“What does ‘LOL’ stand for in Pakistan?
‘Lots-of-Loadshedding’.”
[Introduction]
Pakistan is energy-deficient. How can one imagine an active and prosperous human being short on blood? Life is hard without sufficient blood running up and down the veins, pumped by the heart round the clock. Pakistan has failed to contain its energy crisis; failing to increase supply proportionately and conserving demand. In 1980s, it met 86% of its demand; come 2000s, situation is getting worse. Explosion in the supply of natural gas gave the nation a breather, sharing burden of electricity and oil, only to make future insecure as gas reserves deplete at fast rate. Fire-fighting on the part of government becomes national strategy, instead of proactive, long-term planning. This has contributed to circular debt problem because of short-sightedness of political government. Let alone increase the supply of energy, situation has worsened due to poor management, operational inefficiencies, power theft, and line losses. This largely sums up the problems country faces in its battle to restore sanity in energy sector, which is now nudging the economy towards disaster, warns latest report of Asian Development Bank.
[Energy sector in Pakistan]
Energy sector of Pakistan is considered to be under-developed. The root problem is energy generation which never took place proportionately with the rising demand and positive economic growth. The songs of ‘all is well’ were sung by the planners, and now we are in a quagmire where no short-term solution can work. Apart from this energy generation failure, government did little to contain the demand which seems to have exploded out of proportion in past two decades; operational inefficiencies and line losses are costing government billions; power theft; and on the top of that, the cheapest source of electricity, namely, hydropower, suffers from seasonal oscillations between 2,414 and 6,761 megawatts, depending on