By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Media HydeMedia Hyde
  • Home
  • Politics
  • Education
  • Entertainment
  • Sports
  • Blogs
  • Business & Commerce
  • Others
    • Religious
    • Metropolitan
    • Climate and Weather
Font ResizerAa
Media HydeMedia Hyde
Font ResizerAa
  • Home
  • Politics
  • Education
  • Entertainment
  • Sports
  • Blogs
  • Business & Commerce
  • Others
    • Religious
    • Metropolitan
    • Climate and Weather
Follow US
© 2026 Media Hyde Network. All Rights Reserved.
Business & Commerce

PM orders renewable energy push, faster power reforms to cut import dependence

Last updated: May 5, 2026 11:48 pm
Yamna Shahid
Share
PM orders renewable energy push, faster power reforms to cut import dependence
PM orders renewable energy push, faster power reforms to cut import dependence
SHARE

Prime Minister Shehbaz Sharif has ordered a fresh push on renewable energy and faster reforms in Pakistan’s power sector, telling officials to move on multiple fronts at once: cut electricity losses, curb theft, stabilise tariffs, modernise the grid and reduce the country’s reliance on imported fuel. The directions came during a high-level meeting on energy-sector reforms held in Lahore on May 2, 2026, where the prime minister also stressed uninterrupted electricity for industry and relief for household consumers.

At the heart of the message was a pretty simple calculation. Pakistan’s dependence on imported fuel keeps exposing the economy to global price shocks, and the government appears to be betting that more locally generated renewable power can soften that blow. Coverage of the meeting said Sharif specifically called for renewable energy projects to be accelerated to address power shortages and strengthen energy security, while also pushing the use of modern technology across the sector.

The meeting was not framed as a stand-alone clean-energy announcement. It was presented as part of a broader reform drive aimed at making electricity cheaper and the sector less wasteful. Sharif asked officials to prepare a comprehensive strategy to keep electricity tariffs stable, with domestic consumers described as a priority and industrial users also promised protection. He also pressed for improvements in the transmission system, where line losses have long eaten into efficiency and revenue.

That matters because Pakistan’s power crisis is not just about generation. Analysts have repeatedly pointed to outdated infrastructure, transmission losses, weak investment patterns and governance problems as reasons the system remains expensive and unreliable even when capacity exists on paper. A recent academic assessment of Pakistan’s electricity sector said the demand-supply gap has been worsened by aging infrastructure, losses in the network and inadequate investment in renewables.

There is also a political and economic urgency here. The government has spent recent months trying to show that power-sector reform is moving from slogans to implementation. Reporting in late April said Pakistan was presenting reforms to international partners that included grid digitisation, smart metering, transmission upgrades, battery storage and even discussion of changes in distribution companies. That suggests the prime minister’s latest order is part of a longer effort to remake how electricity is generated, delivered and paid for.

The import-dependence angle has become even harder for Islamabad to ignore. In separate remarks reported days later, Sharif warned that external turmoil had sharply increased Pakistan’s oil import burden, saying the country’s bill had climbed to about $800 million a week. That was linked to wider concern about how vulnerable Pakistan remains when international fuel markets turn volatile. Against that backdrop, the push for domestic renewables is not only about climate or long-term planning; it’s also about basic economic insulation.

Still, the transition won’t be straightforward. Pakistan’s solar uptake has risen quickly, helped by cheaper imported panels, but that has also created new stress for the grid and new arguments over net metering, cost-sharing and who ultimately pays for the system. Recent reporting has shown that while solar expansion is easing dependence on imported LNG and expensive grid power for some users, it is also forcing policymakers to rethink pricing and grid management much faster than before.

For now, the government’s line is clear enough: cleaner energy, lower waste, tighter enforcement and a more modern grid are supposed to work together, not separately. Whether that actually translates into lower bills and fewer shocks for consumers will depend on execution, and Pakistan’s power sector has a long history of making execution the hardest part. But the latest order signals that the Sharif government wants the next phase of reform to be judged not just by meetings and targets, but by whether it can finally make the system less import-heavy, less leaky and a lot more affordable.

Share This Article
Email Copy Link Print
Previous Article PSX admits Bank Alfalah dividend pricing error, but leaves executed trades untouched PSX admits Bank Alfalah dividend pricing error, but leaves executed trades untouched
Next Article FBR shuts down unit tracing undisclosed foreign assets after UAE refuses to share data FBR shuts down unit tracing undisclosed foreign assets after UAE refuses to share data
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Sponsored Ads

Stay Connected

FacebookLike
XFollow
InstagramFollow
YoutubeSubscribe
WhatsAppFollow
ThreadsFollow
The Relationship Between Junk Food and Skin Problems
The Relationship Between Junk Food and Skin Problems
Blog Health
June 10, 2026
Beetroot: A Natural Superfood for Better Health
Beetroot: A Natural Superfood for Better Health
Blog Health
June 10, 2026
Eggs in Daily Life: Should You Eat Them Every Day or Weekly?
Eggs in Daily Life: Should You Eat Them Every Day or Weekly?
Blog Health
June 10, 2026
Benefits of Yoga for Diabetes Management
Benefits of Yoga for Diabetes Management
Blog Health
June 10, 2026
Yoga for Skin Health and Natural Glow
Yoga for Skin Health and Natural Glow
Blog Health
June 10, 2026
Importance of Physical Exercise for All Ages
Importance of Physical Exercise for All Ages
Blog Health
June 10, 2026

You Might Also Like

Budget 2026-27: Salaried Class Set for Tax Cuts Under New Proposals
Business & CommerceEconomy

Budget 2026-27: Salaried Class Set for Tax Cuts Under New Proposals

By
Siraj Ahmed
China Moves to Tighten Scrutiny of U.S. Money Flowing Into Its Tech Sector
Business & Commerce

China Moves to Tighten Scrutiny of U.S. Money Flowing Into Its Tech Sector

By
Yamna Shahid
Business & CommerceWorld

Trump Media Posts $400 Million Loss as Stock Struggles

By
Ayan Ahmed
PM Shehbaz urges for expanding, accelerating Discos privatisation
Business & Commercepakistan

PM Shehbaz urges for expanding, accelerating Discos privatisation

By
Mabruka Khan
Media Hyde Media Hyde Dark
Facebook Twitter Youtube Rss Medium

About US

Media Hyde Network: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 News.

Top Categories
  • Headline
  • Politics
  • Entertainment
  • Education
  • Sports
  • Religious
  • Metropolitan
  • Climate and Weather
Usefull Links
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Cookies Policy
  • Advertising Policy
  • Terms & Conditions

© 2025 Media Hyde Network. All Rights Reserved.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?