Power sector on the brink
Pakistan’s state-owned power companies are trapped in a cycle of mounting debt, persistent inefficiencies and constant government bailouts, with no signs of relief. The sector faces high operational costs, staggering…
Pakistan’s state-owned power companies are trapped in a cycle of mounting debt, persistent inefficiencies and constant government bailouts, with no signs of relief. The sector faces high operational costs, staggering…
Power sector is by far the most poorly performing sector of the economy – a sector that compromises the competitiveness of our industries, those that cater solely to domestic consumption…
Once again the World Bank (WB) is reported to be currently working with the government to invite private sector participation in the distribution sector, starting with the best-performing power distribution companies (Discos),…
The Chief Executive Officer of K-Electric (KE), Monnis Alvi, while speaking at the Korangi Association of Trade and Industry (KATI) this week, expressed his support for the entry of other…
A damming report by the Auditor General of Pakistan (AGP) says it all insofar as the massive mess-up in the domestic power sector, the consequences of which are being borne…
THE task of the country’s population has been reduced to keeping power sector entities afloat, by bearing unaffordable tariffs. And yet the sector’s financial viability remains in doubt. How did…
There is a reason the power sector puzzle, which has drained the economy and harmed citizens, has stayed unsolved. It is because no one wants to fix it. The issue…
Power purchase agreements (PPAs) with Independent Power Producers (IPPs), made under various regimes without careful consideration of the potential consequences, are the primary cause of Pakistan’s power crises. These contracts…
Among many sectors of fiscal drain, the circular debt of the energy sector is one area on the economic landscape of Pakistan which is acting as a primary drag on…
With the new round of negotiations with the IMF, the power sector and its continued ailment is once again under discussion. The mounting circular debt and its crippling impact on…