Govt accelerates power reforms, promotes solar storage

MG News | September 03, 2026 at 03:07 PM GMT+05:00

Add Mettisglobal as a Trusted Source on Google

0:00

September 03, 2026 (MLN): The government is pursuing power-sector reforms to improve efficiency and reduce losses through privatization, Federal Minister for Power Sardar Awais Ahmad Khan Leghari said on Wednesday.

Speaking to a private television channel, Leghari said progress had been made in revising and renegotiating contracts with Independent Power Producers (IPPs), while electricity tariffs for industries had also been reduced.

He said the government was promoting solar electricity along with battery-based energy storage to lower reliance on expensive power during peak hours.

The minister said reforms were also being implemented to curb electricity theft, while measures had been taken to reduce the tax burden on the common people.

He added that load shedding was being shifted from feeders to transformers through significant investment, with the aim of restricting power outages to areas experiencing the highest levels of electricity theft and avoiding disruption for consumers who regularly pay their electricity bills.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	170,337.15 132.10M	1.38% 2318.28
ALLSHR	102,360.54 406.81M	1.35% 1359.18
KSE30	50,120.73 70.47M	1.43% 708.96
KMI30	244,375.35 58.60M	1.58% 3794.36
KMIALLSHR	66,256.58 169.34M	1.45% 947.42
BKTi	46,349.26 20.56M	0.92% 423.41
OGTi	34,257.17 2.71M	1.18% 398.36

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	77,060.00	77,430.00 76,450.00	220.00 0.29%
BRENT CRUDE	105.86	107.24 104.27	1.09 1.04%
RICHARDS BAY COAL MONTHLY	129.00	129.00 129.00	0.75 0.58%
ROTTERDAM COAL MONTHLY	142.50	0.00 0.00	0.35 0.25%
USD RBD PALM OLEIN	1,182.50	1,182.50 1,182.50	0.00 0.00%
CRUDE OIL - WTI	97.43	98.69 96.12	0.97 1.01%
SUGAR #11 WORLD	18.46	19.06 18.39	-0.60 -3.15%