Stakeholders push for swift implementation of competitive power market

power market

KARACHI: Leading stakeholders from Pakistan’s energy and policy landscape convened at a high-level multi-stakeholder dialogue hosted by Renewables First, Pakistan’s think tank for energy and environment, on Wednesday in Islamabad to assess the financial and technical readiness for operationalising a competitive electricity market. The event brought together senior government officials, legislators, regulators, development partners and power sector experts to chart a course for implementing the long-delayed competitive trading bilateral contracts market (CTBCM) reform. The CTBCM, already approved by the Economic Coordination Committee and the National Electric Power Regulatory Authority (Nepra),…

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Energy minister fires seven NTDC officials over project delays

Energy Minister Awais Leghari, has ordered the immediate dismissal of seven senior officials from the National Transmission & Despatch Company (NTDC) over negligence and delays in critical infrastructure projects, the Power Division announced on Wednesday. Among those removed are Deputy Managing Director, two General Managers, Chief Financial Officer, and three chief engineers. The move follows a high-level performance review meeting, during which the minister expressed serious concern over inefficiencies and their mounting economic cost. “The NTDC board has been directed to show zero tolerance for delays,” Leghari said in the…

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How India’s suspension of Indus Waters Treaty may cause power crisis in Pak

India’s suspension of the Indus Waters Treaty does not bode well for Pakistan’s energy sector, which is heavily supported by its various hydropower projects. India suspended the Indus Waters Treaty (IWT) of 1960 with Pakistan a day after at least 26 people were killed in the Pahalgam terror attack. The Ministry of External Affairs said on Wednesday that the Indus Waters Treaty of 1960 will be held in “abeyance” until Pakistan irreversibly ends its support for cross-border terrorism. The Indus Waters Treaty, mediated by the World Bank, split the Indus River…

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