Prime Minister (PM) Shehbaz Sharif said that electricity tariffs will further be reduced for domestic consumers and industries through reforms in the electricity sector.
He expressed satisfaction with the current changes in the electricity sector, stating that they are producing great results, while chairing a review meeting of the sector in Islamabad on Friday.
PM Shehbaz said that he has pledged to guarantee the supply of affordable and sustainable power. He said revising agreements with IPPs is saving the national treasury and reducing electricity prices for consumers.
The Prime Minister made reference to the campaign against power theft and pledged to speed it up even further in order to completely eradicate the losses incurred by all distribution firms in this area.
PM Shehbaz said that appointment of well-reputed board members from the private sector in electricity distribution companies is improving their performance. He said the reduction in transmission losses of electricity is also a clear indication of the positive results of the reforms.
