ISLAMABAD: Pakistan’s navy handed over command of the Combined Task Force (CTF) 150 multi-nation task force to New Zealand on Thursday, the navy said in a statement, after heading it for six months during which it boosted cooperation with regional allies and intercepted narcotics worth millions of dollars.
CTF 150 was established in February 2002 and is one of five operational task forces under the Combined Maritime Forces, the largest multi-nation naval alliance in the world. CTF 150 conducts maritime security operations outside the Arabian Gulf against threats from non-state actors.
Pakistan Navy Commodore Asum Sohail Malik turned over command to Royal New Zealand Navy Commodore Rodger Ward during a change of command ceremony at the Naval Support Activity in Bahrain. Pakistan had taken command of CTF 150 in July 2024.
The navy said during Pakistan’s tenure as head of the CTF 150, the task force conducted numerous maritime security operations. Pakistan Navy and Pakistan Maritime Security Agency ships independently interdicted three narcotics-laden dhows, the navy’s media wing said.
“Collectively, Pakistan Navy and CMF intercepted approximately 10 tons of narcotics, with a street value exceeding 50 million US dollars over the last six months,” Pakistan Navy said in a statement.
It said that under Pakistan Navy’s leadership, CTF 150 also actively fostered regional collaboration, securing the participation of ships from Kenya Navy and Royal Navy of Oman in CTF 150 operations.
The incoming Commander of the CTF 150, Commodore Ward, expressed his gratitude to Pakistan Navy for its exemplary leadership and operational successes during its tenure.
The new CTF 150 commander has an extensive background in maritime operations, with deployments to Malaysia, the Solomon Islands, Afghanistan, and Iraq, the CMF said in a statement.
This will mark the second time New Zealand has taken command of CTF 150.
Pakistan Navy hands over command of multi-nation task force to New Zealand
https://arab.news/9r4r8
Pakistan Navy hands over command of multi-nation task force to New Zealand
- Combined Task Force 150 conducts maritime security operations outside the Arabian Gulf
- Pakistan Navy says intercepted narcotics with street value exceeding $50 million in six months
Pakistan drops 8,000 MW power procurement, claims $17 billion savings amid IMF-driven reforms
- Government says decision taken “on merit” as it seeks to cut losses, circular debt, ease consumer pressure
- Power minister says losses fell from $2.1 billion to $1.4 billion, circular debt dropped by $2.8 billion
ISLAMABAD: Pakistan has abandoned plans to procure around 8,000 megawatts of expensive electricity, the power minister said on Sunday, adding that the decision was taken “purely on merit” and would save about $17 billion.
The power sector has long been a major source of Pakistan’s fiscal stress, driven by surplus generation capacity, costly contracts and mounting circular debt. Reforming electricity pricing, reducing losses and limiting new liabilities are central conditions under an ongoing $7 billion IMF program approved in 2024.
Pakistan has historically contracted more power generation than it consumes, forcing the government to make large capacity payments even for unused electricity. These obligations have contributed to rising tariffs, budgetary pressure and repeated IMF bailouts over the past two decades.
“The government has abandoned the procurement of around 8000 megawatts of expensive electricity purely on merit, which will likely to save 17 billion dollars,” Power Minister Sardar Awais Ahmed Khan Leghari said while addressing a news conference in Islamabad, according to state broadcaster Radio Pakistan.
He said the federal government was also absorbing losses incurred by power distribution companies rather than passing them on to consumers.
The minister said the government’s reform drive was already showing results, with losses reduced from Rs586 billion ($2.1 billion) to Rs393 billion ($1.4 billion), while circular debt declined by Rs780 billion ($2.8 billion) last year. Recoveries, he added, had improved by Rs183 billion ($660 million).
Leghari said electricity tariffs had been reduced by 20 percent at the national level over the past two years and expressed confidence that prices would be aligned with international levels within the next 18 months.
Power sector reform has been one of the most politically sensitive elements of Pakistan’s IMF-backed adjustment program, with higher tariffs and tighter enforcement weighing on households and industry. The government says cutting losses, improving recoveries and avoiding costly new capacity are essential to stabilizing public finances and restoring investor confidence.
