Ahsan Zafar Syed joins the panel discussion on fixing Pakistan’s power sector at the Future Summit. #ENablingGROwth #Engro #FutureSummit #TFS
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Ahsan Zafar Syed joins the panel discussion on fixing Pakistan’s power sector at the #FutureSummit #TFS #ENablingGROwth #Engro #FutureSummit #TFS
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"What would be your idea of liberalization and improving the power sector?"- Aftab Mahmood Butt, Chief Executive Officer, KAPCO moderating at the Future Summit.
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"The problem that we are facing is within the entire power value chain. The biggest issue is related to distribution & circular debt. 55-60% of the distribution company losses is contributing to circular debt"- Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
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"Second issue is of surplus power stemming from lack of planning through an independent body. Then comes the demand issue and the cost issue." - Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
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"We need to see what is the global trend or the trend in comparable markets. And the trend is to move away from a monopolistic, single-buyer market to a multiple buyer & seller market." -Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.

Jan 12, 2022 · 10:57 AM UTC

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"Once this happens, the market forces will adjust themselves and then we’ll have competition, greater efficiency and the costs will come down."-Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
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"Engro Energy has embarked upon an MOU with the GoS which supports their vision of raising the renewable energy mix to 30% by 2030 and a 60% clean energy target and moving towards opening up the market."-Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
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"We are using the cluster of industries at Port Qasim and using resources at Jhimpur and connecting both of them through a dedicated transmission line."-Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
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