Tag: LUMS

Transmission sector reforms and load-shedding

Admin
power-breakdowns

Power production will remain sub-optimal due to low forex reserves along with outages LAHORE: Electricity load-shedding is back in the last couple of weeks. Urban areas are observing around four to five hours of load-shedding, while the situation is worse in rural areas. The demand for electricity is around 14,500 megawatts while the system is generating around 10,000MW of electricity. The huge shortfall in generation is witnessed despite very high dependable capacity and low economic growth. There is nothing special about the current demand for electricity since economic activities have…

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Power reforms: Broken promises and rising costs

Admin
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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