Chairman WAPDA Lt Gen Muhammad Saeed (R) visited Mohmand Dam to review construction progress at Main Dam & Power House.
"Mohmand Dam is a strategic national project to strengthen Pakistan’s water, food & energy security," he said, directing the team to ensure timely completion.
The air quality index in Lahore/Punjab nearing 2000 is a public health crisis—a death trap that’s simply unacceptable. Urgent, coordinated action is needed from authorities on both sides of the border to protect lives and curb this pollution!
#Smog
Salam,
I am sharing with the Nation the IPP data our team has evaluated on the cost of fuel, cost of capacity payments, and cost per unit paid to every IPP over the last full year. I am shocked to see this per unit data which government is paying on Nation’s behalf to the IPP for electricity capacity payment per unit and cost per unit which is causing this misery to Industrial, Commercial and Domestic consumers. Government is buying because of these IPP agreements, the highest electricity units at Rs 750 per unit from a power plant, while it is buying at an average of Rs 200 per unit from coal power plants. Above Rs 50 per unit from Wind and Solar. All below 20 percent of capacity and payment made to IPPs is Rs 1.95 Trillion and balance 160 Billion is under verification. Government is making capacity payments of Rs 140 billion to one plant at a 15 percent load factor, Rs 120 billion to another plant at a 17 percent load factor, and Rs 100 billion to a third plant at a 22 percent load factor. This totals to Rs 370 billion to just three plants. Running at 15 percent load factor all year.
All the IPP data, including the amount paid to each of them and the per unit cost to the nation from each IPP is now available. This is all due to the term "capacity payment" in the contracts, which allows plants to be highly over-invoiced, resulting in huge capacity payments to IPPs without producing electricity.
The solution is "No Capacity Payment", only payments for electricity purchases from the cheapest electricity suppliers. All IPPs should be treated as merchant plants like any other business, 52 percent are owned by the Government and 28 per percent are owned by Pakistan's Private Sector so 80 percent are owned by Pakistanis. Electricity being sold to us at Rs 60 per unit is only because of these corrupt contracts, mismanagement and incompetence. Please, all must rise against these agreements with 40 families to save your Country.
#Pakistan #ElectricityBill #IPPs
Here's my message to 🇵🇰 students explaining why the Embassy unfortunately won't be able to process high number of visa applications before the start of the academic year in #Germany.
جرمنی کے اسٹوڈنٹ ویزہ کے حوالے سے 🇵🇰 طلبا کے لئے میرا پیغام.
Here's my message to 🇵🇰 students explaining why the Embassy unfortunately won't be able to process high number of visa applications before the start of the academic year in #Germany.
جرمنی کے اسٹوڈنٹ ویزہ کے حوالے سے 🇵🇰 طلبا کے لئے میرا پیغام.