AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

ISLAMABAD: Prime Minister Shehbaz Sharif has consulted all the Chief Ministers on the decision taken by the federal cabinet regarding energy conservation, especially closure of market at 8pm after getting their feedback, the decision would be implemented.

This was stated by Minister for Power Khurram Dastgir Wednesday while addressing a press conference on load-shedding and stated that the government has been trying to fix the things. He said that Karot hydropower plant production was less due to the water issue and hydel production at this point in time is 3996 MW, which should have been over 4000 MW.

The minister said the government would have avoided this situation at Trimmu LNG power plant and bring 1,200 MW electricity of Shanghai power plant in the system as soon as possible. “We are making all-out efforts and focus is to make operation,” he added.

He expressed the hope that there would be a substantial reduction in the load-shedding as shortfall was being faced due to an increase in demand following an unprecedented heat wave in the country.

He said that the energy conservation plan of early closure of market and on day work from home is also being pursued. Simultaneously, he said that the work in consumption and generation was being done and not a single megawatt was added in the system during the last four years.

Govt takes step to rein in current expenditure

With the passage of time demand increased and the previous government did not increase power generation. He said load shedding on 84 parent feeders was less and category-one feeders load shedding was relatively less, and the prime minister is taking daily briefing.

He said that affordability is an issue and power sector has become so complicated that the government would try to protect those lifeline consumers of 200 units against the price increase of electricity.

Future policy is that no power plant would be installed on imported fuel and low efficiency power plants have to be phased out. By 2030, 10,000 solar power has to be generated.

He said that those plants making Rs60 per unit was not being considered by him into installed capacity and stated that feasible capacity is only 23000 MW and the power shortfall is 4000 MW.

The industrial sector is being provided uninterrupted electricity and there are some feeders where not a single consumer is registered.

Copyright Business Recorder, 2022

Comments

Comments are closed.