Electricity agreements reached during Nawaz Sharif's tenure became shackles around Pakistan's neck, says Kamran Khan

[newb3e]

Ok Anjum Chaudhary

You know exactly what you were doing, go to Afghanistan already no one needs your kind in Pakistan, or in the west or literally where ever you live just move out and go to Afghanistan

leather aint tasty bro!

 

[Norwegian]

Imran Khan most cursed person in the history Pakistan.

Fake news

 

[CriticalThought]

World average is 6-8% regional average is 12%(vs 18-20% chinese ROI)

Can you provide a reference for that?

 

[Tomcats]

Yes it was IK fault to fix wheat at 1200 rs for 5 years between 2012-2018 that caused progressive decline from 2016-2019

IK forced nawaz sharif in 2016 to do so

I am not saying that, NS was undeniably one of the worst things to happen... But how come PTI hasnt done any action to reverse it in this case then? If they did then nice but if they didn't it just reinforces the level of incompetence. All i want is to understand what went wrong here?

 

[ziaulislam]

I am not saying that, NS was undeniably one of the worst things to happen... But how come PTI hasnt done any action to reverse it in this case then? If they did then nice but if they didn't it just reinforces the level of incompetence. All i want is to understand what went wrong here?

You are locked in deals..there is no way out (unless president xia wants it ofcourse) but manage it till your cheaper hydro plants and solar dilutes the cost

The other way is to rengotiate older deals(signed in 2004 or earlier) that are expiring in 2024.

Third is increase consumption/growth so capacity payment dont go up(idol)

Where has PTI missed is inability to gather enough reveneues/taxation as there was fear of instability and inability to curb enough line loses(only marginal improvement)

But losses have been going down progressively in power sector

Can you provide a reference for that?

Google it..this is straight forward data

 

[mudas777]

Bhai you need to read brecorder more, 50% is revenue 50% is capacity payment, in such a scenario one should decrease price to promote usage and by extension economic activity. Increase price is what IMF wants us to do to kill us.

How you intend to pay back the capacity payment if the prices are not reflected on the production cost, it has to come from somewhere. Where this economic activity is going to spring into action when even few industries we have got steal the electricity and don't pay the bills.
No wonder West was pointing it to us why these agreements are so secret and we all along were thinking that West is jealous and its part of the Chinese containment propaganda. Now million dollar question is, are Chinese are going to go on the Sri Lankan route with us or let it go our mistakes and show some flexibility. Chinese i think will be foolish to take the tough line with us as over 70 years of blooming friendship can't be ruined by few billions $'s of wrong business agreements even its our mistake.

As far as Nawaz and Zardri's are concerned these families need to be death with once for all without giving any consideration or iota of their human rights. Our establishment manipulations in politics need to be brought to an end as they are party to every ill in this country. I have got full respect for the institution and the soldiers/officers but our top brass really have got a lot to answer for how they let Nawaz go and the list is endless. Over 220 million population, don't have we got any leaders who can lead this nation to the destiny our nation deserves or its just unchecked blundering and corruption until we are going to find ourselves in a ditch.

 

[ziaulislam]

Regard less like always nawaz sharif will be back in 2023
He is not a quiter..

How you intend to pay back the capacity payment if the prices are not reflected on the production cost, it has to come from somewhere. Where this economic activity is going to spring into action when even few industries we have got steal the electricity and don't pay the bills.
No wonder West was pointing it to us why these agreements are so secret and we all along were thinking that West is jealous and its part of the Chinese containment propaganda. Now million dollar question is, are Chinese are going to go on the Sri Lankan route with us or let it go our mistakes and show some flexibility. Chinese i think will be foolish to take the tough line with us as over 70 years of blooming friendship can't be ruined by few billions $'s of wrong business agreements even its our mistake.

As far as Nawaz and Zardri's are concerned these families need to be death with once for all without giving any consideration or iota of their human rights. Our establishment manipulations in politics need to be brought to an end as they are party to every ill in this country. I have got full respect for the institution and the soldiers/officers but our top brass really have got a lot to answer for how they let Nawaz go and the list is endless. Over 220 million population, don't have we got any leaders who can lead this nation to the destiny our nation deserves or its just unchecked blundering and corruption until we are going to find ourselves in a ditch.

Lol
They will be back
Majority of educated people love them
Liberals love zardari
Vs middle class love nawaz sharif and cheap imports

 

[Desprado]

Regard less like always nawaz sharif will be back in 2023
He is not a quiter..

Lol
They will be back
Majority of educated people love them
Liberals love zardari
Vs middle class love nawaz sharif and cheap imports

Yes most likely, which is bad for Pakistan but simply of PTI it self and it's fake promise and they super hyped them self and under deilvered even 1 promise they did not fulfill.

 

[Riz]

Everything came on Imran Khan. Imran Khan most cursed person in the history Pakistan.

Whatever he touches becomes turd and biggest example is PKR, PSX and Pakistan cricket board.

