Country facing load shedding due to gross mismanagement: PM

Government of PakistanCountry facing load shedding due to gross mismanagement: PM

ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif has said that the Country is facing load shedding due to the gross mismanagement and incompetence of the previous government, expressing the commitment to address the situation at the earliest.

Speaking in the National Assembly on Saturday, the prime minister said that he has held several meetings with the Ministries of Petroleum, Power and the Finance in the last few days and the situation is that the Country has the capacity to generate 35,000 megawatt of electricity.

   

Shahbaz Sharif added that this is sufficient to meet our power requirements. He however regretted that the power plants are closed due to shortage of gas.

The prime minister pointed out that the previous government did not purchase the gas when it was available at the rate of US$ 3 to US$ 4 per unit. He said that today the gas price has reached US$ 30 to US$ 35 per unit.

Shahbaz Sharif recalled that the last government of Pakistan Muslim League-Nawaz (PML-N) had signed a gas import agreement with Qatar at a discounted rate, on which the previous government of Pakistan Tehreek-e-Insaf (PTI) used to raise fingers.

The prime minister said that he visited the Rawal Chowk flyover project this morning which had to be completed in 24 months at a cost of Rs 1 billion. He said that we completed several such projects in Punjab in a matter of 72 to 82 days.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Speakers demand informed policy endeavours to facilitate elderly population of Pakistan

0
ISLAMABAD, Pakistan: The HelpAge International has organized stakeholder dialogue on World Health Day to mull over suggestions to improve and guide policy endeavours to...

Interbank Dollar Rate Today in Pakistan – 24 April 2024

0
Interbank Exchange Rates in Pakistan The Interbank Closing Exchange Rate in Pakistan has been issued by the State Bank of Pakistan (SBP) for April 24,...

Ambassador Suljuk Mustansar Tarar visits Netherlands’ DRU Industrial Park to explore avenues for cooperation

0
Pakistan’s Ambassador to the Netherlands Suljuk Mustansar Tarar on Wednesday visited the DRU Industrial Park in Ulft town and had a productive meeting with...

IPC delegation meets Law Minister

0
ISLAMABAD, Pakistan: A delegation from the International Parliamentarians Congress (IPC) met with the Federal Minister for Law and Justice Azam Nazeer Tarar in Islamabad...

PM Shahbaz leaves for day-long visit to Karachi

0
ISLAMABAD, Pakistan: Prime Minister Shahbaz Sharif on Wednesday left for Karachi to embark on his first visit to the metropolis after assuming the Office...
Advertisement