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Have Pakistan's Energy Reforms Actually Worked In The Past Two Years?
Two and a half years into its five-year term, what has the government actually done to Pakistan’s power sector? In this special episode of PowerPlay, we review the midterm record across five areas: circular debt, solar, distribution losses, tariffs and market reforms. We trace what has actually changed: circular debt falling to Rs 1,675 billion, IPP contracts renegotiated, old power plants sold off, net metering replaced by net billing, independent boards and smart meters at the DISCOs, the national average tariff down 20%, and a competitive electricity market on the way. Along the way we ask what these reforms really fixed and what was only refinanced or moved onto someone else’s bill.
Timestamps:
00:00 Intro
01:27 Circular Debt
05:57 Integrating Solar Panels
10:14 Transmission and Distribution Losses
12:47 Impact on Tariffs
14:38 The Future
Two and a half years into its five-year term, what has the government actually done to Pakistan’s power sector? In this special episode of PowerPlay, we review the midterm record across five areas: circular debt, solar, distribution losses, tariffs and market reforms. We trace what has actually changed: circular debt falling to Rs 1,675 billion, IPP contracts renegotiated, old power plants sold off, net metering replaced by net billing, independent boards and smart meters at the DISCOs, the national average tariff down 20%, and a competitive electricity market on the way. Along the way we ask what these reforms really fixed and what was only refinanced or moved onto someone else’s bill.
Timestamps:
00:00 Intro
01:27 Circular Debt
05:57 Integrating Solar Panels
10:14 Transmission and Distribution Losses
12:47 Impact on Tariffs
14:38 The Future
