In a Multan press conference, Leghari reaffirmed the government’s resolve to end power theft in the nation.
He gave customers of energy peace of mind by saying that steps are being done to stop this threat.
Regarding the delivery of the Rs 45 billion relief package to each and every customer, the minister disclosed that negotiations are in progress with power distribution corporations.
Customers will be able to pay for electricity in advance using the prepaid meter system, which will lessen the chance of theft and late payments.
According to the minister of energy, the National Energy Administration of China has been presented with the government’s reform plans and energy vision.
According to Awais Leghari, re-profiling debt of between $8.5 and $9 billion was a significant component of these negotiations, which should lower electricity costs and boost demand for the commodity.
He added, “For possible investments in Pakistan’s power sector, the finance minister and other officials have been in contact with Chinese bankers.”
He added that switching from imported to domestic coal in power plants might result in a considerable reduction in the price of electricity per unit. This is another important aspect of these reforms.
He said that in an effort to lower energy costs from about 24 rupees per unit to about 8 rupees per unit, the conversion of four coal facilities, including the government-owned Jamshoro plant, to local coal was being examined.