Energy crisis: ‘Industries might shift to Bangladesh’
If the energy crisis remains the same, industrialists will shift their units to Bangladesh and other countries where the industrial sector is the top most priority, said Lahore Township Industries Association (LTIA) Haroon Shafiq Chaudhry.
In a statement, Chaudhry said the fast-increasing gap between demand and supply of electricity and prolonged unannounced power cuts show that the government is least worried about economic degradation and is not interested in taking corrective measures for the sake of the industrial sector.
He said that due to the energy crisis a large number of textile units have shifted to Bangladesh while a staggering number have also shifted to Malaysia in the last eight years; yet the government is unmoved.
He said that industrialists have also requested the Lesco officials to prepare a load shedding schedule for the LTIA instead of cutting the electricity supply after every hour but they did not bother to provide relief to the businessmen of the area.
They said that if immediate measures were not taken to ensure continuous supply of electricity to the industrial units, nothing could stop the industrial wheel from coming to a grinding halt and lead to massive lay-offs.
Published in The Express Tribune, July 21st, 2011.
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Yeah I think I will move to BGD too, if they let me. It's a nice place from what I've heard.
the only problem is circular dept we have installed power of approx 20000 MW and our demand is no 18500-19000 MW but government and power sector and oil refining companies and marketing companies are having problem of money circulation once goverment pays 100 billion to Power companies it will automaticalyy translate in to transaction of 300 billion because money goes form goverement to power companies which pay to the oil marketing companies which pay to the refining companies. after taking each profit or services in return goverment gets money back on some extent in taxes, royaltees of local crude produced and 100% money on gas uptill now only locally produced gas is used by pakistan. we need to find management & financial level solution and not the technical level on this issue. i hope we meet this problem as soon as possible
Ravindra! There is an approximately shortage of 5000 mega watts. So where ever you are, you will face the same hours of load-shedding. Neither this power crisis is a short-term problem it will take years to meet the current demand level so I believe the industries have to remain a bit patient. Otherwise, once the investment is gone so it is gone then there will be no returning back.
why bangladesh? from lahore to karachi or within pak is ok. why bangla