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Power generating machinery import up by 110pc - LahoreEstate - 05-24-2009 06:32 AM
By: Sadia Saeed | Published: May 24, 2009
KARACHI - The deteriorated power generating condition in the country has increased the import of power generating machinery in the Pakistan. Pakistani traders have spent Rs 111.8 million on the import of power generating units in the country during July-April 2008-2009.
According to the data released, the power generating machinery import last year during the same period cost Rs 53 million. There is a steep increase in the import of 110 pc during the considered period this year, owing to the poor power generation condition in the country. The import was of Rs 7.59 million during the month of April 2008 as compared to Rs 18 million in the April 2009, making the percentage difference of 138 per cent.
It is noteworthy that Pakistan is going through worse power crisis from last few years, which is deepening day by day. The country has witnessed no power generation improvement or installation during last several years. It has turned out to have worst impact on the economy and general lives of public.
Tall claims have been made by the federal and provincial ministers to improve the power supply system in the country, with declaration that loadshedding will end in December 2009.
But on the contrary, the condition of power generation and its demand in the country is getting worse.
Energy experts are of the opinion that these claims are outlandish on behalf of our government officials. It should be kept in mind that even if the government plans to install any new power generation unit, it would take at least 3 years to provide half of its capacity. So, how is it possible that government would improve the situation in the country before the end of the current year.
http://www.nation.com.pk/pakistan-news-newspaper-daily-english-online/Business/24-May-2009/Power-generating-machinery-import-up-by-110pc