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Pakistan Businessmen and Intellectuals Forum President and a former provincial minister Mian Zahid Hussain has said the energy crisis in Pakistan is result of decades of indifference and it can never be resolved overnight. "Despite serious efforts of the incumbent government, the crisis which has compromised growth will take time to settle, he said. "Dysfunctional power sector is root cause of all the problems which continue to deprive 35 percent of population of grid electricity while the 65 percent have been facing load shedding."
He said Pakistan satisfies 32 percent of energy demand through imported oil which is biggest hurdle in ample power generation and that circular debt which has reached to the tune of Rs 600 billion is enough to terrify investors. "Power transmission and distribution system has developed irreparable faults and at many places it as old as the country; thus the power sector is the worst example of the bad governance."
He also said, "Two ministries have overlapping functions damaging the weak power sector therefore it should be made subservient to a body which is public centric disregarding profits. There is no conservation plan and lack of awareness that hydel powder generation is the only sustainable way."

Copyright Business Recorder, 2015

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