Well the menace of loadshedding has shook the country to its root and some experts say that terrorism is not this countries number one problem its loadshedding. Currently Pakistan electricity demand is around 16000 MWs and according to figures of WAPDA we have installed capacity of 18oo0 MWs but only 16500 is dependable so we have 5o MW as surplus. Thats solves the problems of capacity noe comes financial resources actually the electric sector is in circular debt. We wont go in depth too. I will explain it simply to you guys WAPDA doesn't have enough money money tu buy oil so it takes loans from banks and buy oils to produce electricity. But lets say it produces electricity of 100 ruppees and in returns it gets only 60 because of theft and govt officials and other big guys dont pay bills. So what it does takes loans again n again n again until bank refuses to give any further. Now according to an estimate WAPDA owns bank 2oo plus billion ruppees. But still WAPDA has to power the country so it said the PSo to give oil now and it will pay later it said it ok.. Now PSO stopped giving oil because bills got pilled up. The only way out for WAPDA? it turned to government to pay it dues with in a month or forget electricity. Provincial govt of Sindh alone owns 15o billion ruppees to WAPDA it paid 7o billion last week and said would pay rest of money with in a week. Thats called circular dept. Govt owns WAPDA, WAPDA owns BANKS ans PSO and they all own PAKISTANIS.
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