It hardly needs to be emphasized that electricity is the
lifeline of national economy and the people at large.
Today, Pakistan is facing acute energy shortage, which is
causing tremendous pressure on our economy and society. The
Water & Coal resources are abundantly available across the
country. Apart from other available resources, hydro resources
alone can generate over 60,000 MW electricity which is not only
cheaper but also reliable and environment friendly, while 175
billion tons of Thar coal
reserves are enough to fuel power plants with 100,000 MW of
capacity for over 100 years.
Due to previous governments'
negligence, many sectors are suffering badly,
power sector being one of them.
Resultantly, the nation is facing shortage of more than 6,000 MW
and unbearable power cuts.
The focus of our government has always been on the upheaval of
the economy by initiating various development projects.
Unfortunately we are now inheriting the worst ever power crisis
witnessed in Pakistan.
Almighty has again given us a chance to serve for betterment of
the people of Pakistan and to pull them out of this situation,
being a high challenging task. We have already chalked out a
comprehensive strategy comprising short, medium and long term
This will require effective and sustainable solutions which must
be undertaken in a coordinated manner; not just plan to fill the
gap of over 6000 MW that exists presently, but plan for the
increased demand that growing population and the development of
economy will generate. However, besides state's
responsibility to arrange additional megawatts, as a nation,
we also need to adopt energy conservation means to contribute
towards minimizing un-necessary use of electricity.
We are aware of the fact
that like any other infrastructure, the development of power
infrastructure requires massive investments. However, due to the
limited means in the public sector, it is necessary to mobilize
private sector resources. The private sector investors will come
only if they get reasonable return on their investment, plus an
investor friendly environment. We realize the importance and
value of vision for developing the electricity industry in a
planned, phased and sustained manner towards clear-cut goals,
and our government is committed to facilitate overseas as well
as local investors and are working on improved power policies to
attract investment in this vital sector.