ISLAMABAD: Prime Minister Syed Yousaf Raza Gilani directed the Ministry of Finance to immediately release funds to Pepco for resumption of fuel supplies to thermal power plants. While Federal Minister for Water and Power has said that the situation will improve over the next 48 hours.
The above direction was given by the Prime Minister while chairing a special emergency meeting at the Prime Minister house here on Monday on the current acute energy shortfall in the country.
The Prime Minister also directed the Ministry of Petroleum and Natural Resources to ensure restoration of fuel supply to the power plants including KAPCO and HUBCO so that they can generate electricity to ease the electricity shortage in the country.
Full restoration of fuel supplies to these two plants will generate additional 2,000MW electricity.
A report sent to Prime Minister Gilani revealed that Pepco is facing a loss of around Rs42.3 million every hour due to electricity theft and non-payment of dues.
The meeting reviewed energy conservation measures, and Minister for Water and Power was directed by the Prime Minister to hold consultation with the provinces in this regard.
The Prime Minister also directed the High Powered Committee consisting Syed Naveed Qamar, Minister for Water and Power, Dr Asim Hussain, Minister for Petroleum, Deputy Chairman Planning Commission, Dr Nadeemul Haq and Acting Governor State Bank of Pakistan and headed by the Finance Minister, Dr Abdul Hafeez Sheikh to submit recommendations in a Special Cabinet meeting to be convened soon aimed at the resolution of unscheduled loadshedding in the country.