How to get out of Electricity Circular Debt?

[R2D2]

The electricity circular debt is a grindstone around the neck of Pakistani State and its poor population with each consumer being forced to pay as substantial percentage of his monthly bill to pay off the circular debt. The solution is to pass a Resolution or an Act in the Parliament for opening negotiations with the IPP’s towards ending the idle power purchase agreements with them by giving them one-time incentive to take their plants to other countries such as those in Africa, Asia or Latin America. Those that want to stay in Pakistan will not be paid while not running their plants.

 

[nahtanbob]

privatize electricity companies. if you do not pay the bills your electricity connection is cut off

is that too hard ? i know it is not easy in Pakistan

 

[Sayfullah]

privatize electricity companies. if you do not pay the bills your electricity connection is cut off

is that too hard ? i know it is not easy in Pakistan

This is a perfect example why you 2 iq pajeets shouldn’t speak on matters way above your comprehension level. Stick to shitting on the streets.

 

[R2D2]

privatize electricity companies. if you do not pay the bills your electricity connection is cut off

is that too hard ? i know it is not easy in Pakistan

This is a serious matter for the whole country. electricity circular debt to be paid to the IPP's is in billions.

 

[Azadkashmir]

you need to upgrade to computerized system that will work out each customers bill according to kilowatts used plus have ability to turn it off/on at a touch of computer button.

but this will not happen becuase those run these industry like it corrupt.

A great idea is solar panels which feed back into the grid which this electricity surplus can be sold at a cheaper rate to power hungry customers.

 

[nahtanbob]

This is a serious matter for the whole country. electricity circular debt to be paid to the IPP's is in billions.

I know this is a serious matter, if the companies were private they would not have signed those deals with the IPP. Just a thought

you need to upgrade to computerized system that will work out each customers bill according to kilowatts used plus have ability to turn it off/on at a touch of computer button.

but this will not happen becuase those run these industry like it corrupt.

A great idea is solar panels which feed back into the grid which this electricity surplus can be sold at a cheaper rate to power hungry customers.

The solar panels made in China are more valuable to Pakistanis than the J-10s, submarines, JF-17s

 

[Azadkashmir]

I know this is a serious matter, if the companies were private they would not have signed those deals with the IPP. Just a thought



The solar panels made in China are more valuable to Pakistanis than the J-10s, submarines, JF-17s

Not if the naked shitters next door are willing to invade you then it must be military protection priority.

 

[ProudThamizhan]

how? simple. Stop expecting CPEC projects to help you. They were and are only to help China
Crush Pakistan Expand China is what CPEC stands for

 

[Jango]

The only solution towards reducing circular debt is to have a free market system for energy purchase, at the true price (not subsidy), and to curtail line losses and power theft.

Nothing else.

 

[Azadkashmir]

The only solution towards reducing circular debt is to have a free market system for energy purchase, at the true price (not subsidy), and to curtail line losses and power theft.

Nothing else.

stop free electricity for politicians.

 

[Indos]

Focus on the economy, raising GDP percapita income............

This is the only solution.

When the GDP percapita is raised then the electricity bill can be raised as well. Increase the bill for the have and subsidize the have not is adopted by Indonesian gov for so long.

PLN Logs 199 Percent Net Profit Growth in Q1 of 2023​

Translator
Ricky Mohammad Nugraha
Editor
Petir Garda Bhwana

22 May 2023 13:56 WIB

TEMPO.CO, Jakarta - State-owned electricity firm PLN in Monday’s Indonesia Stock Exchange (IDX) information disclosure posted a net profit that skyrocketed 199.33 percent year on year (yoy) to Rp16.04 trillion in Q1 of 2023 compared to the previous Rp5.36 trillion in the first quarter of 2022.

PLN's net profit increase was supported by total operating revenues reaching Rp11.07 trillion in the first quarter of 2023, an increase of 19.96 percent (yoy) compared to 2022 Q1 of Rp95.92 trillion, as disclosed in the information expose’.

The company’s operating revenues were mostly contributed by sales of electricity worth Rp78.86 trillion and from compensation income which almost doubled to Rp18.51 trillion. Revenue was also contributed by the government's electricity subsidy revenue of Rp15.71 trillion, other revenues of Rp1.69 trillion, and customer connections worth Rp277.75 billion.

Those classified in “other revenues” include telecommunication services and networks worth Rp598.17 billion, coal sales worth Rp585.04 billion, maintenance services worth Rp198 billion, and transformer leases worth Rp126.46 billion.

Until the end of March 2023, the state-owned company recorded liabilities that decreased to Rp638.67 trillion, and equity was recorded to have increased to Rp1,007.92 trillion. Overall, PLN recorded assets worth Rp1,646.59 trillion (193 billion USD) in Q1 of 2023.

