- IMIS has the workshop to open the dialogue of interested parties.
- The reform aims to auction 800MW of wheel demand.
- Leghari emphasizes CTBCM based on global best practices
Islamabad: Pakistan has launched interested part consultations on the long -awaited competitive bilateral contract market (CTBCM), The news reported.
CTBCM is an energy auction framework to assign 800 megawatts of wheel demand and liberalize the electricity sector.
Speaking in a workshop organized by the independent system and the market operator (ISIS) on Friday, the Federal Minister of the Energy Division, Sardar Awais Ahmed Khan Leghari, said the initiative would remodel the electricity trade, allowing industries to buy energy directly from suppliers at competitive prices.
He stressed that CTBCM was not an experiment, but a carefully designed reform based on international best practices.
“The auction frame is the cornerstone of the implementation of CTBCM,” Leghari said in a virtual direction. “Not only will it reduce industrial costs, but will also strengthen Pakistan’s competitiveness in export markets by guaranteeing access to clean and profitable energy.”
IMO officials described the registration process for market participants, contract obligations and auction rules designed to guarantee transparency and fair competition.
The interested parties involved regulators, energy producers and consumption representatives in questions and answers and a discussion panel about market design challenges, wheel arrangements and renewable integration.
Leghari declared 2025–26 the “year of service to consumers”, promising that the Government would support Imism and Neprol in the operation of CTBCM. Without reform, he warned, inefficiencies would persist and consumers would continue to assume the cost of a stagnant system.
The authorities said the consultation marked a turning point on the delayed decades of Pakistan towards a modern and transparent electricity market.
By creating options for industrial buyers and opening space for new investments, CTBCM is positioned as a fundamental reform to stabilize prices and guarantee reliable energy for the economy.
