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Business Recorder
4 days ago
- Business
- Business Recorder
Pakistan's power sector indigenization need of the hour: Awais Leghari
LAHORE: Federal Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari said on Saturday that government is striving for exports-oriented economy instead of imports and power sector indigenization is need of the hour. He added that power sector reforms are going on, while independent system and market operator has been fully functional and Energy Infrastructure Development and Management Company will also be made functional soon. He was addressing through a video link the national consultative workshop on 'Power Sector Indigenization Road Map' jointly hosted by National Grid Company (NGC), formerly NTDC, and LUMS (Lahore University of Management Sciences) Energy Institute here at the LUMS campus. The event brought together senior leadership from the power sector, manufacturing industry, regulatory bodies, policymakers and academia to chart a cohesive national strategy for accelerating the localization of Pakistan's electrical power equipment manufacturing ecosystem. The Federali Minister commended the joint initiative, stating, 'NGC is the first national entity to implement an approved Indigenization Policy, and its strategic procurement model is already delivering tangible results'. He urged WAPDA, DISCOs (Distribution Companies), KE (Karachi Electric), and state-owned and private power generation plants to adopt indigenization as a strategic imperative—not as CSR, but as a core procurement principle aligned with the National Electricity Plan 2023–2027. A key milestone of the workshop was the launch of Pakistan's first Power Equipment Manufacturing Dashboard, developed by the LUMS Energy Institute with input from power sector stakeholders. This real-time digital tool will monitor localization progress, assess vendor capacity, and identify strategic investment opportunities under the Power Sector Indigenization Plan (PSIP). The dashboard was jointly inaugurated by Dr. Fiaz Ahmad Chaudhry, Chairman NGC Board of Directors, and Senior Advisor at the LUMS Energy Institute, Pakistan Engineering Council Chairman Engineer Waseem Nazir, Managing Director NGC Engineer Muhammad Waseem Younas, CEO K-Electric Syed Monis Abdullah Alvi and others. About the Dashboard, Federal Minister said that the launch of this dashboard is a welcome step and it will help in power sector indigenization. Dr Fiaz Chaudhry stated, 'NGC's indigenization strategy—anchored in policy reform and targeted educational orders—has already saved over USD 10 million in foreign exchange through import substitution.' He reaffirmed that LUMS will continue supporting policy design, digital innovation, and institutional transformation in the energy sector. Pakistan's market for static transmission and substations is currently valued at around USD 8 million. This figure, however, does not reflect the true scale of our potential. 'We must work to expand this market at least threefolds through strategic development, innovation, and local industrial growth. At the same time, we should set a clear target of achieving no less than USD 16 million in exports from this sector. That is the level of ambition we must embrace to position ourselves competitively on the global stage,' he maintained.
Business Recorder
4 days ago
- Business
- Business Recorder
Power sector indigenization need of the hour: Awais Leghari
LAHORE: Federal Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari said on Saturday that government is striving for exports-oriented economy instead of imports and power sector indigenization is need of the hour. He added that power sector reforms are going on, while independent system and market operator has been fully functional and Energy Infrastructure Development and Management Company will also be made functional soon. He was addressing through a video link the national consultative workshop on 'Power Sector Indigenization Road Map' jointly hosted by National Grid Company (NGC), formerly NTDC, and LUMS (Lahore University of Management Sciences) Energy Institute here at the LUMS campus. The event brought together senior leadership from the power sector, manufacturing industry, regulatory bodies, policymakers and academia to chart a cohesive national strategy for accelerating the localization of Pakistan's electrical power equipment manufacturing ecosystem. The Federali Minister commended the joint initiative, stating, 'NGC is the first national entity to implement an approved Indigenization Policy, and its strategic procurement model is already delivering tangible results'. He urged WAPDA, DISCOs (Distribution Companies), KE (Karachi Electric), and state-owned and private power generation plants to adopt indigenization as a strategic imperative—not as CSR, but as a core procurement principle aligned with the National Electricity Plan 2023–2027. A key milestone of the workshop was the launch of Pakistan's first Power Equipment Manufacturing Dashboard, developed by the LUMS Energy Institute with input from power sector stakeholders. This real-time digital tool will monitor localization progress, assess vendor capacity, and identify strategic investment opportunities under the Power Sector Indigenization Plan (PSIP). The dashboard was jointly inaugurated by Dr. Fiaz Ahmad Chaudhry, Chairman NGC Board of Directors, and Senior Advisor at the LUMS Energy Institute, Pakistan Engineering Council Chairman Engineer Waseem Nazir, Managing Director NGC Engineer Muhammad Waseem Younas, CEO K-Electric Syed Monis Abdullah Alvi and others. About the Dashboard, Federal Minister said that the launch of this dashboard is a welcome step and it will help in power sector indigenization. Dr Fiaz Chaudhry stated, 'NGC's indigenization strategy—anchored in policy reform and targeted educational orders—has already saved over USD 10 million in foreign exchange through import substitution.' He reaffirmed that LUMS will continue supporting policy design, digital innovation, and institutional transformation in the energy sector. Pakistan's market for static transmission and substations is currently valued at around USD 8 million. This figure, however, does not reflect the true scale of our potential. 'We must work to expand this market at least threefolds through strategic development, innovation, and local industrial growth. At the same time, we should set a clear target of achieving no less than USD 16 million in exports from this sector. That is the level of ambition we must embrace to position ourselves competitively on the global stage,' he maintained.