ANTARA
Editor's Choice: Indonesia's PLN Cooperate with IEA to Complete Energy Transition Plan
Click here to get the latest news updates from Tempo on Google News

https://en.tempo.co/read/1728447/pln-logs-199-percent-net-profit-growth-in-q1-of-2023#:~:text=TEMPO.CO%2C%20Jakarta%20-%20State,the

 

[Indos]

Focus on the economy, raising GDP percapita income............

This is the only solution.

When the GDP percapita is raised then the electricity bill can be raised as well. Increase the bill for the have and subsidize the have not is adopted by Indonesian gov for so long.

PLN Logs 199 Percent Net Profit Growth in Q1 of 2023​

Translator
Ricky Mohammad Nugraha
Editor
Petir Garda Bhwana

22 May 2023 13:56 WIB

TEMPO.CO, Jakarta - State-owned electricity firm PLN in Monday’s Indonesia Stock Exchange (IDX) information disclosure posted a net profit that skyrocketed 199.33 percent year on year (yoy) to Rp16.04 trillion in Q1 of 2023 compared to the previous Rp5.36 trillion in the first quarter of 2022.

PLN's net profit increase was supported by total operating revenues reaching Rp11.07 trillion in the first quarter of 2023, an increase of 19.96 percent (yoy) compared to 2022 Q1 of Rp95.92 trillion, as disclosed in the information expose’.

The company’s operating revenues were mostly contributed by sales of electricity worth Rp78.86 trillion and from compensation income which almost doubled to Rp18.51 trillion. Revenue was also contributed by the government's electricity subsidy revenue of Rp15.71 trillion, other revenues of Rp1.69 trillion, and customer connections worth Rp277.75 billion.

Those classified in “other revenues” include telecommunication services and networks worth Rp598.17 billion, coal sales worth Rp585.04 billion, maintenance services worth Rp198 billion, and transformer leases worth Rp126.46 billion.

Until the end of March 2023, the state-owned company recorded liabilities that decreased to Rp638.67 trillion, and equity was recorded to have increased to Rp1,007.92 trillion. Overall, PLN recorded assets worth Rp1,646.59 trillion (193 billion USD) in Q1 of 2023.

ANTARA
Editor's Choice: Indonesia's PLN Cooperate with IEA to Complete Energy Transition Plan
Click here to get the latest news updates from Tempo on Google News

https://en.tempo.co/read/1728447/pln-logs-199-percent-net-profit-growth-in-q1-of-2023#:~:text=TEMPO.CO%2C%20Jakarta%20-%20State,the

Instead of relying on China companies, why dont build the power plan by Pakistan SOE so that it can generate the industry while providing electricity infrastructure. Cut those Defense Spending. India will not dare to invade Pakistan as Pakistan has nuclear and all Muslim countries will boycot India energy supply if India try to invade Pakistan (very unlikely as it can destroy India economy)

PLN spent Rp200 trillion (13 billion USD) on local components in 2022​

23rd November 2022

Jakarta (ANTARA) - State-owned electricity firm (PLN) spent nearly Rp200 trillion out of the total budget of Rp300 trillion on local products so far this year, PLN President Director Darmawan Prasodjo stated.

"Our spending reaches Rp300 trillion per year out of which Rp200 trillion is spent on the domestic industry," he noted while opening PLN Locomation 2022 at the Jakarta Convention Center (JCC) on Wednesday.

He ensured local entrepreneurs, including suppliers of components to PLN present at the event, that recovery from the COVID-19 pandemic had begun, with demand continuing to increase.

"(During the pandemic) the suppliers of components to PLN might see their orders declining. Bismillah (in the name of Allah) Insya Allah (God Willing), the demand has begun to increase. Moreover, the increase in demand is beyond our expectation," he remarked.

PLN once faced a challenge when some of its components had not been produced domestically, and it had to import them. However, PLN always urged the government to facilitate the construction of factories producing the components.

With the operation of the factories, PLN will replace its imported components with local components, he remarked.

In addition, PLN will raise the passing grade of domestic components as part of the efforts to increase its local content rate (TKDN), he stated.

"We are looking forward to building a conducive ecosystem to collaborate and innovate," he remarked.

PLN's TKDN (local content) had reached 48.8 percent as of September 30, 2022, surpassing its target of 42 percent for this year, he pointed out.

PLN spent Rp200 trillion on local components in 2022

State-owned electricity firm (PLN) spent nearly Rp200 trillion out of the total budget of Rp300 trillion on local products so far this year, PLN President ...

en.antaranews.com

 

[nahtanbob]

Not if the naked shitters next door are willing to invade you then it must be military protection priority.

you have nukes. don't you ?

 

[Maula Jatt]

Not that hard but requires political Capital as it's a Mutli faceted issue

Privatise discos, invest in transmission lines, end subsidy

The only solution towards reducing circular debt is to have a free market system for energy purchase, at the true price (not subsidy), and to curtail line losses and power theft.

Nothing else.

Pretty much

 

[Azadkashmir]

you have nukes. don't you ?

that is last resort.