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Leghari, Canadian envoy discuss power sector reforms, investment prospects

Leghari, Canadian envoy discuss power sector reforms, investment prospects

ISLAMABAD, Apr 8: /DNA/ – Federal Minister for Power Sardar Awais Ahmed Khan Leghari on Wednesday held a meeting with Canadian delegation led by Canadian High Commissioner Tarik Ali Khan to discuss bilateral relations, energy sector cooperation and investment prospects.

During the meeting, the two sides exchanged views on promoting collaboration in the power sector and strengthening economic ties.

The Canadian envoy appreciated Pakistan’s positive role in facilitating a ceasefire in the context of recent US-Iran tensions and expressed hope that Islamabad would continue to support the upcoming dialogue process.

The minister urged the Government of Canada to play an active role in promoting dialogue and ensuring lasting peace in the region.

While discussing the energy sector, the Minister said that Pakistan achieved around 55% of its energy mix from clean sources last year. He said this reflects the government’s clear policy direction. He added that the government is taking steps to protect the power sector from unforeseen challenges. He noted that hydropower will be further expanded to provide affordable and sustainable electricity.

Sardar Awais said the government is working to reduce dependence on imported coal. He said plans are being reviewed to shift imported coal power plants to local coal. Environmental studies are near completion. If found feasible, the transition will be implemented.

He also highlighted that the government is promoting Battery Energy Storage Systems (BESS) at the utility level. He said private sector investment in this area is also being encouraged. He added that a system is being developed for the safe and environmentally friendly disposal of solar panel waste.

The Canadian High Commissioner appreciated these steps. He said that with the growing use of electric vehicles, proper planning for battery disposal is also important.

The Minister said that a Time-of-Use tariff will be introduced soon. He said this will promote efficient use of electricity. He added that industrial consumers will benefit from lower costs with higher usage during specific hours.

He further said that about two years ago the power sector was facing serious challenges. The government decided to step back from unnecessary projects. He said reforms are now being implemented based on a least-cost and sustainable approach.

Investment opportunities were also discussed. The Canadian High Commissioner said that a Canadian company, JCM, is interested in Pakistan’s energy sector. The Minister said Pakistan offers strong investment potential, especially in a competitive electricity market and transmission infrastructure. He said the government welcomes foreign investment. Both sides agreed to continue discussions at the technical level.

The Canadian High Commissioner also shared that a Global Energy Show will be held in Canada this summer. He said it will provide a good opportunity for Pakistani professionals to learn and connect. The Federal Minister welcomed this and said such platforms support technology transfer and strengthen cooperation.






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