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The future of SOEs [Part – III]

A detailed and rigorous exercise was undertaken to examine each SOE based on the ownership rationale and its financial performance as explained earlier, and all the commercial SOEs were categorized…

Competitive power market – II

Nepra (National Electric Power Regulatory Authority) plans to revisit its determination and a reasonable mid-way solution can be found. There is a USAID study carried out by independent consultants, which…

The rudderless energy sector

The country’s print media this week brought to surface the prevailing state of affairs in the energy sector of the country, exposing the extent to which the sector has slid…

IPP enquiry report

The IPP enquiry report has surfaced after equally contentious Wheat and Sugar report. It is a good omen that questions are being asked and the system is not afraid of…

The IPPs’ curse

The recent “un-official” release of the Report by the Muhammad Ali Khan Committee on Power Sector has given the scandal hungry predators another target to feast upon. This Report fits…

Complexities of electricity markets

Sugar, cement and flour scandals have shaken the confidence of people in markets. Regulations and government controls have not delivered either. In Karachi, people are suffering under the poor performance…

Pepco’s revival

Pepco (Pakistan Electric Power Company) has been revived under a legal arrangement of being a “Managing Agent”. The role of Pepco, briefly speaking, is to monitor and coordinate the operations…

Free the energy market

Development of a competitive energy market is imperative to solve the circular debt puzzle and to bring down energy prices in the medium to long term. The government has started…

Towards competitive electricity market

Last week NEPRA approved the detailed design and implementation plan of Competitive Trading Bilateral Contract Market (CTBCM). This is a step towards market liberalization; and it’s better than mere slogan…

CTBCM: Will it promote competition?

Competitive wholesale and retail markets are aimed at encouraging power supplies and investments and bring prices down. National Electric Power Authority (Nepra) has approved CTBCM-Competitive Trading Bilateral Contract Market. In…