Islamabad: Under the leadership of Federal Minister for Power Sardar Awais Ahmed Khan Leghari, the Ministry of Energy (Power Division) has turned around one of Pakistan’s largest and most challenging power distribution companies. The Multan Electric Power Company (MEPCO), which posted a loss of Rs 36 billion in 2023-24, has closed 2025-26 with a profit of Rs 1.05 billion—a turnaround of over Rs 37 billion in just two years.

According to Press Information Department, the recovery was gradual and sustained rather than a one-off correction. Line losses reduced from 15.2 percent to 11.9 percent over the same period, while recovery improved from 98.6 percent to 100.8 percent. These figures reflect tighter billing, reduced theft, and stronger consumer confidence.

The turnaround is attributed to a deliberate set of reforms: including the appointment of an independent Board of Directors insulated from day-to-day interference, consistent policy guidance and performance monitoring from the Ministry, automation and meterization of the network, and a renewed focus on consumer service. The approach marks a shift from ad hoc intervention to structural, governance-led reform across the power distribution company.

The Ministry states that MEPCO’s result is a template rather than an exception, and that the same combination of independent governance, transparency, and technology-led monitoring is being extended across other distribution companies. This is part of a wider effort to end circular debt and put the power sector on a sustainable path of growth.