The government has awarded 12.67 billion rupees in contracts to domestic manufacturers for power transmission equipment, cutting procurement costs by about 40 per cent. The contracts have been awarded to M/s Fast Cables, M/s Newage Cables and M/s Pakistan Cables.
Apart from these multi-billion rupees contracts, the state-run National Grid Company (NGC) also awarded capacity-building “educational orders” of total Rs900 million to M/s Fast Cables, M/s Pakistan Cables, M/s Telephone Industries of Pakistan, M/s Qaswa Industries, M/s Creative Electronics, M/s KBK Electronics and M/s Accurate.
Meanwhile, the power Division issued a news statement where Federal Minister for Power Division, Sardar Awais Ahmed Khan Leghari hailed the NGC Indigenization Policy as a transformative success, citing contracts worth PKR 12.673 billion awarded to Pakistani industries and savings of approximately 40pc on transmission line conductors compared to imported alternatives.
The Minister emphasized that these tangible outcomes reflect govt commitment to structural reforms that prioritize local manufacturing, reduce dependence on imports, and deliver measurable economic benefits.
The policy empowers local manufacturers through educational orders, joint ventures with international partners, and the establishment of local subsidiaries.
The Minister underscored that the policy’s impact extends beyond cost savings, contributing significantly to macroeconomic stability through foreign exchange conservation. He noted that timely delivery of materials from local manufacturers is enabling early project completion, accelerating critical transmission infrastructure development across the country.
Looking ahead, Sardar Awais Ahmed Khan Leghari positioned indigenization as a cornerstone for export-led growth, particularly in the steel, cable, and conductor sectors where local capability has expanded considerably. He reaffirmed that the Power Division will continue championing such initiatives to foster industrial self-reliance and long-term economic resilience.