Islamabad: Minister for Power Sardar Awais Ahmad Khan Leghari has announced that a new tariff policy is expected to be unveiled soon by the Prime Minister, aimed at enhancing the competitiveness of the country’s industries. The announcement was made during an energy workshop held in Islamabad.

According to Radio Pakistan, Sardar Awais Ahmad Khan Leghari highlighted the government’s significant achievements in reducing power prices for industries, noting a reduction of over thirty percent in the past year. This move is part of a broader strategy to bolster industrial growth and sustainability within the country.

The Minister also disclosed plans for the privatization of power distribution companies, emphasizing the positive impact of decreasing their operational losses. This initiative is seen as a crucial step towards improving the efficiency and service delivery of the power sector.

Additionally, Sardar Awais Leghari outlined the government’s focus on renewable energy, pointing out that three thousand megawatts of furnace oil-based plants have been shut down in recent months. This transition to cleaner energy sources underscores the government’s commitment to sustainable energy practices.

In a bid to further promote renewable energy, the Minister revealed plans to convert twenty-seven thousand agriculture tubewells in Balochistan to solar power within the next two to three months. This initiative aims to not only reduce dependency on traditional energy sources but also to support the agricultural sector with more reliable and sustainable power options.