Pakistan and Türkiye sign three MoUs to boost energy cooperation

Bilal Javed
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Bilal Javed
Bilal Javed is a contributor at Minute Mirror, writing on breaking developments in global business and geopolitics. He can be reached at bilaljaved708@gmail.com
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Summary

  • One MoU was signed between Pakistan’s Independent System and Market Operator (ISMO) and Türkiye’s Energy Market Operator.
  • The cooperation covers governance frameworks after privatization, electricity market development, ancillary services regulations, power system operations, transmission planning and modernization of electricity distribution through digitalization.
  • Federal Minister for Energy Awais Leghari welcomed the signing, saying Pakistan would benefit from Türkiye’s experience in electricity market reforms, transmission system development and innovation in distribution.
AI Generated Summary

Pakistan and Türkiye signed three memorandums of understanding in Istanbul to strengthen collaboration in the energy sector, focusing on institutional cooperation, technical exchange and knowledge sharing.

According to the Power Division, the agreements were concluded during high-level consultations between the two countries. One MoU was signed between Pakistan’s Independent System and Market Operator (ISMO) and Türkiye’s Energy Market Operator. Another was reached between ISMO and Türkiye’s Electricity Transmission Corporation. A third agreement was signed between Pakistan’s Power Planning and Monitoring Company and Türkiye’s electricity distribution authority.

The cooperation covers governance frameworks after privatization, electricity market development, ancillary services regulations, power system operations, transmission planning and modernization of electricity distribution through digitalization.

Federal Minister for Energy Awais Leghari welcomed the signing, saying Pakistan would benefit from Türkiye’s experience in electricity market reforms, transmission system development and innovation in distribution. He added that the agreements would improve efficiency, service delivery and governance in Pakistan’s energy sector, helping to modernize and strengthen the national power system.

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Bilal Javed is a contributor at Minute Mirror, writing on breaking developments in global business and geopolitics. He can be reached at bilaljaved708@gmail.com
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