Sunday, June 10, 2018

PM orders cut in power sector losses

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According to the ministry, the country`s power generation capacity increased substantially but the power system was not improved proportionately that required a massive investment for upgrade. It also reported that the transmission and distribution system was still fragile and susceptible to minor variations in frequency and unusual events.
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As such, the more electricity is produced, transmitted and consumed, the bigger becomes the size of circular debt. At 15,000MW power generation, the circular debt was building at the rate of about Rs120 billion, while it is now set to grow to Rs360bn as generation gets closer to 21,000MW.
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It was reported that compared to 18,753MW in 2013, the current available generation capacity currently stood at 28,704MW. However, due to weather conditions and the resultant reduced water supply, hydel generation in May this year remained at 3,090MW, compared to 6,333Mw in 2015.
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Complete news at: https://epaper.dawn.com/DetailImage.php?StoryImage=06_06_2018_016_005

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