Prime Minister Shehbaz Sharif has instructed the formulation of a comprehensive strategy to meet Pakistan’s future energy requirements through renewable energy sources. He emphasized the importance of reducing reliance on imported fuel and promoting sustainable energy solutions.
Prime Minister @CMShehbaz has directed to prepare a comprehensive strategy to meet future energy needs through renewable sources @PakPMO @GovtofPakistan #RadioPakistan #News https://t.co/2uBSSPR8dY pic.twitter.com/HwqrJYRXFm
— Radio Pakistan (@RadioPakistan) May 5, 2026
The Prime Minister chaired a review meeting in Islamabad today, focusing on the progress of reforms within the power sector. He stated that electricity generation via renewable sources, including hydropower, solar energy, and biogas, will significantly reduce production costs and positively impact economic growth.
Sharif made it clear that there would be zero tolerance for electricity theft. He directed departmental action against electricity distribution companies found violating the Economic Merit Order. He also called for an acceleration of the project to install smart meters on transformers in areas prone to electricity theft.
The Prime Minister urged the acceleration of efforts to promote a competitive electricity market in the country and fast-tracked the supply of 400 megawatts of electricity to the private sector under the wheeling system in the first phase.
The meeting revealed significant improvements in the power sector. Losses related to electricity theft, non-recovery, and other inefficiencies in distribution companies have decreased substantially compared to last year. Transmission losses have reduced from 18.3 percent in June 2024 to 15.3 percent in March 2026. Electricity bill recovery has also improved from 90 percent in June 2024 to 96.46 percent in March 2026.
The meeting was also informed that work on including the private sector in three distribution companies is underway, with the bidding process expected to be completed by November of this year. Additionally, smart meters have been installed on 2,500 loss-making feeders.
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