Power sector reforms repeatedly failed to address structural problems: NGC chairman
Industry experts and policymakers in Pakistan discussed the ongoing challenges in the country's power sector and textile industry. The dialogue highlighted the need for structural reforms and shared responsibility between global brands and local manufacturers.
Why it matters
Pakistan's economy relies heavily on textile exports, and power sector inefficiencies pose a significant risk to the country's industrial competitiveness.
FAISALABAD - Pakistan's textile export competitiveness increasingly depends on a fair distribution of the financial and operational costs of sustainability among global brands, local manufacturers and governments, industry and energy experts said at a national stakeholder dialogue.
The views were expressed at "Currents of Changes Textile Compliance, Shared Responsibility, and Pakistan's Power Market Transition," organised by Alternative Development Services (ADS), which brought together industry representatives, regulators, researchers, energy experts and policymakers.
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