Islamabad: The government has launched the second phase of auction for non-operational and outdated power plants in the country.

According to Radio Pakistan, a spokesperson for the Ministry of Energy stated that a total of 29 power plants have been put up for auction. These plants, which are no longer in operation, have a combined generation capacity of 4,074 megawatts and carry a reserve price of 40,661 million rupees.

The auction includes various blocks and units located in key locations such as Jamshoro, Guddu, Muzaffargarh, Quetta, and Faisalabad. This initiative is part of the government’s broader strategy to optimize the energy sector by divesting non-functional assets and potentially attracting investment to rejuvenate the outdated infrastructure.