nitetrogen70
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- Joined
- Dec 31, 2008
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Just called Pakistan and heard the horror stories of ordinary people yearning for electricity. Businesses are shutting down, people are getting unemployed because businesses are not running, patients are not getting treated in hospitals, no computers working in schools, crime rate is going up due to darkness and the ode goes on and on.
Here is the other side of the picture, all the privatized electric generation companies in Pakistan like KESC, MESCO (Multan Electric Supply), REPCO (Rawalpindi Electric Supply) etc. etc..... have stopped electric generation completely. The reason:
In a typical thermal power generation company, no matter how efficient they are; generally make 8% - 10% profit before tax just like utility companies in West but Zardari & Company in Pakistan are demanding 15% - 20% commission / kickbacks from these private electricity generation companies on their gross revenue, so no matter how efficient these companies might become operationally, the money is simply not there for that level of kickbacks. Since the businesses are by nature supposed to make profit, in the abscence of porfit opportunities, nobody will work.
Will there be an end to the miseries of ordinary Pakistanis??
i just got this from a another four and my question is the same as everone else when will the power crisis be finally over and what steps are the goverment taking to fix these proablem
Here is the other side of the picture, all the privatized electric generation companies in Pakistan like KESC, MESCO (Multan Electric Supply), REPCO (Rawalpindi Electric Supply) etc. etc..... have stopped electric generation completely. The reason:
In a typical thermal power generation company, no matter how efficient they are; generally make 8% - 10% profit before tax just like utility companies in West but Zardari & Company in Pakistan are demanding 15% - 20% commission / kickbacks from these private electricity generation companies on their gross revenue, so no matter how efficient these companies might become operationally, the money is simply not there for that level of kickbacks. Since the businesses are by nature supposed to make profit, in the abscence of porfit opportunities, nobody will work.
Will there be an end to the miseries of ordinary Pakistanis??
i just got this from a another four and my question is the same as everone else when will the power crisis be finally over and what steps are the goverment taking to fix these proablem