National Energy Efficiency and Conservation Action Plan 2023-2 outlines 29 priority actions across various sectors and projections indicate a cumulative savings of 9 MTOE by 2030 with a mapped investment potential of 8 billion US$. This translates to a cumulative financial savings of 6.4 billion US$ at 2022 prices. Approximately 17,000 MW of cooling load […]
Energy Conundrum Solutions- V Read More »
NEPRA’s Competitive Trading Bilateral Contract Market (CTBCM) providing a roadmap for opening the Wholesale Electricity Market of Pakistan and possibly with Pakistan Mercantile Exchange (PMEX) to create the trading exchange. This is pending since 2020 but “Proof of concept” hearing has still not been undertaken whose completion would have ensured timely induction of expired PPAs
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Introduction of High Voltage Direct Current Matiari-Lahore Transmission Line was established to efficiently transport electric power mainly from the southern region to the central and northern load centers over a distance of 886 km with capacity to transmit 4,000 MW of electric power. The project achieved COD on September 01, 2021 and significantly enhanced system’s
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In NEPRA’s Performance Evaluation Report 2022-23, recovery ratios of DISCOs show 6.2% improvement in last 5 years (93.39% current) resulting in Rs.851.38 bn excess losses contributing circular debt escalation. Why do we not learn from recovery success story of FESCO (100.39%), MEPCO (98.27%) IESCO (104.98%), GEPCO (98%), KE (92.76%) and LESCO (94.33%) or is enlisting
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Situation Budget estimates suggest 12% inflation, 14.3% investment to GDP expectation, $ parity target of Rs 295 (3.5%) vs 285 or 328.4 (~15% per IMF) and a budget of Rs 18,500 bn, tax target Rs. 12,970bn. But achieving 7-9% GDP growth is not yet in the horizon. FY25 target of 3.6% is much better than
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Addressing tariff distortions, energy sector reforms, and fostering regional cooperation are vital for Pakistan’s energy security and economic growth in the long term.
The government aims to catalyze SOE disinvestment through P3P mode, reviving PIDC, and implementing vertical holding companies, drawing lessons from successful privatization stories like K-Electric.
The government plans to merge key ministries, streamline processes, and revitalize SOEs to stimulate economic growth, attract FDI, and ensure financial sustainability, emphasizing efficiency and accountability.
The government aims to delegate curriculum revamping to institutions, focusing on job market needs, and encourage private sector involvement in education. Energy and tax reforms are prioritized for economic growth.
Strategic energy investments and judicious reforms vital for Pakistan’s long-term security and growth
Ending hopium — III Read More »
