PR No. 49
Islamabad: April 04, 2024

Minister for Power, Awais Ahmad Khan Leghari, held discussions with Yong Ye, the Country Director of the Asian Development Bank (ADB), alongside other officials. Minister Leghari and Country Director Yong Ye discussed the diversification of Pakistan's energy mix, with the latter assuring full support for this initiative. Minister Leghari shared plans to streamline the Power Division by forming a focused team for effective policy interventions. Country Director Yong Ye pledged assistance in this endeavor with the help of experts from ABD in the hiring of the dedicated team. Acknowledging the need for global expertise in reforming the sector, Minister Leghari requested Country Director Yong Ye to identify reputable international firms capable of providing specialized knowledge and support for the said purpose. Minister Awais Leghari highlighted the challenges posed by hill torrents in some areas of Punjab and emphasized the importance of investment from ADB to combat climate change. Country Director Yong Ye committed to investing in these areas, emphasizing the significance of both mitigation and adaptation strategies. Country Director Yong Ye recommended hiring a transaction advisor to propose long-term policy initiatives for the sustainable future of Distribution Companies (DISCOS). Expressing admiration for Pakistan's National Energy Policy, Country Director Yong Ye reiterated full support for its successful implementation.

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