News18
5 days ago
- Business
- News18
Is India Missing The Spark? Transmission Sector Needs Private Surge
Authored by GP Upadhyaya, IAS (Retd.), DG – EPTA and Dr Manvendra Deswal, DDG – EPTA: India's power transmission sector is poised for significant growth with an estimated Rs 10 lakh crore ($120 billion) investment envisaged by 2032 to achieve the stated NEP (National Electricity Plan) goals. Transmission capacity is expected to increase fivefold in the next eight years itself with over 90% of projects expected to be awarded through TBCB (Tariff Based Competitive Bidding) instead of RTM (Regulated Tariff Mechanism) highlighting the importance of private sector. This ambitious expansion is fuelled by rising electricity demand, renewable energy integration and infrastructure modernization. News18 Private sector participation in India is not a recent phenomenon – in fact, Electricity Act, 2003 and Tariff Policy, 2006 (amended in 2016) laid down the legal framework to encourage private sector participation in the transmission sector. Besides, the Ministry of Power (MoP) issues periodic guidelines and amendments to Standard Bidding Documents (SBDs) to facilitate competition and attract private investment. An Empowered Committee oversees the identification and bidding process for interstate transmission (ISTS) projects, with several of them already awarded and under implementation via private Transmission Service Providers (TSPs).
Express Tribune
5 days ago
- Business
- Express Tribune
Indigenisation policy yielding results: Leghari
Listen to article The National Grid Company of Pakistan (NGC), formerly the National Transmission and Despatch Company (NTDC), in collaboration with the LUMS Energy Institute, convened the National Consultative Workshop on the Power Sector Indigenisation Roadmap at the Lahore University of Management Sciences (LUMS). The high-profile event brought together senior leadership from the power sector, manufacturing industry, regulatory bodies, policymakers and academia to chart a cohesive national strategy for accelerating the localisation of Pakistan's electric power equipment manufacturing ecosystem. Federal Minister for Energy (Power Division) Sardar Awais Ahmad Khan Leghari addressed the workshop through video link and commended the joint initiative, stating, "NGC is the first national entity to implement an approved indigenisation policy and its strategic procurement model is already delivering tangible results." He urged the Water and Power Development Authority (Wapda), distribution companies (DISCOs), K-Electric and state-owned and private power generation plants to adopt indigenisation as a strategic imperative and not as a corporate social responsibility, but as a core procurement principle aligned with the National Electricity Plan 2023-27. The minister noted that the independent system and market operator had been made fully functional and the Energy Infrastructure Development and Management Company would also be made functional soon. A key milestone of the workshop was the launch of Pakistan's first Power Equipment Manufacturing Dashboard, developed by the LUMS Energy Institute with input from power sector stakeholders. This real-time digital tool will monitor localisation progress, assess vendor capacity and identify strategic investment opportunities under the power sector indigenisation plan. About the dashboard, the federal minister said that its launch was a welcome step and it would help in power sector indigenisation. NGC Board of Directors Chairman and LUMS Energy Institute's Senior Adviser Dr Fiaz Ahmad Chaudhry stated, "NGC's indigenisation strategy – anchored in policy reform and targeted educational orders – has already saved over $10 million in foreign exchange through import substitution." He added, "Pakistan's market for static transmission and sub-stations is currently valued at around $8 million. This figure, however, does not reflect the true scale of our potential. We must work to expand this market at least threefold through strategic development, innovation and local industrial growth." At the same time, he said, "we should set a clear target of achieving no less than $16 million in exports from this sector. That is the level of ambition we must embrace to position ourselves competitively on the global stage." He said that under the 10-year Integrated Generation Capacity Expansion Plan (IGCEP) and the Transmission Exposition Plan, an investment of $8 billion would be needed in the transmission sector. NGC Managing Director Engineer Muhammad Waseem Younas outlined the tangible progress under the indigenisation policy. Since 2022, NGC has placed over Rs2 billion in local orders, including Rs781 million in educational orders aimed at building the industrial capacity.
