Tag: #Electricity

Power reforms: Broken promises and rising costs

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power-sector

Are unabated market reforms in the power sector delivering? LAHORE: Financial globalisation has driven the microeconomic reforms in the power sector in the last 30 years. After the unbundling of the Water and Power Development Authority (WAPDA), electricity generation is being done by WAPDA, Pakistan Atomic Energy Commission and a plethora of Independent Power Producers (IPPs). Transmission function is performed by the National Transmission and Dispatch Company (NTDC), while the distribution is done through 10 DISCOs at the moment. Some critics associate power sector crisis to governance failure. They are…

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Seminar on Energy Crisis and Way Forward

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Energy-Crisis

Karachi needs at least four more power distribution companies for efficiency of services, lowest electricity rates for consumers: Sindh Governor Karachi Karachi needs at least four more power distribution companies like the existing K-Electric to serve the city’s power consumers in the best possible manner with maximum efficiency of service and the lowest rates of electricity. Sindh Governor, Kamran Khan Tessori, gave the suggestion to this effect while speaking as the chief guest at a seminar on Energy Crisis and Way Forward and 17th Anniversary of Energy Update organised by…

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