Federal Minister for Power, Awais Leghari, announced on Monday that the government is exploring the adoption of a prepaid electricity meter system, similar to those used for mobile phones.
Speaking at a press conference in Multan, Leghari emphasized the government’s dedication to eliminating electricity theft.
He assured that steps are being taken to address this issue and enhance convenience for consumers.
Leghari revealed ongoing discussions with power distribution companies to ensure the distribution of a Rs45 billion relief package to consumers.
The proposed prepaid meter system would require users to pay for electricity in advance, potentially decreasing theft and unpaid bills.
The minister also shared that the government has presented its reform plans and energy vision to the National Energy Administration of China.
A significant aspect of these discussions includes re-profiling a debt of $8.5 to $9 billion, which is anticipated to lower electricity prices and boost demand.
Leghari noted that talks with Chinese bankers about potential investments in Pakistan’s power sector are underway. Additionally, the government plans to shift electricity generation from imported to local coal at four plants, including the Jamshoro plant.
This transition is expected to cut electricity costs from around 24 rupees per unit to approximately 8 rupees per unit.