US
SOE dominance hinders power sector competition
字号+ Author:Smart News Source:Travel 2025-01-15 08:31:43 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 It identifies barriers to competition such as high capital requirements, monopolistic frameworks, outdated infrastructure, and geographical constraints, which collectively hinder the entry of new players.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
-
Did Ducky Bhai apologize to Farrukh Khokhar after threats on social media?
2025-01-15 08:20
-
Internet degradation 'resolved' with temporary bandwidth: PTA
2025-01-15 08:08
-
Internet degradation 'resolved' with temporary bandwidth: PTA
2025-01-15 06:45
-
Internet degradation 'resolved' with temporary bandwidth: PTA
2025-01-15 05:58
User Reviews
Recommended Reads
Hot Information
- Weather Update: Lahore’s first winter rain brings chill in Punjab capital
- Apple to pay $95 million to settle Siri privacy lawsuit
- PTCL blames submarine cable fault for slow internet
- PTCL blames submarine cable fault for slow internet
- Another polio case reported in Pakistan
- Apple to pay $95 million to settle Siri privacy lawsuit
- Apple to pay $95 million to settle Siri privacy lawsuit
- Internet degradation 'resolved' with temporary bandwidth: PTA
- Gold prices dip in Pakistan – Check latest rates
Abont US
Follow our WhatasApp account to stay updated with the latest exciting content