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PM chairs high level meeting to review energy crisis

ISLAMABAD: Prime Minister Nawaz Sharif chaired a high level meeting on Monday to review the current energy crisis, including supply of electricity and furnace oil as well the terms of provision of 650MW to K-Electric.

The meeting that also reviewed the power situation following the massive breakdown over the weekend, was attended by senior officials including Federal Finance Minister Ishaq Dar

By GEO URDU
January 26, 2015
ISLAMABAD: Prime Minister Nawaz Sharif chaired a high level meeting on Monday to review the current energy crisis, including supply of electricity and furnace oil as well the terms of provision of 650MW to K-Electric.

The meeting that also reviewed the power situation following the massive breakdown over the weekend, was attended by senior officials including Federal Finance Minister Ishaq Dar and Federal Minister for Water and Power Khawaja Asif.

The PM said that measures should be taken to reduce load-shedding throughout the country. He further said that the government has launched several new power projects that would help overcome the prevailing crisis.

Earlier, the Ministry of Water and Power had directed the National Power Control Centre (NPCC) not to suspend electricity supply to K-Electric following the power distributor’s 5-year agreement for 650 MW supply that expired on January 25.

Along with the directive, the Ministry told the NPCC to wait four-five days for a decision in this regard.

According to sources, the matter of supply to K-Electric could be brought before the Council of Common Interest (CCI) and the Ministry of Water and Power could come up with new conditions for a fresh agreement with K-Electric.

It may be proposed in the new terms and conditions that the power supply be brought down from 650 MW to 300 MW to K-Electric.