{
  "id": 8709792,
  "title": "Govt invites bids for first 400MW wheeling auction, says it is exiting power procurement",
  "url": "https://urgent.news/2026/09/20/govt-invites-bids-for-first-400mw-wheeling-auction-says-it-is-exiting-8709792",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-20T15:12:12.000Z",
  "source": {
    "name": "Dawn Business",
    "slug": "dawn-business",
    "url": "https://www.dawn.com/news/2031351/govt-invites-bids-for-first-400mw-wheeling-auction-says-it-is-exiting-power-procurement"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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…",
  "key_points": [
    "Pakistan government launches 400MW wheeling auction via CTBCM",
    "ISMO sets November 20, 2026 deadline for RFP submissions",
    "Shifts away from sole buyer model to competitive market"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Dawn",
        "title": "Govt invites bids for first 400MW wheeling auction, says it is exiting power procurement",
        "url": "https://urgent.news/2026/09/20/govt-invites-bids-for-first-400mw-wheeling-auction-says-it-is-exiting",
        "published": "2026-09-20T15:03:09.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}