The federal ruling coalition government is contemplating adopting a prepaid meter system for electricity, similar to mobile phone prepaid systems.
Federal Minister for Power Awais Leghari announced Monday during a press conference in Multan that the government is dedicated to eradicating electricity theft nationwide, combating this issue, and improving service for electricity consumers.
Leghari disclosed that the government is in discussions with power distribution companies to ensure the effective distribution of a Rs45 billion relief package to every consumer.
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If adopted, the prepaid meter system would require consumers to pay for their electricity usage in advance, which could decrease incidents of theft and default payments.
Furthermore, the energy minister shared that the government has presented its reform strategies and energy vision to China’s National Energy Administration. A crucial part of these discussions includes renegotiating debts ranging from $8.5 to $9 billion, anticipated to lower electricity costs and boost demand.
Leghari also mentioned that the finance minister and other officials are in talks with Chinese bankers to explore potential investments in Pakistan’s power sector.
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Additionally, he outlined plans to convert electricity generation plants from imported to local coal. This switch could significantly reduce the cost per unit of electricity. Specifically, plans are underway to convert four coal plants, including the government-owned Jamshoro plant, to use local coal, aiming to drop electricity costs from about 24 rupees per unit to approximately 8 rupees per unit.
