ISLAMABAD: Pakistan has invited Turkish investors to participate in the privatisation of its power distribution companies as part of sweeping reforms aimed at overhauling the country’s struggling electricity sector.
Energy Minister Awais Ahmad Khan Leghari held an online meeting with Turkey’s Energy and Natural Resources Minister Alparslan Bayraktar to discuss expanding bilateral cooperation in the energy sector, with a particular focus on Pakistan’s plan to privatise electricity distribution companies.
During the meeting, Leghari briefed his Turkish counterpart on ongoing reforms in Pakistan’s power sector, including institutional improvements and measures aimed at reducing inefficiencies in state-run utilities. He said the government is pursuing a transparent and competitive privatization process and is keen to attract experienced international investors.
The minister said Turkish energy firms, which have extensive experience in power generation and distribution, could play a key role in the privatisation process. He also appreciated the ongoing coordination between institutions and experts from both countries in advancing energy cooperation.
Bayraktar noted that Turkish investors are closely observing the privatization process in Pakistan’s power sector and expressed hope that they would participate at a meaningful level. He also assured that Turkiye would extend full support to Pakistan in its privatisation efforts.
Both sides also discussed the possibility of establishing a joint platform bringing together Pakistani officials and Turkish investors to explore investment opportunities and potential partnerships in the energy sector.
