| GEO Business|
| PSO asked to give 2k tons of furnace oil to KESC daily|
| Updated at: 1017 PST, Saturday, March 20, 2010|
ISLAMABAD: A meeting of the Cabinet Committee on Energy Crisis (CCEC) was held here Friday under the chairmanship of Minister for Water and Power Raja Pervaiz Ashraf to discuss the current power situation and related matters in the country.
Ashraf said the government was taking all possible measures to reduce the gap between demand and supply.
He said that new IPPs (Independent Power Plants) and rental power plants would add to generation which would help bring down the duration of load-shedding in peak summer.
The meeting was of the view that load-shedding would come down after increase in the water flows into the dams that would result in additional hydropower generation. At present, hydropower generation was at its lowest.
The committee asked the PSO to enhance the KESC’s credit line for supply of 2,000 tons furnace oil on a daily basis. The CCEC also asked the PSO to continue regular fuel supply to IPPs and GENCOs.
The KESC was asked to ensure maximum power generation to curtail load-shedding.
The KESC managing director informed the meeting that there was no load-shedding for the industrial sector in Karachi.
The PEPCO managing director briefed the committee in detail on the current power situation and said that due to remedial measures additional power would be injected into the national grid by peak summer after complete rehabilitation of some of the existing thermal power units besides commissioning of some IPPs.
The CCEC reviewed the demand and supply situation of electricity as well as oil and gas position for power generation.
The committee was of the view that the power situation would improve by mid- April as a result of measures being taken by the government and also because anticipated increase in hydropower generation.
Earlier, the PSOP managing director informed the meeting that oil supply to the power units would further improve as adequate oil supplies had already been procured and the supply line had considerably improved.
A number of financial measures were also decided to maintain adequate oil and gas supplies to this sector.
The meeting was attended by Federal Minister for Information and Broadcasting Qamar Zaman Kaira,, Secretary Water and Power Shahid Rafi, Adviser Water and Power Riaz Ahmed Khan, Secretary Finance Salman Siddique, the additional secretary ministry of petroleum, the additional secretary ministry of water and power, PEPCO MD, PSO MD, KESCMD and other senior officials of the ministry of water and power, PEPCO and the SNGPL.