while producing insufficient electricity.
The decision aims to save valuable foreign exchange spent on fuel imports and lower the overall cost of electricity for consumers.
PM Shehbaz directed that immediate action be taken against any officials who may be delaying or obstructing reforms in the power sector.
Meanwhile, the premier called for the acceleration of reforms in the country’s power transmission system, emphasizing the need to modernize it in line with international standards.
He directed the authorities to implement modern technologies that would ensure the efficient selection and transmission of electricity, with a focus on minimizing costs and optimizing energy distribution.
The prime minister concluded by stressing that all necessary steps for reforming the power sector must be completed on time, ensuring that the country's energy infrastructure is prepared to meet both present and future demands.
