SEPRA formation: a historic step, Muhammad Ikram Rajput

The President of Korangi Association of Trade and Industry (KATI), Muhammad Ikram Rajput, has welcomed the Sindh cabinet’s approval of the Sindh Electric Power Regulatory Authority (SEPRA), including the appointment of its chairman and members, describing it as a major development for the power sector. He noted that the authority has been established under the Sindh Regulation of Electric Power Services Act, 2023.

Rajput termed the establishment of SEPRA a historic and strategic initiative by the Sindh government and extended congratulations to CM Sindh Murad Ali Shah and Energy Minister Syed Nasir Hussain Shah. He said the move would strengthen provincial autonomy in the electricity sector while creating new opportunities for industrial growth.

He also congratulated Rafique Ahmed Sheikh on his appointment as chairman, along with Nand Lal P. Sharma as Member Technical and Development, Irtafa ur Rehman as Member Legal and Corporate, and Muhammad Hanif Idris as Member Finance and Policy. Rajput expressed confidence that the new leadership would ensure transparent, professional and forward-looking regulation in Sindh’s power sector.

He highlighted that Sindh possesses abundant low-cost power generation resources, including vast wind corridors, significant solar potential and local coal reserves. With an empowered provincial regulator in place, the province can better utilize renewable and other energy sources to accelerate industrial expansion and economic growth.

Rajput noted that Karachi, the backbone of the national economy stands to benefit substantially from an effective regulatory framework aligned with provincial requirements. Affordable and reliable electricity, he said, is critical for industrial competitiveness, export growth and job creation.

The KATI president emphasized that the Sindh Transmission and Dispatch Company can also play a key role in transmitting electricity across the province at competitive rates. Strengthening transmission infrastructure would help deliver low-cost power efficiently to industrial centers, reducing overall energy costs.

He proposed that the next phase should include the establishment of dedicated industrial energy zones with a consumption capacity of 3,000 to 5,000 megawatts. Such zones, he said, would attract investment, boost manufacturing, enhance value addition and generate large-scale employment opportunities.

Rajput concluded by stating that aligning energy planning with industrial corridor expansion is both timely and economically prudent, adding that KATI would extend full cooperation to the Sindh government and SEPRA to ensure the new regulatory framework delivers affordable, sustainable and growth-oriented energy solutions for the province.

Author

Sharing is caring

Leave a Reply

Search Website for more Articles