Moonis Alvi and Awais Leghari Lead Energy Sector Discussion

The '7th Leaders In Islamabad Summit' brought together power sector experts and leaders to discuss the future of Pakistan's energy sector. Key figures such as Moonis Alvi, CEO of K-Electric, and Federal Minister of Energy, Awais Leghari, shared insights on the industry's transformation.

Alvi emphasized the importance of privatization in tackling circular debt and enhancing efficiencies through technology adoption. He highlighted K-Electric's efforts to incorporate renewable energy sources like solar and wind to diversify its generation portfolio.

Minister Leghari outlined the government's initiatives to reform the sector, including limiting power purchase contracts and improving regulatory frameworks. He stressed the need for policy continuity to attract investors and ensure sustainable growth.

The discussions also touched upon addressing inefficiencies within entities like NTDC, rationalizing tariffs, and stimulating demand through energy-efficient practices. Former Energy Minister, Muhammad Ali, proposed privatizing NTDC to drive operational improvements.

The summit underscored the potential for Pakistan to optimize its energy sector by leveraging privatization, enhancing regulatory mechanisms, and promoting energy efficiency. The industry experts highlighted the importance of aligning policies with long-term goals to achieve a sustainable and accessible energy landscape.