Wednesday, 25 February 2015
Highly agonising though it is but the use of generators has now become a part and parcel of our lives and claims a considerable chunk of the country's foreign exchange resources. According to the latest data released by the Pakistan Bureau of Statistics (PBS), imports of generators have risen by as much as 20.4 percent to dollar 775 million during the first seven months (July-January, 2015) of the current fiscal year as compared to dollar 643 million in the corresponding period of FY14. It may be noted that the imports of generators had also risen by almost 12 percent to dollar 1.07 billion in 2013-14 compared to dollar 958.6 million a year earlier. Punjab, which has been hit very hard by energy shortages, holds 60-70 percent share in total arrival and consumption of foreign generators. Khurram Saigol, President of Pakistan Machinery Merchants Group (PMMG) has revealed that industrialists in Punjab were importing over 20 KVA (kilo volt amps) diesel generators in large numbers and also purchasing second-hand imported generators. This was due mainly to the reduction of Rs 28 per litre in diesel price from September, 2014 till February, 2015 that had curtailed operating cost of diesel generators for the industrialists. Future cuts in diesel price may push up the demand for diesel generators further in the coming months. However, over 90 percent of the ordinary people prefer running their residential/portable generators on natural gas.