Govt will have to raise power tariff by 30pc to revive IMF programme

[Norwegian]

If you were expecting PTI to reduce the power tariff to 10PKR; you haven't managed your expectations well.

Most Pakistanis think like this: First let corrupt govts sign ridiculously bad binding contracts on behalf of the people. And when price of these contracts is to be paid: Blame the mess on another govt which had no say during the signing of these very bad binding contracts.

 

[Norwegian]

Yeah and Nawaz was a smashing success, we had like 5PKR per unit when he was PM. Zardari was even better. We'd pay quite less for electricity BECAUSE IT WOULDN'T BE THERE MOST OF THE TIME.

Pakistan had the cheapest electricity prices during the 60's and early 70's when we still had hydro electric dams at full capacity. Then we got fruits of democracy: IPPs

 

[Syed1.]

You working as a mushir for PTI? Accept the reality man.GOV failed miserably.I myself voted for pti BUT NOT AGAIN ..

Congratulations you deserve to be looted and plundered.

 

[TNT]

I never knew actions never had consequences.

The culprits were caught. It wasn't PM Khan who let them go.

Yup and our action of electing a weak PM is very evident.
Culprits were caught n let go, both the govt and courts facilitated them. By the way what is stopping this govt from taking back zardari's billions of corruption? First tall claims and now excuses.

 

[Norwegian]

Culprits were caught n let go, both the govt and courts facilitated them.

Govt didn't give bail to culprits, courts did.

 

[Norwegian]

By the way what is stopping this govt from taking back zardari's billions of corruption?

Law, court procedures etc

 

[Norwegian]

First tall claims and now excuses.

First let govt run the courts and then complain.

 

[Thəorətic Muslim]

Yup and our action of electing a weak PM is very evident.
Culprits were caught n let go, both the govt and courts facilitated them. By the way what is stopping this govt from taking back zardari's billions of corruption? First tall claims and now excuses.

Ofcourse. The PM should have cleaned out the corrupted bureaucrats within 2 hours of being elected.

 

[Nilgiri]

Ofcourse. The PM should have cleaned out the corrupted bureaucrats within 2 hours of being elected.

Which PM or president in the world has ever managed that?

 

[Yaseen1]

cheap electricity always promotes industrial growth but when our govt run on imf dictation and make corporate laws which discourage new investment in industrial startups and also increase interest rates and hinder capital raising ability for investors then industry not benefit from cheap electricity as happened in past.Expensive electricity in previous govt is due to short term measures for ending electricity shortfall as at that time 12 hours load shedding was occurring in major cities of Pakistan and building dams takes time so to control electricity shortage in limited time they opted for temporary measures which costed more now when we have controlled electricity shortage we are moving towards building dams and will replace these costly methods for electricity generation gradually

Is it IMF or previous govts responsible for signing these expensive and unsustainable long term electricity contracts?

https://twitter.com/x/status/1277760046395535360

 

[Norwegian]

Which PM or president in the world has ever managed that?

Once Ukraine and Georgia fired thousands of police officers at once. So it's not an impossible task

https://www.wsj.com/amp/articles/tw...tart-fresh-it-workedup-to-a-point-11592040601

 

[Nilgiri]

Once Ukraine and Georgia fired thousands of police officers at once. So it's not an impossible task

https://www.wsj.com/amp/articles/tw...tart-fresh-it-workedup-to-a-point-11592040601

Yah but we are talking bureaucrats here...not to mention elected politicians too.

 

[Thəorətic Muslim]

Which PM or president in the world has ever managed that?

President Donald J Trump? obviously. do you even history?

 

[Vanamali]

Immediate:
- Privatize DISCOs - private companies will deal with the theft which has been lingering on and on.

- Close old inefficient GENCOs

Medium Term:

- Move to Hydel and Thar coal to reduce price and eliminate imported fuel

Privatization will help in improving the quality but it will not reduce the cost... Biggest culprit is political promises made by Govt, which will break the back of discoms... Even in India it is same problem... Eg in Tamilnadu 100 units are free for domestic consumption... Govt never pays that subsidy to discom and will increase commercial power cost leading to increased cost of all products. We as people should not vote for subsidies...

 

[Bilal.]

Privatization will help in improving the quality but it will not reduce the cost... Biggest culprit is political promises made by Govt, which will break the back of discoms... Even in India it is same problem... Eg in Tamilnadu 100 units are free for domestic consumption... Govt never pays that subsidy to discom and will increase commercial power cost leading to increased cost of all products. We as people should not vote for subsidies...

Well, one of the major component that’s passed on and/or becomes part of circular debt is T&D losses which for some DISCOs run at around 40% and more. Private sector running a disco will make sure to reduce to to world average or else it will have to bear the loss on its books. Either way it will not get accumulated onto the circular debt.

As an example KESC had T&D losses of 35.6% in 2009 which has come down to around 19% now and continuing downwards.