Power situation in the country has worsened as shortfall peaked to 5400 MW on Monday due to increase in demand and reduction in generation from hydel and thermal sources. The duration of load shedding in villages has reached 12-13 hours whereas in cities 7-8 hours a day. "Maximum generation was 8600 MW against the rising demand of 14000 MW on Monday," said an official on condition of anonymity.
When a spokesman of the Ministry of Water and Power was contacted to get exact figures of power generation, he said the NTDC had not sent any information in this regard. Minister for Water and Power Naveed Qamar, sources said, was being updated on power generation minute by minute and plant to plant and he was well aware of the current situation.
The government recently extended Rs 136 billion to the power sector to restore credit limits of Hub Power Company Limited (Hubco), Kot Addu Power Company(Kapco) and other Independent Power Producers (IPPs) but furnace oil fired power generation remained below capacity. Official documents reveal that Pakistan State Oil's receivables from Water and Power Development Authority(Wapda) are Rs 50 billion, of which Rs 40.322 billion are over due whereas Rs 9.704 billions are not yet due.
Likewise receivables from Hubco are Rs 79 billion (Rs 73 billion over due+ Rs 6 billion yet not due) and receivables from Kapco are Rs 20.776 billion. Audited price differential claim on High Speed Diesel (HSD) is Rs 1.382 billion, price differential on LSFO/HSFO Rs 3.407 billion, price differential on imported PMG is Rs 1.351 billion and price differential under GLMP & NTDC-KESC is Rs 8.612 billion. The PSO's payable to local refineries are as follows: Parco -Rs 29.5 billion, PRL- Rs 15.5 billion, NRL- Rs 9 billion, ARL-Rs 24.6 billion, Bosicor ( net receivables) Rs 2.650 billion and others Rs 1.036 billion.
Comments
Comments are closed for this article.