Federal Energy Minister Owais Leghari says that IPPs will give good news on the issue in a couple of months, the government and secret agencies are working on it, people and industrialists will benefit, reforms in the energy sector are inevitable, 2 hours of load shedding. 50 billion rupees can be saved, new plants will have to be installed to meet the energy consumption.
Addressing the National Youth Convention in Islamabad, Federal Minister for Energy Owais Laghari said that there is a need to generate 29,000 megawatts of electricity, steps are underway to overcome the energy crisis, reforms in the energy sector are inevitable, 2 hours If loadshedding is tolerated, there will be a benefit of 50 billion.
Acknowledging the most expensive electricity in the region, Owais Leghari said that there is no doubt that they are providing the most expensive electricity in the region, because of the dollar, the capacity payment has increased to 18 rupees.
The Federal Energy Minister said that 30% of the country’s energy is renewable, your installed capacity is 39 thousand, you must have heard why we have increased this much capacity, this capacity is as much as you need, capacity. Charges are given for 35 thousand megawatts.
Owais Leghari said that every year when the temperature goes above 40 degrees, the power generation capacity decreases by 300 to 400 megawatts, every year every plant has to shut down for a few days. Then you save 34 thousand megawatts.
Total electricity price has not increased but decreased, Owais Leghari
He added that planning has to be done according to the maximum demand, currently you have the capacity to generate 29,000 megawatts of electricity.
Owais Leghari said that the electricity is for use at all times, it is only 7 thousand megawatts, the highest demand is 24 thousand megawatts, 1 thousand 845 megawatts is lying in the system only because the people of Pakistan have 85 Hourly electricity should be provided, apart from this, there is no demand for this 1,845 MW, our system is paying 50 billion rupees annually for it.
The Minister of Energy further said that if we do not keep this electricity in the system, we will have to do 85 hours of load shedding within the whole year, that is, if we tolerate load shedding of electricity for 40 days and 2.2 hours, then the whole nation can save 50 billion rupees. , this is the price paid by areas where there are no line losses.