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The industry, investment and privatisation subcommittee of Karachi Chamber of Commerce and Industry (KCCI) has suggested that the government should take some concrete steps to omit Karachi Elector Supply Company (KESC) hidden calculations in energy tariff.
According to its report, Dr Qazi Ahmed Kamal said that total energy production comprises 80 percent on gas based and 20 percent on furnace oil based, but when the price of furnace oil increases it dramatically affects per unit price, which is unjustified. KESC charges fuel adjustment surcharge, but in case of supplying electricity through hydel power, no surcharge is to be imposed.
He noted that energy requirement of KESC is 2100 MW to 2200MW and only 200MW is stolen which is not even equal to the 10 percent of total power supply by KESC But KESC claims 35 percent, which is a wrong indication. Mehmood Hamid noted that refining process of diesel is smaller then petrol. A few years back, diesel was Rs 15 cheaper than petrol. Now both are being sold with a nominal difference.
In the report, Shamsul Islam Khan suggested that "if we manage our wastages, we would generate 9 giga watts electricity through biomass alternative energy". In Chins they have waste recycling plants to produce byproducts through utilising the waste energy. It is emphasised that KCCI should approach the government to promote research and development.

Copyright Business Recorder, 2011

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