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Türkiye signed three agreements on Thursday with Pakistan, expanding cooperation on electricity distribution, transmission, and market operations as Islamabad pushes ahead with privatizing its power sector.
The agreements were signed in Istanbul by Turkish Energy and Natural Resources Minister Alparslan Bayraktar, Pakistan's Minister for Privatization Muhammad Ali, and Pakistan's Minister for Power Sardar Awais Leghari.
The deals include cooperation between TEDAS and PPMC on electricity distribution, TEIAS and ISMO on transmission systems, and EPIAS and ISMO on power market operations and digitalization.
Bayraktar said Türkiye is ready to share the experience it gained from privatizing its own electricity sector as Pakistan moves ahead with one of its biggest power reforms.
"We will fully share our experience and do our very best to help you during this very important and sensitive process of privatizing the electricity sector," he said.
The minister noted that the two sides also reviewed Pakistan's electricity market reforms, adding that Türkiye has transformed its energy sector over the past 23 years by tripling its energy infrastructure and is prepared to pass on that expertise.
He also pointed to new investment, partnership, and business opportunities between the two countries.
"I believe these agreements will strengthen the technical and institutional ties between our countries at the highest level and serve as strong building blocks for reinforcing regional energy supply security," Bayraktar said.
Türkiye successfully completed its own electricity privatization process, he added, expressing confidence that Pakistan could achieve similar results.
A Pakistani delegation led by Privatization Minister Muhammad Ali also visited Türkiye's Energy Market Regulatory Authority (EPDK) to examine the country's experience in privatizing electricity distribution.
According to EPDK, officials from Pakistan's Privatization Ministry, Privatization Commission, and Embassy in Ankara held talks on Türkiye's regulatory framework as Pakistan prepares to privatize its electricity distribution companies.
EPDK President Mustafa Yilmaz said the long-standing relationship between Türkiye and Pakistan is increasingly turning into practical cooperation in the energy sector. He stressed that privatization alone is not enough to build a competitive and sustainable electricity market.
"Privatization alone is not sufficient for a competitive and sustainable electricity market. Lasting success can only be achieved through quality, efficiency, and loss-reduction incentive tariff mechanisms integrated into the system after the reform process," Yilmaz said.
During the meeting, EPDDK Strategy Development Department Head Mehmet Kurkcu outlined the evolution of Türkiye's electricity market, including the privatization and unbundling of its 21 electricity distribution regions and the country's tariff framework.
Pakistani officials also received detailed briefings on the separation of retail and distribution companies, consumer eligibility thresholds, and tariff regulation.
Muhammad Ali described Türkiye's electricity market as an important model for Pakistan's reform agenda, saying the institutional and technical expertise shared by EPDK would directly support financial and operational decisions as Islamabad moves ahead with privatizing its electricity distribution companies.
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