Islamabad -

The upcoming Pakistan Muslim League-Nawaz (PML-N) government has prepared a plan to overcome the ongoing energy crisis in the country that includes issuance of treasury bills to eliminate circular debt, recovery of power dues from provinces and taking administrative measures.

Sources informed that PML-N has prepared a plan to overcome the circular debt issue by issuing treasury bills worth of Rs 500 billion. According to PML-N plan, the new government would arrange Rs 500 billion through treasury bills to eliminate the circular debt issue from its grass root and would also provide fuel to power plants so that maximum electricity could be generated.

The PML-N has also planned to merge the two ministries of water and power and petroleum and natural resources into one ‘ministry of energy’. This move would help the government to keep eye on all energy issues.

The PML-N government would make mechanism to recover power dues worth of Rs 110 billion from provinces. Similarly, the upcoming government would appoint professional officials in electricity distribution companies and would remove all exiting heads of the distribution companies.

Sources informed that PML-N government might also stop supply of 650MW to Karachi Electric Supply Company (KESC) and would add this electricity into national grid. Similarly, the new government would also take steps to control the line losses. The upcoming government might also introduce prepaid electricity meters in the country to control the power theft.

The government would provide targeted subsidies and would prefer to give subsidy to the lower income class. Gas being used in CNG sector will be directed to the power and industrial sector.

The experts say Pakistan has the infrastructure and the capacity to produce 21,000 MW of electricity but owing to different reasons, the full capacity production remained a dream. At present Pakistan is generating only 10,000 to 11,000 megawatt electricity and huge shortfall of over 6000 to 7000 megawatt exits in the country.