Pakistan to buy more electricity from neighbouring Iran –

A power transmission tower is seen a day after a country-wide power breakdown, in Karachi, Pakistan, January 24, 2023. REUTERS/Akhtar Soomro/File Photo Acquire Licensing Rights
ISLAMABAD, Aug 8 (Reuters) – Pakistan will buy more electricity from neighbouring Iran, a finance ministry statement said on Tuesday.
The decision was taken at an Economic Coordination Committee chaired by Finance Minister Ishaq Dar.
Energy-starved Pakistan already has contracts to purchase electricity from Tehran for its border regions, especially for China-backed development projects on Gwadar port.
The new proposal came a week after the Iranian foreign minister visited Islamabad.
The finance ministry did not give details of the quantity or terms and conditions of the new purchase.
Reporting by Asif Shahzad; Editing by Kim Coghill and Jacqueline Wong
Our Standards: The Thomson Reuters Trust Principles.
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