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Pakistan Achieves Milestones in Energy Sector Transformation

Pakistan: Pakistan is undergoing a significant transformation in its energy sector, with steady progress toward self-reliance through the promotion of indigenous resources. The government, in collaboration with the Special Investment Facilitation Council (SIFC), has taken effective measures to achieve energy self-sufficiency and boost the development of local energy sources.

According to Radio Pakistan, in recent years, Pakistan has considerably reduced its dependence on imported fuels, while electricity generation from domestic sources has increased notably. The share of electricity produced from imported fuels has declined from 34 percent in fiscal year 2020-21 to around 15 percent in fiscal year 2024-25.

The activation of the K-2 nuclear reactor has significantly enhanced the country's nuclear power generation, increasing output from 10.9 terawatt hours to 23 terawatt hours. Renewable energy, particularly solar power, has also witnessed remarkable growth, with an annual generation capacity ranging between 14 to 20 gigawatts. More than 1.8 million farmers are now generating electricity through solar energy, while solar tube-wells have reduced reliance on the national grid by 45 percent.

Meanwhile, power generation based on LNG has decreased by approximately 49 percent, and furnace oil-based generation has seen a reduction of nearly 50 percent. Economist and energy expert Muhammad Arif says Pakistan has already entered an energy revolution, as the country's electricity generation capacity now exceeds its requirements. He emphasized that further improvements can be achieved through efficient and cost-effective utilization of local and sustainable resources such as solar, Thar coal, and nuclear energy.

With the support of SIFC, ongoing reforms in the energy sector and the promotion of indigenous resources are contributing to economic stability in the country.