Fuel oil supply to power plants increased: Senate panel told

Attention: open in a new window. PDFPrintE-mail

Ministry of Water and Power has informed the Senate Sub-committee on Finance that arrangements have been made to ensure furnace oil supply to power plants to minimise loadshedding in the country.

Secretary Water and Power Rai Sikandar Ahmed said that power generation would be increased from current 9,000MW to 13,000 MW in the beginning of April due to increase in supply of furnace oil.

Rai Sikandar said that the additional burden in terms of cost owing to increase in generation through furnace oil would not be passed on to consumers. The meeting, which was presided over by Senator Fateh Muhammad Hassani, reviewed the development projects of water and power ministry in Balochistan. He said to minimise loadshedding, supply of furnace oil to the power sector has been increased to 25,000 tons. This would help reduce loadshedding.

About the circular debt, he said the power sector circular debt has increased to Rs 414 billion with more than Rs 100 billion payable by private sector. He said outstanding of power sector against public sector has crossed Rs 150 billion and Rs 42 billion are outstanding on account of GST. Secretary Water and Power said that Rs 96 billion are outstanding against various others institutions.

The secretary said water and power sector projects could not be completed in Balochistan due to various reasons. He assured the committee that all possible measures would be taken to ensure the completion of these projects at the earliest. He also admitted that power crisis was more acute in Balochistan as only 400 MW is being supplied to the province against its share of 1,400 MW. Sikandar said completion of transmission line from Dera Ismail Khan to Loralai and Dadu to Khuzdar would help minimise problems of electricity in the province.

Courtesy: Business Recorder

Forex open Market rates & comments Archive

Login Form