Prime Minister Shehbaz Sharif has said that there is mismanagement and corruption in electricity distribution companies, discos will be privatized by improving their performance.
Officials of electricity distribution companies met the Prime Minister in Islamabad. Speaking on this occasion, Shahbaz Sharif said that the performance of the discos has not been right for a long time, there is mismanagement and corruption in the electricity distribution companies. Will do with
He said that the electricity system of the country is facing a big challenge, the improvement of the electricity system will stabilize the economy. Discos will be privatized by improving their performance.
He further said that 500 billion rupees worth of electricity is stolen annually in the country, there are very competent and hardworking officers in the discos who have left no stone unturned to destroy the discos.
Getting rid of 77 years of ailments, revitalization of power sector and FBR are priorities, Prime Minister
Shahbaz Sharif said that they are working on fundamental changes in the system to prevent manipulation of bills, you have fulfilled your responsibilities honestly.
Quito, Aug 11 (EFE).- Ecuador has contracted an additional 91 MW to address the energy crisis and mitigate the impact of the upcoming drought, the Andean country’s Energy Minister, Antonio Gonçalves, reported on Sunday.
On his social media account X, the minister reported that they awarded and signed an additional contract for 91 MW of thermal energy to be installed in Esmeraldas.
“With this, we have a total of 341 MW in emergency contracts to deal with the energy crisis and mitigate the impact of the upcoming drought,” he recalled, referring to the contracting of 250 MW made at the beginning of the month.
“We have awarded and signed the contracts for additional energy to be installed in Quevedo, Salitral and the leasing of floating generation in Las Esclusas, which add up to a total of 250 MW to deal with the energy crisis and the upcoming drought,” he said on August 6 on the aforementioned social network.
The processes have been carried out in compliance with the Ministerial Agreement of April 16, which declared a state of emergency in the electricity sector and issued provisions that allow for the acquisition and additional generation of energy.
Last month, the process of leasing a floating power plant began, which will soon arrive to address the country’s energy crisis and avoid new periods of blackouts and electricity rationing such as those experienced at the end of 2023 and in April of this year.
Last month, Gonçalves said that the rental contract for the floating power plant was awarded to the Turkish company Karpower, for a period of 18 months in exchange for 115 million dollars.
The official said the ship is expected to be able to supply energy to Ecuador starting this August, with a capacity of approximately 110 megawatts.
At the end of 2023 and in mid-April, two periods of drought exposed the problems of the national electricity sector, which is highly dependent on hydroelectric energy and supplies from Colombia, causing scheduled blackouts and electricity rationing lasting up to 13 hours in some parts of the country.
Ecuadorian President Daniel Noboa declared a state of emergency in April due to public calamity.
It is estimated that every hour of power rationing causes losses of around 12 million dollars in the country.
#Ecuador #hires #additional #address #energy #crisis
2024-08-12 13:03:12
A Czech tourist in the Zimbabwean city of Masvingo filmed a video in which he described and captured the poor economic situation in Zimbabwe. Police officers who were responding to a traffic accident nearby overheard the man’s comments and arrested him for spreading falsehoods. News24 and Zimlive reported about it, according to which the person in question faces up to 20 years in prison. Czech diplomacy confirmed to ČTK today that it knows about the case and that it is dealing with it.
The judge rejected the request to release the detainee on bail because he said it was likely that he would flee the country due to the permeability of the border, Zimbabwean website Zimlive wrote. According to the judge, Čech committed a serious crime; at the same time, the court reclassified the accusation of spreading falsehoods as spreading falsehoods with the intention of inciting the public. Čech’s lawyer claims that his client was charged under a law that has been repealed. During the court hearing, according to the media, the power went out in the courthouse, causing laughter in the public gallery, and the lawyer said that power and water cuts are a reality in Masvingo.
“We can confirm that a Czech citizen was taken into custody in Zimbabwe. His case is being handled by the embassy in neighboring Zambia, which asked the Zimbabwean Ministry of Foreign Affairs about the details of the case in a note,” Mariana Wernerová, spokeswoman for the Černín Palace, told ČTK today. At the same time, she stated that the Czech diplomat will go to Zimbabwe next week to visit the person in question and to participate in the main trial. This is to be held on August 16. According to the South African website News24, the tourist started a hunger strike last weekend and demanded a meeting with representatives of the Czech Republic.
In July, Zimbabwean police jailed more than 80 citizens, including political activists. Another 44 student activists ended up in jail last month for allegedly holding illegal assemblies. The embassies of Western countries in Harare criticized such arrests. The Heads of Mission of European Union countries called on local authorities to respect fundamental freedoms in line with Zimbabwe’s constitution and international human rights obligations,” News24 wrote.
This year, Zimbabwe is the host country for the Southern African Development Community (SADC) summit, scheduled for August 17. South Africa’s ruling Democratic Alliance party last week suggested the summit be held elsewhere because of human rights abuses in Zimbabwe.
The government has decided to close the expensive power plants to reduce the cost of electricity. While MQM leader Mustafa Kamal has met Federal Minister for Power Owais Leghari in Islamabad regarding IPPs agreements. Mustafa Kamal says that the country’s economy has stopped due to capacity payments.
According to the statement of the Power Division, the MQM delegation met Federal Minister for Power Sardar Owais Ahmed Khan Laghari, in which a detailed discussion was held on the power problems of Karachi.
According to the declaration, the members of the delegation were briefed on the ongoing reforms in the power sector and were told that the federal government is working on an emergency basis to solve the power problems. Expensive power plants will be retired and imported coal-fired plants will be shifted to local coal to bring down electricity costs.
The country’s economy has stopped due to capacity payments, Mustafa Kamal
After meeting Federal Minister for Power Owais Leghari in Islamabad, MQM leader Mustafa Kamal while talking to the media said that the biggest problem of all the problems is electricity, both rich and poor are worried about this problem, 18 in Karachi. , 18 hours of loadshedding is taking place.
He said that a new series of taxes has started after the budget, indicating that the capacity payments agreements are bulldozing the economy, the economy will not be able to give us 13 thousand billion rupees, the largest capacity payments to the economy. The country’s economy has stopped due to these agreements.
He said that if the dollar increases, the capacity payments automatically increase, government IPPs and local IPPs can be understood that your profit will decrease and the country will be saved.
#Governments #decision #expensive #power #plants #reduce #price #electricity #Business #Economy
2024-08-05 17:47:57