Up-gra­da­tion of power trans­mis­sion, dis­tri­bu­tion sys­tem de­manded

The Pak Banker - - NATIONAL -

The La­hore Cham­ber of Com­merce & In­dus­try has called for up-gra­da­tion of power trans­mis­sion and dis­tri­bu­tion sys­tem to get rid of the is­sues of sus­pen­sion of elec­tric­ity sup­ply.

In a state­ment is­sued here, the LCCI Pres­i­dent Sheikh Muham­mad Ar­shad, Se­nior Vice Pres­i­dent Al­mas Hy­der and Vice Pres­i­dent Nasir Saeed said that re­peated in­ci­dents of power fail­ure have re­vealed weak­ness of power trans­mis­sion and dis­tri­bu­tion sys­tem. They said that worst power fail­ures in re­cent days plunged coun­try into dark­ness and sit­u­a­tion could be fur­ther ag­gra­vated if steps on war foot­ing are not taken.

The LCCI of­fice-bear­ers said that it is a very good sign that govern­ment is well aware of the ris­ing de­mand of elec­tric­ity and work­ing on a num­ber of power projects days and nights but govern­ment should also be aware of the fact that ex­ist­ing power dis­tri­bu­tion sys­tem can­not bear the load of ad­di­tional power. They urged the govern­ment not to tol­er­ate any lax­ity to­wards the upgra­da­tion of power trans­mis­sion and dis­tri­bu­tion sys­tem as any neg­li­gence could cause un­bear­able loss to the trade, in­dus­try and econ­omy.

They also urged the govern­ment to en­sure early com­ple­tion of on­go­ing power projects as it is not a must to keep the in­dus­trial wheel mov­ing but eco­nomic growth is also link­ted with suf­fi­cient and cheap en­ergy. The LCCI of­fice-bear­ers that busi­ness com­mu­nity does not have any doubts about the se­ri­ous­ness of present regime in solv­ing the en­ergy cri­sis as it has al­ready started a num­ber of power projects but there is a dire need of their com­ple­tion in the short­est pos­si­ble time as an acute short­age of elec­tric­ity is hit­ting the eco­nomic ac­tiv­i­ties hard.

The LCCI Pres­i­dent Sheikh Muham­mad Ar­shad said that the timely com­ple­tion of hy­dropower projects was vi­tal for mit­i­gat­ing wa­ter and power short­fall. They said that due to longer hour power cuts the in­vest­ment sce­nario is be­ing spoiled in the coun­try and so much so ex­ist­ing in­dus­trial units have cur­tailed their pro­duc­tions. He said that govern­ment should ex­ploit all avail­able op­tions to stop un­sched­uled power cuts which are hit­ting the eco­nomic ac­tiv­i­ties hard. He said that pro­longed power out­ages in the in­dus­trial ar­eas are jack­ing up the graph of un­em­ploy­ment par­tic­u­larly hit­ting the daily wa­gers hard.

The LCCI pres­i­dent said that the most of in­dus­trial units had al­ready re­duced their work­ing hours. This had led to in­creased level of raw­ma­te­rial wastage and mak­ing pro­duc­tion process non-prof­itable. Now the lead­ing in­dus­trial units were ex­pe­ri­enc­ing losses de­spite be­ing man­aged pro­fes­sion­ally.

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