Achi news desk-
PM Shehbaz approves reforms, reconstruction of NTDC
ISLAMABAD: Prime Minister Shehbaz Sharif has approved in principle the fundamental reforms and reconstruction of the National Transmission and Dispatch Company (NTDC).
He gave this approval while chairing the third and final phase of a high-level meeting in Islamabad, focusing on assessing reforms in the power sector.
To ensure that these reforms are implemented and implemented effectively, Prime Minister Shehbaz Sharif has formed a committee, which was tasked with finalizing recommendations and overseeing the application of reforms and restructuring.
To ensure the successful implementation of the power sector reforms, the Prime Minister has also ordered the establishment of a cell in the Prime Minister’s Office in Islamabad, which will closely monitor the entire process.
The First Minister also asked for a report on the conversion of high loss fans to energy efficient fans, a project initiated during his previous term.
In addition, the prime minister also ordered to shape a comprehensive strategy to provide energy-efficient fans to low-income consumers. Efforts are made to ensure that electricity is provided to industries at reduced rates in order to promote industrial growth and increase revenue.
The meeting led to significant decisions regarding the electricity transmission system and the Distribution Companies (DISCOs).
The meeting discussed at length various proposals regarding the issues and reforms of the National Transmission and Dispatch Company. Recommendations were also made regarding the current situation of the Distribution Companies, their losses, and the outsourcing of work.
The meeting was briefed on tariff rationalization and informed about electricity rates provided to industries and domestic consumers. Various regulations were presented at the meeting, suggesting the use of electricity instead of gas for cooking purposes, among other uses.
Shehbaz Sharif appreciated the briefing and issued directives for timely implementation of approved reforms.
The meeting was attended by Federal Ministers Mohammad Ishaq Dar, Ahad Khan Cheema, Muhammad Aurangzeb, Ataullah Tarar, Sardar Owais Khan Leghari, Dr Musadik Malik, Abdul Aleem Khan, former Power Minister Muhammad Ali, Deputy Chairman Planning Commission Jahangir Khan, Members of the Assembly National Bilal Azhar Kiani, Engineer Qamar ul Islam, Coordinator to Minister Shahbaz Sharif Rana Ehsan Afzal, Chairman FBR, Chairman NEPRA, and other relevant high ranking officials.
