Hyde
SENIOR MODERATOR
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- Oct 20, 2008
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the relevance is that bcz of the theft the circular debt is increasing !!!!!!!
Theft could be one-face-saving excuse my friend but it is just one reason out of many. Poor planning of PML-N/PPP back in 1990s, no forward thinking about energy crisis in early 2000s, poor infrastructure of electricity distribution in the country, corruption such as not giving fuel to most efficient plants and wasting money by giving the fuel to least efficient plants, theft and so many other reasons all combined to make this circular debt a monster.
We should have been focusing on hydel power projects back in 1980s, 90s and most of them should have been completed by 2000s if we were to reap fruit at this time. If people objected on Kalabagh, we still had so many other dam projects which could be initiated but they rather relied on easy route of buying generators and installing diesel/furnace oil powered plants that cost hefty money and translates into circular debt.
But that is not much, it could be used in coal-fired plants in Punjab or for other purposes. Use the resources which they have in abundance, green energy and is cheaper.I did read somewhere that Southern KPK does produce some coal. But yeah, KPK is blessed with hydel power sites.
TAx collection, economic upturn through federal, more local and foreign investment, other sources. But money will be a huge problem no doubt.