No power loadshedding will be carried out on eighty percent feeders across the country during the holy month of Ramadan as a result of improvement brought in the transmission system.
This was informed to a high level meeting chaired by Prime Minister Imran Khan on energy reforms in Islamabad today.
The meeting was informed that a load management plan has been prepared for the remaining twenty percent feeders where load shedding will be carried out keeping in view the line losses.
However, the meeting was informed that uninterrupted power supply will be ensured across the country during Sehr and Iftar timings.
The meeting was informed that the campaign launched by present government to check power pilferage and ensure recoveries has started producing positive results.
An additional amount of forty eight billion rupees was recovered as a result of this campaign from December 2018 to March 2019.
It was anticipated that this amount will reach eighty billion rupees by the end of this year.
These additional recoveries are expected to reach 190 billion rupees by June next year.
Apprising the Prime Minister about the progress achieved so far to check the power theft, it was informed that over twenty seven thousand FIRs have so far been registered whilst 4225 arrests have come into effect.
It was informed that action has also been taken against the officials involved in the pilferage.
On the circular debt, the Prime Minister was informed that it will be reduced from four hundred and fifty billion rupees to ninety-six billion rupees in the fiscal year 2019-20.
The meeting was informed that the target to completely overcome the issue of ciruclar debt is December next year.
About the power tariff, the Prime Minister was informed that the flawed policies of previous regimes did not incorporate net hydel profits and the expenditures incurred on different projects in the power prices.
As a result the consumers are compelled to bear the additional burden.
The Prime Minister was informed that it is the first time in history that a power demand and supply plan has been prepared for twenty five years.
He was informed that a renewable energy policy has been framed in order to produce cheap electricity in the country.
The policy targets to increase the share of renewable sources in the power generation to twenty per cent by 2025 and thirty per cent by 2030.
The meeting was also briefed about reforms in the Petroleum sector.
It was informed that the policy regarding oil and gas exploration and production is being revisited.
It was informed that the country's first shell policy is being formulated.