To curb load shedding, caretaker PM orders release of Rs22 billion

According to recent data, the power shortfall has crossed 6,500 megawatts.


Web Desk May 20, 2013
According to the recent data, the power shortfall has crossed 6,500 megawatt. PHOTO: MUHAMMAD NOMAN

ISLAMABAD: To provide relief to the nation from increasing load shedding, Caretaker Prime Minister Mir Hazar Khan Khoso ordered the immediate release of funds worth Rs22 billion, Express News reported on Monday.

According to recent data, the power shortfall has crossed 6,500 megawatts.

The total demand for power is 15,700 megawatts, whereas around 9,000s megawatt energy is produced only.

Because of the severe shortfall, the duration for power outages has reached 22 hours in certain parts of the country.

COMMENTS (12)

gp65 | 8 years ago | Reply

@concerned: "If writing a check can generate electricity then perhaps the energy crisis is really a financial crisis."

To a large extent that is true. The consumers do not pay full price, the government does not have the fiscal space for an open ended subsidy and finally there is also a balance of payment crisis i.e. Pakistan does not have the forex to pay for the necessary amount of fuel. The forex levels with SBP are the lowest in last 10 years and are insufficient to cover even 2 months of normal imports, so imports are being squeezed which includes fuel.

truth | 8 years ago | Reply

nadir: tell this to the politicians and not the common man if you have the guts to do it. im sure dont tell them even if u meet them on the street.

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