BR100 Decreased By (-0.4%)
BR30 Decreased By (-0.65%)
KSE100 Decreased By (-0.29%)
KSE30 Decreased By (-0.22%)
AGHA 6.56 Decreased By ▼ -0.11 (-1.65%)
BECO 4.40 Increased By ▲ 0.05 (1.15%)
BML 55.89 Decreased By ▼ -0.28 (-0.5%)
BOP 30.05 Decreased By ▼ -0.07 (-0.23%)
CNERGY 12.75 Decreased By ▼ -0.23 (-1.77%)
CSIL 5.21 Decreased By ▼ -0.10 (-1.88%)
FCCL 51.00 Decreased By ▼ -0.65 (-1.26%)
FFL 14.43 Decreased By ▼ -0.06 (-0.41%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 5.97 Decreased By ▼ -0.09 (-1.49%)
KOSM 5.58 Decreased By ▼ -0.26 (-4.45%)
LOTCHEM 26.15 Decreased By ▼ -0.02 (-0.08%)
MLCF 90.33 Decreased By ▼ -0.90 (-0.99%)
NBP 161.45 Decreased By ▼ -2.74 (-1.67%)
NCPL 52.55 Decreased By ▼ -0.63 (-1.18%)
NPL 57.98 Decreased By ▼ -1.14 (-1.93%)
OGDC 315.40 Increased By ▲ 2.01 (0.64%)
PACE 9.70 Decreased By ▼ -0.07 (-0.72%)
PAEL 34.73 Decreased By ▼ -0.51 (-1.45%)
PIBTL 14.23 Decreased By ▼ -0.48 (-3.26%)
PPL 221.00 Decreased By ▼ -0.36 (-0.16%)
PRL 90.89 Decreased By ▼ -0.33 (-0.36%)
PTC 59.25 Increased By ▲ 0.06 (0.1%)
SSGC 23.39 Increased By ▲ 0.09 (0.39%)
TBL 8.65 Decreased By ▼ -0.10 (-1.14%)
TELE 7.40 Decreased By ▼ -0.21 (-2.76%)
TPL 21.00 Decreased By ▼ -1.03 (-4.68%)
TPLP 12.02 Decreased By ▼ -0.54 (-4.3%)
TREET 21.33 Decreased By ▼ -0.40 (-1.84%)
TRG 54.35 Decreased By ▼ -1.44 (-2.58%)

ISLAMABAD: Power Division’s arm Central Power Purchasing Agency -Guaranteed (CPPA-G) has been held responsible for current load shedding in the country as it has failed to make payments to the power plants to purchase fuel.

The country is facing up to 6 to 10 hour long load shedding due to shortfall of up to 5000 MW as many power plants are on forced outage or shutdown due to non-availability of required fuel.

This was the crux of a meeting arranged by National Electric Power Regulatory Authority (Nepra), after Prime Minister, Shehbaz Sharif took strict notice of current load shedding in the country at a meeting on April 14, 2022.

Nepra, which is the regulator of power sector, was not invited to the emergency meeting due to non-availability of fuel and technical faults, though CPPA-G, National Power Control Centre (NPCC) and other concerned organizations were present.

“Prime Minister Shehbaz Sharif wants to get rid of load shedding immediately,” said Dr. Miftah Ismail.

Electricity load shedding: Nepra takes serious notice

According to an official statement, the Authority expressed serious concerns over power outages due to non-availability of oil and technical glitches.

The regulator questioned why these power plants are not available when the country is in dire need of electricity and the representatives of power plants responded that they have lodged a complaint against CPPA-G over non-availability of funds.

“We don’t have money to buy oil and repair plants. Both problems can be overcome if CPPA-G pays money on time,” said the CEOs of power plants.

After hearing the viewpoints of power plants, Nepra directed CPPA-G to expedite disbursement of funds to power plants. The authority also directed NPCC to review its planning according to the severity of the weather.

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.