Ali Pervez Malik advocates for sustainable energy policies

Web DeskJune 11, 2024 04:55 PMbusiness
  • Reducing capacity payments to promote grid reliance
  • Aurangzeb emphasizes government's withdrawal from agricultural sector
  • Government aims for stable and affordable energy supply
Ali Pervez Malik advocates for sustainable energy policiesImage Credits: tribune.com.pk
State Minister for Finance, Ali Pervez Malik, and Aurangzeb discuss reducing capacity payments to promote grid reliance and sustainable energy policies.

In a recent meeting, the State Minister for Finance, Ali Pervez Malik, accompanied by Aurangzeb, discussed the potential benefits of reducing capacity payments as power consumption from the grid rises. Aurangzeb, a strong advocate for the agricultural sector, emphasized the need for the government to step back from its involvement in this industry.

This move is aimed at promoting a more sustainable and efficient energy sector, where consumers can benefit from lower costs as power usage increases. By reducing capacity payments, the government hopes to encourage greater reliance on the grid, leading to a more stable and affordable energy supply for all.

The government's focus on reducing capacity payments and promoting grid reliance marks a significant step towards a more sustainable energy future. By encouraging increased power consumption and decreasing government intervention in the agricultural sector, policymakers are paving the way for a more efficient and cost-effective energy landscape.

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