Two mega LNG power plants in Pakistan fear shut down: Sources

Two mega LNG power plants in Pakistan fear shut down: Sources
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LAHORE - The regasified Liquefied Natural Gas (LNG) power plants Haveli Bahadur Shah and Baloki are in danger of being shut-down, due to non-payment of dues amounting to Rs30 billion.

The indifferent attitude of the interim energy ministry in the last few weeks has contributed to a minimum or no payments to power producers, greatly impacting power generation and resulted in increasing daily outages across Pakistan, reports *The News.*

As the incoming PTI government takes hold of reins, the incompetence of the outgoing caretaker energy ministry in handling the affairs of the energy sector will take some working.

Presently, consumers are suffering four to ten hours of power outages in urban and rural areas.

There are concerns two major power plants producing 10 percent of overall peak summer generation would shut down in a week’s time if their outstanding dues of Rs30 billion aren’t cleared.

It has come to the fore, the management of National Power Parks Management has apprised the appropriate quarters about their failure to operate two re-gasified liquefied natural gas (RLNG) based power plants, having a generation capacity of 2,453 megawatts due to cash flow issues.

Economy