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)
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@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.
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.
Long term investment, use the money to built a nuclear plant. Think long term ;-)
If writing a check can generate electricity then perhaps the energy crisis is really a financial crisis.
Released the funds to who? How can they guarantee the money will be used to pay circular debt and lets not forget that the President is still the same!
@Zaida P: In the near future you will enjoy the ride of bullet train.......:-)
Instead of building nuclear bombs Pakistan should have spent money on nuclear power. What use is a bomb when you know there can be no winner when it is used?
Loadshedding : will bring the next Spring Revolution in Pakistan ++++++++++++++++++++++++++++++++++++++ Fraternity Electricty & Egalitie.
Release of funds which go where?
22 hours of load-shedding? I was listening from my relatives in rural Punjab that they haven't had electricity from last 2 full days now. World's 7th Nuclear power.
Throwing good money after bad. No one wants to pay the cost price of electricity, but they are more than willing to pay for UPS's, generators etc. Just put that money to pay for the electricity being produced and focus on efficiency. But no, lets just borrow more and more money to finance the circular debt. How many days or weeks will this last?