Aziz admits energy policy was flawed

Published
0

NEW YORK, April 5: Former prime minister Shaukat Aziz said that energy consumption in Pakistan had increased rapidly and his government could not foresee the huge demand to be created by the growing economy.

In an interview with Dawn during a visit to New York, he attributed the shortage of electricity in the country to “unprecedented huge energy demands”.

“The demand for fuel is growing rapidly which is reflected in the consumption of electricity, where contrary to estimates of seven to eight per cent the demand grew by as much as 15 per cent,” he said.

“The growth estimates we made were lower than the actual ones, creating a supply demand mismatch coupled with distribution problems and delayed implementation of electricity projects.”

He said his government had approved power projects of over 2,000MW which were under way.

“Fast track projects” of around 400MW had been installed and commissioned to meet unexpected growth and demand.

Commenting on the huge increase in the prices of flour in December, the former premier said the shortages were due to administrative inadequacies and smuggling of wheat to neighbouring countries.

“We are fortunate that wheat prices in Pakistan are lower than the world. However, there is no denying that there is a global pressure on food prices which will push up inflation and make it challenging for the low-income people who have limited income.”

Opinion

Editorial

Makkah agreement
Updated 09 Aug, 2026

Makkah agreement

IN the midst of a gruelling war between the US and Iran — currently at a stalemate — the signing of the Makkah...
Conflicting priorities
09 Aug, 2026

Conflicting priorities

THERE is a reasonable argument that the democratic process must go on regardless of prevailing conditions; that...
FIFA controversy
09 Aug, 2026

FIFA controversy

FIFA PRESIDENT Gianni Infantino is at the centre of a storm of his own making. Even after a crisis meeting in...
Danger ahead
Updated 08 Aug, 2026

Danger ahead

PAKISTAN has already paid a heavy human price this monsoon, even as another dangerous spell approaches. NDMA figures...
Israeli impunity
08 Aug, 2026

Israeli impunity

ANY hope that Hamas’s decision to disarm would lead to a breakthrough has been dashed for one simple reason:...
Flawed investigations
Updated 08 Aug, 2026

Flawed investigations

An inaccurate record of a victim’s wounds hinders the dispensation of justice. Medical examiners in such a critical area cannot cut corners.