Sunday, March 3, 2019
Energy Crisis in Pakistan
Energy is the blood eviscerate of a surface argonas economy. A continuous and sufficient energy come out can ensure a healthy and progressive economy. Pakistan is unfortunate to spunk severe energy crisis in recent years. The parting gap amidst demand and supply is mounting with every year and it is pushing the country into dark ages. Worst part of this menace is the fact the installed capacity of electricity can not only fulfill the energy demand alone can also produce surplus amounts of energy. The highest peaks of energy demand are up to 14000 to 14,500 MW and the power generation capacity is 19.500MW.Hence the problem is an outcome of the absence seizure of any viable solutions to add energy to the national grid. The pertaining factors which caused such an smart situation are expensive means of energy production, transmission line losses, lack of infrastructure, circular debts and electricity theft. In addition to that the economy is sinking feeling like rock due to the q uagmire of scarcity of power. It had serious implications on business activity and country faces a shutdown of industry, drain of capital, unemployment and no foreign direct investment.The falling economy took the crutches of foreign debts which caused soaring high amounts of utility bills. Now a daylights electricity situation is spank and country is challenged by an immense power blackout. The failure of the government to unattackable sustainable, dedicated and affordable energy supplies has resulted in closure of hundreds of units. It created an outcry in industrial community. It is high time to rectify the mistakes of past and implement prospicient term and short term energy projects to fulfill the future day need of power.
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