FPCCI calls for end to energy crisis

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KARACHI : Experts on Tuesday urged upon the government to devise a comprehensive policy to overcome the energy crisis across the country.


The ‘Energy crisis and its solution’, a roundtable conference was organised by the Federation of Pakistan Chambers of Commerce and Industry (FPCCI).


President FPCCI Zubair Ahmed Malik asked the government to resolve the energy issue at the earliest.


As a short term measure, funds should be released to power generation companies immediately and then the issue of circular debt must be resolved, he suggested.


Malik said that the recommendations and proposals would soon be submitted to the newly elected government for review.


He said that all relevant quarters were unsure about the power generation capacity of existing plants in the country, adding: “They frequently quote the figure at 23,000MW which is misnomer as many plants have gone old and their generation is depleting.”


VP FPCCI Gulzar Firoz suggested that the government should declare working and business hours from 8am to 6pm in order to conserve energy.


He further suggested the government to ban marriage halls from wasting electricity through illumination and order them to close down at 10pm.


Eng M A Jabbar said that the interim government has failed to handle the situation.


Releasing funds to IPPs is not the solution as the elected government would have to resolve this issue once for all and come out of this vicious circle, he opined.


He pointed out that many plants in public and private sector were running under-capacity. He recommended withdrawing gas supply from inefficient and old fertiliser plants and said that the gas should be diverted to power plants to run the industry.


Prof Nasim A Khan also termed corruption and inefficiency as major causes of energy crisis.


During the previous regime, as many as five to six ministers and secretaries were changed and transferred and all of them came up with flop policies, he commented.

Courtesy:  Dawn

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