Türkiye will support Pakistan’s electricity privatization and power sector reform efforts through three new cooperation agreements signed on Thursday, with Turkish institutions set to provide expertise in transmission systems, electricity market operations, distribution monitoring and capacity building.
Speaking at a roundtable meeting attended by government officials, company executives and investors from both countries, Bayraktar said Türkiye stands ready to assist Pakistan throughout its electricity sector reform.
“We will share our experience to the fullest and do our best to support you in this highly important and sensitive process of privatizing Pakistan’s electricity sector,” he said.
Earlier, Bayraktar held talks with Pakistan’s Minister of Privatization Muhammad Ali and Minister of Energy in charge of Electricity Sardar Awais Leghari, discussing electricity transmission and distribution infrastructure, grid integration of energy resources and electricity market regulation.
In a post on social media, Bayraktar said Türkiye had shared the experience gained from transforming its electricity sector over the past 23 years, during which the country’s power infrastructure expanded threefold.
“We will continue working in full coordination to create new investment, partnership and cooperation opportunities between our countries,” he said.
– 3 electricity cooperation agreements signed
During the visit, 3 agreements were signed to deepen cooperation between the two countries’ electricity institutions.
The agreements include a cooperation protocol between Turkish Electricity Distribution Company (TEDAS) and Pakistan Power Planning and Monitoring Company (PPMC) to strengthen operational monitoring of distribution companies and establish virtual reality-based training centers.
A separate memorandum of understanding between the Turkish Electricity Transmission Corporation (TEIAS) andPakistan’s Independent System and Market Operator (ISMO) covers cooperation on transmission system operation, capacity building and technological infrastructure, while another agreement between Energy Exchange Istanbul (EXIST) and ISMO focuses on electricity market design, institutional capacity building and digitalization of market processes.
Bayraktar said the agreements would strengthen technical and institutional cooperation between the two countries while contributing to regional energy security.
Türkiye completed a successful privatization of its electricity distribution sector, Bayraktar said, adding that he hoped Pakistan would achieve similar success.
“As someone who firmly believes in privatization process, I would very much like to see a similar success story in Pakistan,” he said.
