Electricity import from India a priority for Nawaz

Discussion in 'Pakistan' started by Raj30, May 21, 2013.

  1. Raj30

    Raj30 Senior Member Senior Member

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    Electricity import from India a priority for Nawaz - thenews.com.pk

    ISLAMABAD: The Nawaz Sharif government will seriously consider importing 1,000MW electricity from India as part of its short to medium term strategy to end loadshedding.

    On an immediate basis, different options are under consideration at different levels, and the PML-N will present a roadmap for eliminating the circular debt. According to the option number one, the government will have to either hike its budget deficit by a few percentage points for diverting additional resources towards controlling the losses of power sector or as a second option divert major resources from the Public Sector Development Program (PSDP) to energy crisis.

    “The task force on energy has presented its recommendations in which the upcoming minister and his team have been advised to end the circular debt at all costs,” former finance minister Shaukat Tarin, who is also a member of this task force, told The News on Monday.

    Showing his reluctance to share the details of any further recommendations, he said the budget deficit might go up, but the upcoming government would have to take steps for strengthening the energy sector that had literally choked all the economic activities.

    However, sources in the economic ministries confirmed to this reporter that import of electricity from India as well as from Iran and Central Asian Republics (CARs) was feasible. It is also a pre-requisite for reviving the shattered growth prospects in the future.

    When an Islamabad-based top official of the World Bank was asked if the bank had conducted any feasibility for exploring the import of electricity from India, he replied: “Yes” and added that 1,000MWs could be imported from India within the next two years.

    The lingering energy crisis has severely damaged GDP growth in the last five years of PPP-led regime and average GDP growth stood at 2.5 percent of GDP on per annum basis.

    The Planning Commission, which is preparing the salient features of next five-year plan, has estimated that the GDP growth could touch the 7 percent mark in next five years because huge untapped potential existed in this economy.

    Citing examples, the official said, the country’s industry was running at 50 percent capacity and if power situation improved and industry achieved the level of its operation in the range of 70 percent, the country’s economic activities would be restored and GDP would be pushed up by 1 to 2 percent on per annum basis.

    Governance reforms in the power sector will also play a key role in ending corruption and leakages and improving the energy supply. The auction of Third Generation (3G) technology will also boost economic activities by improving growth rate in the range of 2 to 3 percentage points over the medium term.

    According to the WB officials, the electricity trade between Pakistan and India will be completed in next two years including conducting feasibility studies and pricing as well as placing transmission line to make it a reality.

    India and Pakistan are working on energy cooperation, as there is no regional energy sharing mechanism in this region and it is the only way forward to end crisis.

    Pakistan had formally requested the World Bank (WB) for multimillion dollar assistance for importing 500 MW electricity from India. Considering watershed developments between India and Pakistan, the WB official said Pakistan’s industrial load shedding resulted into loss of 400,000 jobs.

    Sri Lanka is the only country in South Asia which is surplus in electricity and all other countries are energy deficit but there is no energy trade scheme.Pakistan and Afghanistan can import electricity from Central Asian states for lowering down power shortages.

    Feasibility studies have confirmed technical and economic viability of exporting summer time electricity surpluses from Tajikistan and Kyrgyzstan from existing power plants to relieve power shortages in Pakistan and Afghanistan.

    “Trade in energy is negligible,” said the sources and cited an example that Afghanistan and Nepal could produce 100,000 MW hydropower which could be used to alleviate the crippling energy shortages in the region.
     
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  3. Vishwarupa

    Vishwarupa Senior Member Senior Member

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    When pakistan is ready to eat grass & sand to produce nuclear weapons, why should India export electricity.

    India should not supply electricity to pakistan & aide its economic growth.

    I also pity nawaz for openly begging.
     
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  4. Yusuf

    Yusuf GUARDIAN Administrator

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    We are not having any surplus energy ourselves to export to Pak.
     
  5. farhan_9909

    farhan_9909 Tihar Jail Banned

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    when even more cheaper electricity can be brought from iran and tajikistan.

    I dont know why he's in love affair with india when he clearly know that this electricity could be later used as a tool by RAW to spread terrorism in pakistan like in the past


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    -------------Infraction handed----------------
     
  6. rock127

    rock127 Maulana Rockullah Senior Member

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    You mean you are scared that RAW would enter Paki homes through electric wires and terrorize Pakis? :lol:
     
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  7. Ray

    Ray The Chairman Defence Professionals Moderator

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    Nothing comes cheap.

    One has to understand the overall shortage of electricity.

    Nawaz Sharif is a businessman, he understands the immense loss to Pakistan if there is not enough electricity to fuel the industries, to including his own personal industries.

    He would have calculated the requirement and realised that one source alone cannot supply the same.
     
  8. Ray

    Ray The Chairman Defence Professionals Moderator

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    This goes to show that Indians are always there to help the needy.
     
  9. farhan_9909

    farhan_9909 Tihar Jail Banned

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    Tajikistan has offered upto 1000mw.
    Deal with iran is already done for 1000mw by zardari.

    GOP should put off money into PSO to have continue supply to wapda,

    Because the capacity installed is 7000mw more than the demand
     
  10. farhan_9909

    farhan_9909 Tihar Jail Banned

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    short fall in india is more than 20000mw compared to only 4500mw in pakistan.

    India is yet to see a time like pakistan had between 80's to 2005-06 when loadshedding was considered an alien word in pakistan.
     
  11. Abhijeet Dey

    Abhijeet Dey Regular Member

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    China will provide 1000 MW nuclear reactors to Pakistan.

    Any news on India's Indigenous thorium based AWHR reactor?
     
  12. SHURIDH

    SHURIDH Senior Member Senior Member

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    lost in dream land.
    Stop try to compare your failed state with us.
    We are way ahead than you.
    The gap will only incrase in future.
     
  13. sayareakd

    sayareakd Moderator Moderator

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    first fulfill domestic demand then go for export, we dont have electricity in villages and cities and they want to import our electricity. :tsk:
     
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  14. farhan_9909

    farhan_9909 Tihar Jail Banned

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    here we also have a indigenous reactor program

    Pakistan nuclear fuel complex underconstruction funded by iaea and under iaea inspection as well.
     
  15. sayareakd

    sayareakd Moderator Moderator

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    No electricity for Pakistan, let them be without power.
     
  16. farhan_9909

    farhan_9909 Tihar Jail Banned

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    thanks in advance

    this is what the common Pakistanis want
     
  17. pmaitra

    pmaitra Moderator Moderator

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    In principle, I don't mind giving electricity to Pakistan as long as they are paying for it, but the issue is, India does not have electricity surplus. It's not that we don't want to do business with Pakistan, it's just that we cannot afford to.
     
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  18. MAYURA

    MAYURA New Member

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    exactly. We simply are a power deficit nation.
     
  19. Bangalorean

    Bangalorean Stars and Ambassadors Stars and Ambassadors

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    Yes. The only way this would make any sense is if Pakis pay much more than market rate for electricity. If we can earn a handsome profit on it, only then would it be worth it.
     
  20. farhan_9909

    farhan_9909 Tihar Jail Banned

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    I am off from this thread.
    i dont want to get banned
     
  21. pmaitra

    pmaitra Moderator Moderator

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    This thread is deteriorating. May I request everyone to please keep it cordial?
     

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