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Country will have to spend $100m on grid system

Advisor to Prime Minister on energy affairs Dr Musadiq Malik on Monday made it clear that import of 500MW of power from the neighbouring India at her ‘sweet’ conditions is not in Pakistan’s benefit. He said this while addressing a seminar on renewable energy in South Asia held here at a hotel. The event was organised by the South Asian Association for Regional Cooperation (SAARC). Various officials of ministries of water and power, petroleum, commerce, trade etc were present on the occasion besides the attendance of representatives of chamber of commerce and industry.

The Advisor seriously criticised the import of power from India by saying that if Pakistan imports 500MW of electricity from India then it would have to construct $10 crore ($100 million) worth power grid system. The construction of this power grid system will be possible in next three years if it (federal government) decides so. He, however, said that negotiations with Indian authorities are going on and energy crisis of the country can be minimized with mutual cooperation of SAARC countries. Reiterating the stance of the PML-N government on Iran-Pakistan gas pipeline project, which is also dubbed as peace pipeline, Dr Musadiq Malik loudly said that both countries will complete the project and at present work is under being done on the IP gasline project.

Criticising the role of power distributing companies (Discos) over their trend of showing increased recoveries from the consumers, the Advisor said they are allegedly involved in presenting wrong statistics as several reported flaws are obvious to expose the wrong statistics of Discos. Energy Advisor to the premier Dr Musadiq Malik in his address also said that power production from those state owned power plants that have presented poor performance is a criminal activity to some extent. He also said that five years are required to end power shortfall in the country. “Pakistan’s system has become bureaucratic and is involved in corruption, Dr Musadiq said, adding that a sum of 500 to 600 billion worth subsidy will be given to the power sector during ongoing financial year 2013-14.

During the course of this event, chamber of commerce & industry floated a proposal to end energy crisis of SAARC countries.

The chamber proposed to establish a central transmission and dispatch system and a SAARC regulator as well to meet the rising power demands of SAARC countries.

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