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Pakistan Seeks U.S. Support to Accelerate Power Reforms, Lure Investors

The power minister requested U.S. help to mobilize lenders to unlock financing for transmission upgrades, including DISCO privatisation.

Overview

  • Power Minister Awais Ahmed Leghari met U.S. Ambassador Natalie Baker in Islamabad to brief her on energy reforms and investment opportunities, with the envoy praising progress on circular debt management.
  • Leghari asked for U.S. diplomatic backing to engage the IMF and World Bank to remove obstacles to sustainable sector growth.
  • He urged outreach to American investors for participation in grid projects and to consider acquiring distribution companies slated for privatisation.
  • The minister promoted the new Surplus Power Package that offers lower-cost electricity to industry and sought support to extend it to greenfield plants.
  • In a separate session with GE Vernova’s hydropower chief, Pakistan explored hydropower and storage options as it targets least‑cost supply, including battery systems and pumped‑storage.