Published On: Tue, May 7th, 2019
Published in Category: Islamabad

It will be ensured that uninterrupted power supply is provided across the country during Sehr & Iftar timings, meeting informed

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ISLAMABAD: No power load shedding will be carried out on eight percent feeders across the country during the holy month of Ramadan as a result of improvement brought in the transmission system.

This was informed to a high level meeting chaired by Prime Minister

Imran Khan on energy reforms in Islamabad on Monday. The meeting was informed that a load management plan has been prepared for the remaining twenty percent feeders where load shedding will be carried out keeping in view the ratio losses.

However, the meeting was informed that it will be ensured that uninterrupted power supply is provided across the country during Sehr and Iftar timings.

The meeting was informed that the campaign launched by present government to check power pilferage and ensure recoveries has started producing positive results. An additional amount of forty eight billion rupees was recovered as a result of this campaign from December 2018 to March 2019. It was anticipated that this amount will reach eighty billion rupees by the end of this year. These additional recoveries are expected to reach 190 billion rupees by June next year.

Apprising the prime minister about the progress achieved so far to check the power theft; it was informed that over twenty seven thousand FIRs have so far been registered whilst 4225 arrests have come into effect. It was informed that action has also been taken against the officials involved in the pilferage. On the circular debt, the Prime Minister was informed that it will be reduced from four hundred and fifty billion rupees to ninety six billion rupees in the fiscal year 2019-20. The meeting was informed that the target to completely overcome the issue of circular debt is December next year.

About the power tariff, the Prime Minister was informed that the flawed policies of previous regimes did not incorporate net hydel profits and the expenditures incurred on different projects in the power prices. As a result the consumers are compelled to bear the additional burden.

The Prime Minister was informed that the rulers in the past used to announce subsidies for different sectors but no amount was allocated for that purpose in the budgets.

The meeting was informed that it is the first time in history that a power demand and supply plan has been prepared for twenty five years. The Prime Minister was informed that a renewable energy policy has been framed in order to produce cheap electricity in the country. The policy targets to increase the share of renewable sources in the power generation to twenty percent by 2025 and thirty percent by 2030.

The meeting was also briefed about reforms in the Petroleum sector. It was informed that the policy regarding oil and gas exploration and production is being revisited. Forty blocks have been identified for exploration and production. It was informed that road shows will be held in various countries to attract investment in these blocks and exploit the oil and gas reserves of the country.

It was informed that the country’s first shell policy is being formulated. The meeting was attended amongst others by Minister for Power Umer Ayub, Adviser on Finance Dr Abdul Hafeez Sheikh, Special Assistant on Petroleum Nadeem Babar, Special Assistant on Information and Broadcasting Firdous Ashiq Awan and Spokesperson Nadeem Afzal Chan.


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