Minister for Power Sardar Awais Ahmad Khan Leghari met with a delegation of the Asian Development Bank led by its Director Energy Mr. Joonho Hwang.

 The meeting focused on energy sector reforms in Pakistan, privatization of distribution companies (DISCOs), the Public-Private Partnership (PPP) model and future areas of cooperation.

The Minister appreciated ADB's continued support, especially in promoting the Public-Private Partnership model and integrated energy planning. He informed that in the first phase, three DISCOs will be privatized, where both investment and technical assistance will be welcomed.

Sardar Awais Ahmad Khan Leghari said the government is prioritizing clean energy, has already introduced a new tariff for electric vehicles and seeks international cooperation to improve grid and metering systems. He also highlighted that Pakistan has shut down around 2,800 MW of fossil fuel power plants ahead of schedule as part of its environmental responsibility and now seeks access to green financing and carbon credits.

Joonho Hwang expressed pride in ADB's partnership with Pakistan's energy sector. He informed that 130 million dollars have been approved for Pakistan's energy sector, out of which an initial amount of 30 million dollars are immediately available.

He further assured that ADB will extend full support in privatization, establishing a carbon market, modernizing transmission and distribution systems and advancing renewable energy projects in Pakistan.