Govt invites bids for first 400MW wheeling auction, says it is exiting power procurement
ISLAMABAD: The government on Sunday announced the first wheeling auction of 400 megawatt electricity under the much delayed Competitive Trading Bilateral Contracts Market (CTBCM), enabling large, mostly industrial, consumers to opt for power suppliers of their choice anywhere in the country instead of relying solely on a single state-owned distribution company supplying to their area. The…
Pakistan's government has initiated its first ever wheeling auction for 400 megawatts of electricity via a new Competitive Trading Bilateral Contracts Market (CTBCM) mechanism. The Independent System and Market Operator (Ismo) announced the Request for Proposals (RFP) deadline of November 20, 2026, inviting potential bidders to compete for the contracts. This marks a significant shift away from the government's previous role as the sole buyer of electricity, moving towards a more competitive electricity market.
Written by urgent.news from Dawn Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
