Скачать или смотреть Impact of IPPs, Capacity Payments & Rising Electricity Bills I Forensic Audit

In this Podcast of Haque Economics we delve deep into the intricate and often opaque world of Pakistan's energy sector. The vitality of this sector is crucial to the nation's economic health, yet it is plagued by governance issues, inefficiencies, and financial strains. We explore the multifaceted challenges and potential solutions to Pakistan's ongoing energy crisis.

Speakers:
Afia Malik (Senior Research Economist & Energy Expert - PIDE)
Dr. Nadeem Ul Haque (Vice Chancellor - PIDE & Former Deputy Chairman Planning Commission of Pakistan)

Topics Covered:
1. Independent Power Producers (IPPs):
Understanding the role of IPPs in Pakistan's energy landscape.
Analyzing the terms and conditions of agreements with IPPs, including the controversial currency mismatch where earnings are in dollars, but revenues are in rupees.

2. Capacity Payments:
Breaking down the concept of capacity payments and why they are necessary.
The financial burden of Rs. 2 trillion in capacity payments for 2023/24, with Rs. 1.3 trillion allocated to plants lying idle.
The implications of these payments on the base tariff per unit and the overall cost of electricity.

3. Expensive Electricity Bills:
Examining the reasons behind the high cost of electricity in Pakistan.
The impact of expensive electricity on consumers and the broader economy.
Potential measures to alleviate the financial burden on households and businesses.

4. Forensic Audit of IPPs:
The necessity of a forensic audit to uncover inefficiencies, mismanagement, and potential corruption within IPPs.
How a thorough audit could lead to more transparency and better governance in the energy sector.
The expected outcomes and benefits of such audits for the economy and consumers.

5. Per Unit Prices of Electricity:
A detailed look at the current per unit prices of electricity in Pakistan.
Factors contributing to the high per unit cost, including policy design and infrastructure issues.
Comparative analysis with regional and global electricity prices.

6. Circular Debt and Economic Implications:
Understanding the concept of circular debt and its roots in structural issues within the energy sector.
How circular debt has rendered the economy uncompetitive and its implications for growth and sustainability.
Policy recommendations to address and mitigate the circular debt crisis.
Join us as we navigate the complex terrain of Pakistan's energy sector, dissecting the challenges and proposing viable solutions for a more sustainable and efficient future. This episode is essential listening for policymakers, industry experts, and anyone interested in understanding the real cost of electricity and the path towards energy reform in Pakistan.

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