"India is producing electricity on Pakistani rivers and offering the same to us to buy. Don't our rulers understand this basic point?" Saeed, the mastermind of the 2008 Mumbai attacks, asked while addressing an 'Ummat Conference' at Sheikhupura, some 40 kilometres from Lahore, on Sunday.
Saeed, who is carrying a $10 million bounty on his head declared by the US, has been freely moving and conducting his activities mostly in Punjab, a province of 90 million.
"There is no need to beg India..," Saeed, the former head of banned Lashkar-e-Taiba, added.
His warning to the Sharif government came in the wake of its proposed plan to buy electricity from India and China to cope with the current energy crisis.
Finance Minister Ishaq Dar had said India is ready to sell up to 2000 MW electricity to Pakistan and "we are seriously pondering to purchase electricity from India."
Sharif had told members of the Pak-India Joint Business Council last week that he had directed Khawaja Muhammad Asif, Minister for Water and Power, to visit India and explore potential areas of cooperation between the two countries.
25,000 soldiers guard Pakistan's nuclear stockpile
Pak defends allocation of funds to Hafiz Saeed's JuD
Cameron pledges to 'stand together' with Pak on terrorism
26/11 attack trial: New judge takes over in Pakistan
Nawaz Sharif to be sworn in as Pak PM tomorrow