In response to the recent statement by former Finance Minister Miftah Ismail, Federal Minister for Energy Sardar Awais Ahmed Khan Leghari termed the claims as misleading and baseless, stating that these statements misrepresented the government’s efforts in the energy sector.
Federal Minister Awais Leghari said that Miftah Ismail’s attempt to mislead the public is based on false data and unfounded accusations. The government is particularly committed to achieving targets related to the promotion of renewable energy.
Minister Awais Leghari further stated that the promotion of renewable energy, especially solar energy, is a key priority for the government. He mentioned that recent changes in net metering rules have reduced the cost of solar panels, making it more accessible to the public. As a result, more than 4,000 MW of solar energy has already been added to the national grid, and this is expected to exceed 12,000 MW in the next eight years. He also added that future solar net metering customers would recover their investments within three to four years, which represents an excellent return on investment.
The Minister clarified that the agreements of current net metering customers would remain at the old rates to ensure stability and security for their contracts.
Federal Minister Awais Leghari also clarified the changes in IPP contracts, stating that the revision of IPP agreements has resulted in savings of over 1.5 trillion rupees, which will soon be passed on to the public in the form of lower prices.
The Federal Minister emphasized the significant progress in Pakistan’s clean energy production. Last year, more than 55% of the total energy in the national grid came from clean energy sources, including hydro, solar, wind, and nuclear power. We are on track to increase this share to over 85% in the coming years, positioning Pakistan as a global leader in the green energy sector.
In response to Miftah Ismail’s criticism regarding sugar shortages and exports, Federal Minister Awais Leghari stated that the government has made timely and effective decisions to stabilize the supply of sugar and wheat. It is unfortunate that a former finance minister is politicizing economic issues instead of offering constructive suggestions.
Federal Minister Awais Leghari reiterated that the government is determined to complete reforms in energy, agriculture, and other economic sectors. We have made significant reforms in the energy sector, and it is regrettable that these efforts are not being recognized. We are taking practical steps to improve the country’s energy infrastructure and economic stability.
In conclusion, Federal Minister Awais Leghari stated that the government welcomes constructive suggestions but rejects criticism that is devoid of data or facts.