Wana bet? They will not until Imran Khan is PM.

You take my screenshot and post make a desktop pic of your computer.

Shuddup patwari

 

[mudas777]

PMLN did not see the projects and was amazingly to fast and PTI delayed CPEC from the start of the year, which impact FDI, investments, projects and secondary investment.

He delayed it as he wanted to renegotiate the agreements which were in the pipe line as that can be renegotiated if the project is not put into motion yet. Do you want to sign agreements again on the capacity payment basis or with 20% profit basis????

 

[ziaulislam]

Remeber despite being very costly(eg coal at 7 cents)
The CPEC plants are still cheaper then furnace oil based plants we were paying to get power from..

So what changed..

Its the mix

Even though 2002 furnace oil plants are expensive they were only 20-30% of power..the new CPEC plants will push the hydro-thermal mix to extremes ..we are noe buying 26k mw up from 16kmw..bad news is all IPP hydros(apart from KPK board ones) are also expensive(at 7-8 cents)

So what we need to do is ride it till 2025 and not renew any of old deals(this will hurt big pakistani conaglomarates like hubco)..close all GENCOs immediately..and increase revenues so we can subsidize power sector..

And pray xia helps us out(backup plan)

He delayed it as he wanted to renegotiate the agreements which were in the pipe line as that can be renegotiated if the project is not put into motion yet. Do you want to sign agreements again on the capacity payment basis or with 20% profit basis????

Reverse patwari logic
20% is bad but lets do it
CAD is bad in PTI govt but good in PMLN govt

Yes most likely, which is bad for Pakistan but simply of PTI it self and it's fake promise and they super hyped them self and under deilvered even 1 promise they did not fulfill.

Its good for me
I get paid in $$$ not rupees
More nawaj good for overseas pakistanis
I dont feel sorry because pakistanis deserve it
Jaysa log wasey raja
While vietnam bengladesh worked hard and earned their development ..pakistanis are looking for shortcuts

 

[mudas777]

China Massage for PTI youth and media team.

https://twitter.com/x/status/1441339699340058624

https://twitter.com/x/status/1441340228527017991

https://twitter.com/x/status/1441340829495218180

@Norwegian seems like even China annoyed by PTI statements and speech.

Bro China i have got upmost respect for you guys and thank you from bottom of my heart for the past support but having said that brothers' don't rip off another naïve brother that's the bottom line is. Even the agreements signed so far have got our signatures on those papers and we are not disputing that but at that time the interest rates were 6% internationally how Chinese companies managed to get 20% guaranteed profit assurance.
I think it will be not only ours but Chinese interest's too that before this thing blows up and mess flies all over and then we all be collecting the debris need to be resolved amicably. It will be sensible that Chinese negotiating team returns on the urgent basis and do make some sensible decisions which may not be favouring Chinese commercially but this have to be done on the political level. Cat is out of the bag and before long this will be best own goal China scored on the international level and West will sing this song decades to come. Both countries are used to doing things behind the closed doors so lets keep and resolve it behind the closed doors. Still Chinese companies will make profit but scale have to be in a single digit and less then 8% even at best of times and this is more reasonable for both of us and right for both parties. Insisting on being right is one thing but our relations are more important then who is right or wrong and invoking the media cell is not the right way.

 

[ziaulislam]

Bro China i have got upmost respect for you guys and thank you from bottom of my heart for the past support but having said that brothers' don't rip off another naïve brother that's the bottom line is. Even the agreements signed so far have got our signatures on those papers and we are not disputing that but at that time the interest rates were 6% internationally how Chinese companies managed to get 20% guaranteed profit assurance.
I think it will be not only ours but Chinese interest's too that before this thing blows up and mess flies all over and then we all be collecting the debris need to be resolved amicably. It will be sensible that Chinese negotiating team returns on the urgent basis and do make some sensible decisions which may not be favouring Chinese commercially but this have to be done on the political level. Cat is out of the bag and before long this will be best own goal China scored on the international level and West will sing this song decades to come. Both countries are used to doing things behind the closed doors so lets keep and resolve it behind the closed doors. Still Chinese companies will make profit but scale have to be in a single digit and less then 8% even at best of times and this is more reasonable for both of us and right for both parties. Insisting on being right is one thing but our relations are more important then who is right or wrong and invoking the media cell is not the right way.

Honestly a regional average 12-15% will be good
Secondly its not only ROI but how ROI was calculated especially in hydro plants where some local loans were taken but ROI still granteed in dollars

Why didnt we do competitive bidding??
PMLN said it will save time..well go figure

 

[Desprado]

He delayed it as he wanted to renegotiate the agreements which were in the pipe line as that can be renegotiated if the project is not put into motion yet. Do you want to sign agreements again on the capacity payment basis or with 20% profit basis????

PTI wanted to audit, which backfired and PM had to go China to say sorry to China in February 2019.

 

[TheDarkKnight]

Shukriya Nawaz Sharif