Pakistan has set aside 2,000 megawatts of extra electricity for Bitcoin mining and artificial intelligence centres, the Ministry of Finance said on Sunday, as reported by 24NewsHD TV Channel.
The move is part of the Pakistan Crypto Council’s digital transformation plan. Officials say the aim is to use power that was going unused and to boost economic growth.
Finance Minister Muhammad Aurangzeb added that this step should draw billions of dollars in foreign investment and create high-tech jobs across the country.
A Push for Digital Growth
The Pakistan Crypto Council, a government-backed body, is leading this effort. In the first phase, the government will keep extra electricity ready for AI infrastructure and Bitcoin mining facilities.
Officials want to turn surplus power into revenue and believe this will place Pakistan at the forefront of digital innovation. The rapid rise of solar energy has changed the power scene.
As more people use solar panels to cut costs, the grid now has more available energy. The council sees an opportunity to tap into this surplus.
Bilal Saqib, a notable voice in the tech sector, welcomed the plan. He said it gives Bitcoin miners and AI data centres a chance to grow. Saqib also noted that clear rules and openness could help Pakistan become a crypto hub.
Also Read: Pakistan Explores Bitcoin Mining To Utilize Surplus Power And Ease Energy Costs
Incentives and Regulation
To attract investors, the government has offered tax breaks for AI projects and duty waivers for Bitcoin miners. Miners will have access to renewable energy sources in the second phase. As a result, the industry ought to become more sustainable and green.
The government has also formed the Pakistan Digital Asset Authority to oversee the fast-growing cryptocurrency and blockchain market. This new authority will regulate digital assets and ensure that rules are followed.
Moreover, the Pakistan Crypto Council signed a Letter of Intent with World Liberty Financial, a DeFi initiative backed by former President Donald Trump. This agreement was formalised during meetings in Islamabad. Officials hope this partnership will bring more expertise and capital to Pakistan’s crypto landscape.
Global Interest and Future Plans
International firms have already started visiting Pakistan to explore partnerships. The Ministry of Finance said this allocation is only the first stage of a larger, multi-step rollout. Later phases will expand infrastructure for data centres, research labs, and other high-tech centres.
Experts believe that by combining surplus electricity with formal regulations, Pakistan can stand out in the global crypto and AI markets. They point out that clear rules will reduce risks for foreign companies and encourage them to set up operations here.
As Pakistan moves forward, officials promise more details on how companies can apply for power allocation. They also plan to share timelines for the next phases of the project.
With the promise of tax incentives, renewable energy access, and a new regulatory body, Pakistan aims to reshape its digital economy.
By monetising unused electricity and creating jobs, the country hopes to attract global investors and build a strong base for future innovation. The government believes that this bold step will set the stage for a new era of technology-led growth.