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Olson inaugurates Network Operations Centre at Wapda

US Ambassador Richard Olson and CEO Power Information Technology Company Hasan Bokhari led an inaugural ceremony at the Network Operations Centre at the Wapda auditorium on Thursday. The facility was established through a partnership between Pakistan's electricity distribution companies and the USAID. It will serve to alleviate Pakistan's continuing energy crisis by allowing more effective management of available electricity and reducing unscheduled loadshedding throughout Pakistan.

The Centre manages new state-of-the-art monitoring and control systems that have been installed in all 10 government-owned power distribution companies (Discos), which will more efficiently allocate Pakistan's electricity. "The United States government is proud to work in partnership with the government of Pakistan to take the necessary steps to resolve the energy crisis, which impacts so many Pakistanis," said Ambassador Olson. He added, "Consumers need to be aware of the planned loadshedding schedules to effectively plan for their business and personal needs, and the National Power Control Centre plays a vital role in helping Pakistanis navigate their day-to-day lives by helping the distribution companies, better manage the electrical supply and accurately communicate loadshedding schedules." Currently, unscheduled and unpredicted load shedding is one of the most visible manifestations in Pakistan's power crisis. It is a consequence of power shortages and the inefficient distribution of electricity. The inauguration of the Network Operation Centre marks one more accomplishment resulting from the wide-ranging partnership between the US and Pakistan in the energy sector.

Copyright Business Recorder, 2014


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln