Pakistan pins hopes on CPEC to Solve Energy crisis

Pakistan expects the China-Pakistan Economic Corridor (CPEC) projects to eliminate the country’s energy shortage and reduce power price, a high-level emergency meeting chaired by Prime Minister Anwarul Haq Kakar told on Sunday evening.

PM Kakar said after the meeting that within the next 48 hours, concrete measures must be brought forward to address the issue of rising electricity bills.

During a meeting focused on the surge in electricity costs, power theft, and power sector challenges, he emphasized the need for a comprehensive plan.

Briefing the PM, caretaker federal ministers Shamshad Akhtar, Gohar Ejaz, Murtaza Solangi, Advisor to the Prime Minister Dr Waqar Masood and senior officials told the PM that while emergency steps will be taken, CPEC projects will give the ultimate solution.

They maintained that CPEC powers projects will provide cheaper power which will give the government a room to reduce power rates for the consumers, especially the commoners.

Detailed information about the July increase in electricity bills was provided during the meeting. The Prime Minister emphasized that any decisions would be taken thoughtfully to prevent negative impacts on the nation.

He stressed on implementing strategies that will not burden the national treasury excessively and would also benefit consumers, said an official statement.

The Prime Minister highlighted the inconsistency of the general public facing difficulties while he and government officials enjoyed tax-funded free electricity.

He called for transparency regarding institutions and individuals receiving complimentary electricity. Expressing his commitment to the common citizen, he urged reductions in electricity expenses at the Prime Minister House and Pakistan Secretariat.

Kakar even suggested turning off his own room’s air-conditioning if necessary. He revealed plans for detailed discussions with provincial chief ministers on electricity conservation and the increased July electricity bills.

He demanded power distribution companies to outline strategies for curbing electricity theft. The Prime Minister also requested the presentation of reform plans for the electricity sector, encompassing short, medium, and long-term approaches.