Pakistan Seeks U.S Assistance for International Financing in Power Sector

Staff Report

Pakistan has sought U.S assistance in securing international financing for Pakistan’s power sector at more favorable rates.

The Minister for Power Sardar Awais Leghari expressed the need for U.S. technical support to address the seasonal generation and demand gap.

He also highlighted the importance of American assistance in securing international financing for Pakistan’s power sector at more favorable rates.

A delegation of the US Department of Treasury met Federal Minister for Power Sardar Awais Leghari.

The US delegation was led by Assistant Secretary Brent Neiman. The meeting aimed to explore potential collaborations in the energy sector.Ambassador of Belarus called on Minister for Defence

Federal Minister for Power Sardar Awais Leghari said that the reform plan has been made to remove the deficiencies in the power sector. The purpose of these reforms is to improve the energy mix of Pakistan and eliminate other deficiencies of the power sector.

The Minister informed the Secretary that reforms are being implemented to increase private sector participation in the distribution and transmission of electricity in Pakistan.

These reforms aim to improve the quality of service being delivered to the people of Pakistan.

Regarding debt management, the minister said that Pakistan is starting a fan replacement program that will save energy and improve the seasonal variation in energy demand.

The US Assistant Secretary of Treasury appreciated Pakistan’s power sector reform initiatives and assured all possible cooperation to resolve Pakistan’s power sector problems.