Business Recorder
5 days ago
- Business
- Business Recorder
Workshop on Power Sector held at LUMS
LAHORE: The National Grid Company of Pakistan (NGC), formerly NTDC in collaboration with the LUMS Energy Institute, successfully convened the National Consultative Workshop on the Power Sector Indigenization Roadmap at LUMS. The high-profile event brought together senior leadership from the power sector, manufacturing industry, regulatory bodies, policymakers and academia to chart a cohesive national strategy for accelerating the localization of Pakistan's electrical power equipment manufacturing ecosystem. Federal Minister for Energy (Power Division), Sardar Awais Ahmad Khan Leghari addressed the workshop through video link and commended the joint initiative, stating, 'NGC is the first national entity to implement an approved Indigenization Policy, and its strategic procurement model is already delivering tangible results'. He urged WAPDA, DISCOs, KE, and state-owned and private power generation plants to adopt indigenization as a strategic imperative not as CSR, but as a core procurement principle aligned with the National Electricity Plan 2023–2027. A key milestone of the workshop was the launch of Pakistan's first Power Equipment Manufacturing Dashboard, developed by the LUMS Energy Institute with input from power sector stakeholders. This real-time digital tool will monitor localization progress, assess vendor capacity, and identify strategic investment opportunities under the Power Sector Indigenization Plan (PSIP). The dashboard was jointly inaugurated by Dr Fiaz Ahmad Chaudhry, Chairman, Board of Directors, NGC, and Senior Advisor at the LUMS Energy Institute, Chairman Pakistan Engineering Council Engr Waseem Nazir and Managing Director NGC Engr Muhammad Waseem Younas. Dr Chaudhry stated, 'NGC's indigenization strategy anchored in policy reform and targeted educational orders has already saved over USD 10 million in foreign exchange through import substitution.' He reaffirmed that LUMS will continue supporting policy design, digital innovation, and institutional transformation in the energy sector. He said that under the ten-year Integrated Generation Capacity Expansion Plan (IGCEP) and Transmission Exposition Plan (TSEP), investment of US$8 billion would be needed in the transmission sector. We want these equipment and material to be manufactured in Pakistan, which will save valuable foreign exchange. Managing Director NGC, Engr Muhammad Waseem Younas, outlined the tangible progress under the Indigenization Policy. Since 2022, NGC has placed over PKR 2 billion in local orders, including PKR 781 million in educational orders aimed at building industrial capacity. Additionally, NGC's revision of its Type Test Policy in 2023 to align with international benchmarks has opened the door for local manufacturers to compete globally. The workshop featured a distinguished panel of institutional leaders, including Dr Tahir Masood, Chairman BOD, IESCO; Engr Abid Latif Lodhi, MD, PPMC; Syed Moonis Abdullah Alvi, CEO, K-Electric; Dhanpat Kotak, Chairman BOD, NPPMC; and Mian Suhail Husain, former BOD member, EDB, among other senior representatives from regulatory institutions and industry. The discussions addressed bottlenecks to localization across the generation, transmission, and distribution value chain, and explored enabling policies for the manufacturing sector. Dr Tariq Jadoon, Provost, LUMS, added, 'LUMS stands committed as a national platform for evidence-based policymaking, innovation, and industry transformation.' Dr Naveed Arshad, Director, LUMS Energy Institute and BoD Member, NGC, noted, 'LEI is helping to reimagine energy localization through interdisciplinary R&D.' The workshop concluded with consensus on actionable steps to align procurement practices with national localization goals, foster technology partnerships, and create a clear roadmap for import substitution. Dedicated sessions assessed the readiness of local manufacturers, outlined investment needs, and proposed mechanisms to improve coordination between utilities, government, and academia. Copyright Business Recorder, 2025
