Islamabad, August 30, 2022 (Online): NEPRA today held a consultative session titled “CTBCM Regulatory Framework and Opportunities for Industries” with All Pakistan Cement Manufacturer Association (APCMA) and Fast-Moving Consumer Goods (FMCGs). To purpose of this session was to enhance awareness amongst the potential bulk power consumers especially industrialists, about the competitive wholesale electricity market that commenced in Pakistan on May 31, 2022,The session was attended by large number of top officials of APCMA, FMCGS and power sector professionals.
.
Chairman NEPRA, Mr. Tauseef H. Farooqi inaugurated today’s session. Chairman NEPRA in his opening remarks highlighted the importance of CTBCM and how it is going to bring a paradigm shift in the power sector of Pakistan. Chairman NEPRA informed the participants that CTBCM will provide an opportunity to the Industry and bulk power consumers (1 MW or above) to purchase power from suppliers of their choice at mutually agreed rates.
Furthermore, CTBCM includes other institutional and regulatory reforms to bring much needed efficiency, transparency and accountability in the power sector. He elaborated that the Cement Manufacturers and FMCGs have great opportunities to benefit from the upcoming competitive market and therefore this session will greatly help them in getting fully prepared to participate in it.
The workshop included detailed presentation by officers of NEPRA and CPPA-G on different policy, regulatory, legal and institutional aspects of the CTBCM followed by a Q&A session.
Follow the PNI Facebook page for the latest news and updates.
