Haste makes waste. The present government has lent quite some credence to the age-old proverb in its different initiatives especially when it comes to the power sector. Billions of rupees have gone down the drain in trying to execute projects without the necessary planning and pre-requisites being checked off first.

The latest victims in the power sector seem to be the three R-LNG power plants set up by the Punjab government under an IPP mode. According to November’s power generation data the load factor of these plants declined to almost 3 percent in the cases of the Balloki and Haveli Bahadur Shah power plants!

Published in Business Recorder, 9th January, 2018

https://epaper.brecorder.com/2018/01/09/2-page/692734-news.html