- Ismo holds a workshop to open the dialogue of the stakeholders.
- The reform targets 800 MW auction for wheels.
- Leghari underlines the CTBCM built on world practices
Islamabad: Pakistan has launched consultations on stakeholders in the long -awaited bilateral trading contracts (CTBCM). The news reported.
CTBCM is a power auction framework to allocate 800 megawatts of wheels and liberalization of the electricity sector.
Speaking in a workshop organized by the independent system and the market operator (ISMO) on Friday, the federal minister of the Sardar Awais Ahmed Khan Leghari energy division said that the initiative would reshape the electricity trade, allowing industries to buy a power directly from suppliers at competitive prices.
He stressed that the CTBCM was not an experience but a carefully designed reform based on international best practices.
“The auction is the cornerstone of CTBCM’s implementation,” said Leghari in a virtual address. “It will not only reduce industrial costs, but will also strengthen the competitiveness of Pakistan on the export markets by guaranteeing access to clean and profitable energy.”
ISMO officials have described the process of recording market players, contractual obligations and auction rules designed to ensure transparency and fair competition.
The stakeholders have initiated regulators, electricity producers and consumer representatives in question-answer sessions and a round table on the challenges of market design, wheel arrangements and renewable integration.
Leghari said 2025-2026 “The year of service to consumers”, committing to the government to support Ismo and Nepra in the operationalization of the CTBCM. Without a reform, he warned that ineffectiveness would persist and consumers would continue to bear the cost of a stagnation system.
The officials said that the consultation marked a turning point in the late trip from Pakistan to a transparent and modern electricity market.
By creating a choice for industrial buyers and opening a space for new investments, CTBCM is positioned as a reform of the cornerstone to stabilize prices and ensure reliable energy to the economy.
