Pakistan Is Ending The Government's Power Monopoly. Will It Work?
For decades, the government was the only buyer of Pakistan's electricity. That's about to change: under CTBCM, industries can buy power directly from producers. The promise is cheaper electricity, higher exports, and fewer inefficiencies. But the first auction covers just 200 MW. In this episode of PowerPlay, we look at May's generation numbers, what broke the old system, and whether this one can actually work.
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Next 5-6 years will continue to be pain in the ass because of CPEC IPPs debt. But by 2035 Pakistan can potentially provide cheapest electricity rates in the region.