Finance Minister Muhammad Aurangzeb announced that structural reforms are underway in the power sector to boost efficiency and service delivery. In a meeting with K-Electric on Tuesday, he said the reforms include reconstituting Disco boards by adding private sector professionals and reducing government nominees.
K-Electric shared its seven-year plan, aiming for 2,172 MW of additional power by 2030, including 1,182 MW from renewable sources to lower costs for Karachi. The delegation, led by KE Chairman Mark Skelton, also discussed pending liabilities and tariff reduction initiatives.