Business
SOE dominance hinders power sector competition
字号+ Author:Smart News Source:Sports 2025-01-14 04:08:28 I want to comment(0)
ISLAMABAD: The Competition Commission of Pakistan (CCP) has said that the strong presence of state-owned enterprises (SOEs) in the transmission and distribution sectors leaves little room for private firms, creating barriers to entry and limiting market competition. A research report titled “State of Competition in the Key Markets in Pakistan: Power Sector”, released by the CCP on Friday, highlights the extensive role of SOEs and the resulting impact on competition within the power sector. At the report’s launch, CCP Chairman Dr Kabir Ahmed Sidhu emphasised the critical role of a competitive power sector in driving economic growth and providing affordable energy to consumers. He said the report would be a catalyst for policy discussions to foster a competitive and efficient power sector. The report details structural, regulatory, and strategic challenges within the power sector, long dominated by SOEs. It identifies barriers to competition such as high capital requirements, monopolistic frameworks, outdated infrastructure, and geographical constraints, which collectively hinder the entry of new players.
1.This site adheres to industry standards, and any reposted articles will clearly indicate the author and source;
Related Articles
-
Paramedic killed in attack on southern Lebanese town: report
2025-01-14 03:03
-
Timothee Chalamet’s sister Pauline reflects on giving birth in 2024
2025-01-14 02:20
-
Billie Eilish recalls 'self-harming' phase of her life: 'I felt like I...'
2025-01-14 01:31
-
Zara McDermott sparks 'cheating rumours' after split from Sam Thompson
2025-01-14 01:26
User Reviews
Recommended Reads
Hot Information
- ECP reschedules polls in Sibi, Quetta
- Meghan Markle's Instagram debut becomes a beach blunder
- Shafqat Ali Khan appointed new MoFA spokesperson
- Angelina Jolie’s brother James Haven secretly ties knot with Romi Imbelli
- 100 deportees from 12 countries return to Pakistan
- Jennifer Lopez believes she hasn't done her 'best movie' yet
- How to live long, healthy life in 2025?
- Barrister Saif assures of additional security measures in Kurram
- PPP leader killed in Lakki ambush
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content