Thursday, 08 September 2016
The worse menace of power circular debt still haunts the economy. Back in 2012, the country was not producing from a few power plants to manage the losses in the power sector. The inter-disco tariff subsidy peaked in FY12 at Rs457 billion (2.3% of GDP). That was despite the fact that half of the demand was shed by system, while at least potential a quarter was not used to be produced.