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ISLAMABAD: Federal Minister for Water and Power Raja Pervez Ashraf said Pakistan would have to wait 7 to 8 years for low-cost electricity.
He said Pakistan has no other option but to cover power shortfall with rental power plants for the next 3 to 4 years.
Talking to media while visiting National Power Control Center in Islamabad, Ashraf said power rental issue was openly criticized, due to which investors got confused and resulted in project delay.
Ashraf said oil-run power units are working according to their generation capacity.
He said he gave a roadmap to end the load shedding by December 31, however, he will not give a new dead line.
He further said power shortfall would reduce to a great extent after January 31 because blockage of canal water will be over while gas supply will also be resumed.
He said, this year, electricity consumers would be given subsidy of Rs55 billion, however, the subsidy will be removed gradually.
Ashraf pointed out that a number of grid stations had tripped down in Punjab due to the fog.
No more time frame for load shedding end: Ashraf - GEO.tv
He said Pakistan has no other option but to cover power shortfall with rental power plants for the next 3 to 4 years.
Talking to media while visiting National Power Control Center in Islamabad, Ashraf said power rental issue was openly criticized, due to which investors got confused and resulted in project delay.
Ashraf said oil-run power units are working according to their generation capacity.
He said he gave a roadmap to end the load shedding by December 31, however, he will not give a new dead line.
He further said power shortfall would reduce to a great extent after January 31 because blockage of canal water will be over while gas supply will also be resumed.
He said, this year, electricity consumers would be given subsidy of Rs55 billion, however, the subsidy will be removed gradually.
Ashraf pointed out that a number of grid stations had tripped down in Punjab due to the fog.
No more time frame for load shedding end: Ashraf - GEO.tv