Overview
- Power Minister Sardar Awais Leghari met ADB Director General Leah Gutierrez to request financing and advisory support for debt repayment, grid stability and investor confidence.
- The government reports roughly 20 GW has shifted to clean generation without dedicated financing for the transition or measures to safeguard grid stability.
- Islamabad is pursuing public–private partnerships for transmission and a smart meter rollout, with feasibility reports to be shared soon with prospective investors.
- Officials say excess capacity has been removed, no additional power will be procured and transmission work is aligned with IGCEP as the market moves toward competition.
- Authorities detailed circular-debt measures, including a Rs1.225 trillion facility with 18 banks that would leave about Rs415 billion outstanding while seeking cheaper ADB loans, and Gutierrez reaffirmed support for the ML-1 rail project.