Financial, fuel supply issues may cause early return of power cuts
ISLAMABAD: The power sector is likely to witness an early return of outages over the next few days owing to problems relating to financial and fuel supplies.
The problems stem from inability of the government to disburse funds to the power sector despite approvals at the highest level because of pre-audit issues in the public sector and constraints in fuel supplies to Karachi.
This comes at a time when the temperatures are projected to rise swiftly beyond 35 degrees centigrade in Punjab and even higher in Karachi by this weekend. The fresh flow of circular debt was estimated at Rs541 billion by the end of December this year, besides Rs485bn marked in Power Holding Company as debt.
Published in Dawn, 29th March, 2018