fatman17
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Game over
Friday, January 08, 2010
Power generation is approaching a crisis again and this time it has the potential to be truly catastrophic rather than merely an unconscionable burden. National fuel reserves the fuel that is used to power thermal generators have dropped to twelve days.
Pakistan State Oil is unable to import the oil that we desperately need because it cannot afford to pay for it. Two ships are already loaded and waiting to bring the oil to us but until their cargo is paid for they will not leave port. The PSO general manager was perhaps understandably reticent when asked about this matter but grudgingly admitted that the ships had been delayed and that any further comment on the oil reserves and how long they would last if not replenished was 'not in the interest of the country.'
Not in the interests of the country? It most certainly is in the interests of the country because if this little wrinkle is not ironed out soon, we could be facing not just loadshedding but a national power shutdown for all but essential services an eventuality that is now measurably imminent. It is not known where the ships carrying the oil are at present, but even if their cargo is paid for today and they can leave on the next tide they will take days to get here and unload; and we are running out of days. The underlying cause of the lack of liquidity at PSO is the eternal problem of circular debt they can't pay for the oil because they are not themselves paid what they are owed. Into the equation has to be added the fact that hydro power generation is very low at 517MW -- understandable as the water level has decreased in both Tarbela and Mangla dams and canals are closed for cleaning and are likely to remain so for another month. Further pain is brought by the weather the winter rains have failed this year, down 96 per cent in Punjab alone and the stage is set for a collision of problems that have the capacity to literally bring the country to its knees. In all of this there is an irony we are producing 7,486MW electricity against an installed capacity of 20,231MW. Power generation has fallen to just above one-third of the generation capacity and is set to fall further in coming days. This time, it really could be 'game over'.
Friday, January 08, 2010
Power generation is approaching a crisis again and this time it has the potential to be truly catastrophic rather than merely an unconscionable burden. National fuel reserves the fuel that is used to power thermal generators have dropped to twelve days.
Pakistan State Oil is unable to import the oil that we desperately need because it cannot afford to pay for it. Two ships are already loaded and waiting to bring the oil to us but until their cargo is paid for they will not leave port. The PSO general manager was perhaps understandably reticent when asked about this matter but grudgingly admitted that the ships had been delayed and that any further comment on the oil reserves and how long they would last if not replenished was 'not in the interest of the country.'
Not in the interests of the country? It most certainly is in the interests of the country because if this little wrinkle is not ironed out soon, we could be facing not just loadshedding but a national power shutdown for all but essential services an eventuality that is now measurably imminent. It is not known where the ships carrying the oil are at present, but even if their cargo is paid for today and they can leave on the next tide they will take days to get here and unload; and we are running out of days. The underlying cause of the lack of liquidity at PSO is the eternal problem of circular debt they can't pay for the oil because they are not themselves paid what they are owed. Into the equation has to be added the fact that hydro power generation is very low at 517MW -- understandable as the water level has decreased in both Tarbela and Mangla dams and canals are closed for cleaning and are likely to remain so for another month. Further pain is brought by the weather the winter rains have failed this year, down 96 per cent in Punjab alone and the stage is set for a collision of problems that have the capacity to literally bring the country to its knees. In all of this there is an irony we are producing 7,486MW electricity against an installed capacity of 20,231MW. Power generation has fallen to just above one-third of the generation capacity and is set to fall further in coming days. This time, it really could be 'game over'.