'12,000 MW Power Added in System, 20,000 MW More in the Offing'
Advisor to Prime Minister on Finance Dr Miftah Ismail Friday said the present government had added around 12,000 MW additional electricity in the national grid, which would be fully utilized in June.
Besides, arrangements have been made to add 20,000 more electricity in next two to three years in the system, which would end the load-shedding forever, he said while addressing a news conference along with Minister for Planning, Development and Reforms Professor Ahsan Iqbal and Minister of State for Finance Rana Muhammad Afzal Khan in capital Islamabad.
From 1947 to 2013, he said, the country’s total installed power capacity was 21,000 MW and electricity production 15,000 MW, causing 18 to 20 hours a day load-shedding.
He said the government had initiated unprecedented power generation projects, which are yielding required results.
Earlier, electricity consumers were enduring frequent blackouts that disrupted business activity and routine life, shaving around 2% off the country’s annual economic growth, according to reports.
Electricity Production in Pakistan averaged 7749 Gigawatt-hour from 2003 until 2017, reaching an all time high of 12328 Gigawatt-hour in July of 2016 and a record low of 4195 Gigawatt-hour in December of 2010, report Trading Economics.
Overseas Pakistanis Remit 13% More in Last 5 Months
ISLAMABAD (Dec 10, 2018) — Overseas Pakistanis remitted US$ 9.03 billion in the first fiveRead More
Japan Seeking 345,000 Foreign Workers to Ease Labor Shortage
Construction workers are particularly in demand as Japan rushes to finish building venues and otherRead More