Prime Minister Shehbaz Sharif. Picture: APP/ File
Prime Minister Shehbaz Sharif on Tuesday emphasised the necessity to pursue renewable vitality sources to fulfill future calls for and instructed the formulation of a complete technique.
“Era of energy by means of hydropower, photo voltaic vitality, biogas, and different renewable sources will additional scale back the price of manufacturing and positively affect financial progress,” stated PM Shehbaz whereas chairing a gathering to assessment reform measures within the vitality sector.
In line with the Prime Minister’s Workplace (PMO), the prime minister reiterated the necessity to pursue renewable vitality sources to fulfill future calls for. He emphasised that these efforts would additionally scale back dependence on imported gas and said that no leniency could be proven to these concerned in energy theft.
“The transformers in areas with a excessive fee of energy theft have to be outfitted with sensible meters as quickly as potential,” he stated.
اسلام آباد : 5 مئی، 2026.
وزیراعظم محمد شہباز شریف نے پاور سیکٹر (شعبہ توانائی) سے متعلقہ اصلاحاتی اقدامات پر جائزہ اجلاس کی صدارت کی.
اجلاس سے گفتگو کرتے ہوئے وزیرِ اعظم نے کہا کہ مستقبل میں توا نائی کی ضروریات قابل تجدید توانائی سے پورا کرنے کے لیے جامع حکمت عملی بنائی… pic.twitter.com/rPLZ3FTpWo
— Prime Minister’s Workplace (@PakPMO) May 5, 2026
The assertion added that the prime minister instructed that departmental motion be ensured towards corporations which have lately violated the ‘Financial Benefit Order.’
The premier said that steps must be taken to make the facility market aggressive within the nation.
The assertion stated that the prime minister directed the expedited provision of 400 megawatts of electrical energy to the personal sector by means of the primary section of the Wheeling System.
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In line with PMO, in the course of the briefing, it was knowledgeable that attributable to efficient measures taken by energy distribution corporations, energy theft, non-payment, and different losses had considerably decreased.
“Energy distribution losses have decreased from 18.3% in June 2024 to fifteen.3% in March 2026. Electrical energy invoice restoration has additionally improved, rising to 96.46% in March 2026, in comparison with 90% in June 2024,” it stated.
The assembly was additionally knowledgeable in regards to the ongoing efforts to contain the personal sector in three energy distribution corporations, with the bidding course of set to be accomplished by November 2026.
Among the many attendees had been Legislation Minister Azam Nazeer Tarar, Financial Affairs Minister Ahad Khan Cheema, Finance Minister Aurangzeb, Petroleum Minister Ali Pervaiz Malik, Energy Minister Awais Leghari, Adviser on Privatization Muhammad Ali, State Minister for Finance Bilal Azhar Kayani, and different senior officers from related departments.
