Thursday, March 27, 2014

No End to load shedding till 2018, according to NEPRA. Best time to invest in Solar and Renewable Energy


ISLAMABAD: Load-shedding in the country will not end till 2017, a Nepra report reveals raising doubts about claims of the Nawaz administration that there will be no power outages by end of that year.

The 2013 report also disclosed that the country would not get rid of power outages even in 2018.The report says that the country will face electricity deficit of 3905 MW in 2017 and 1831 MW. The report claims that in 2017, the electricity production will stands at 21,616 MW whereas the demand will hover at 25521 MW and in 2018, the electricity generation will increase to 24924 MW while the demand of electricity in the country will stand at 26755 MW.

All the said data has been acquired from official document, says Nepra’s report.

“The whopping raise in tariff has led to the increase in electricity theft and less recovery of electricity bills,” the report also reveals. The domestic tariff in the country has swelled to the domestic tariff of the developed countries despite the fact the per capita income is too low if compared with the per capita income of the masses of the developed world.


The report has declared Pakistan Electric Power Company (Pepco) as the main stumbling bloc in the way of power sector reforms and its restructuring.Nepra also highlighted in the report the wrong decisions in the power sector saying that giving the powers to CPPA (Central Power Purchase Agency) for purchasing the electricity from Gencos, IPPs, nuclear power plants and captive power plants is tantamount to the negation of competitive regime.
(The news)

In broader perspective to analyze this report, it is one of the best time to invest in the solar  and other Renewable Energy in Pakistan especially in the commercial and industrial sectors because of the unit price of electricity, load shedding and quick payback.

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