Pak-India accord likely for electricity trade

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For the elimination of energy crisis across Pakistan, an agreement is expected to be signed soon for importing electricity from India as final talks are underway on technical level.

While talking with media, the officials of ministry of water and power said Pakistan would import at least 2500 mega watts of electricity from India which would result in a significant decrease in energy shortage.

According to sources, half output of the electricity generation is dependant on the plants running with furnace oil which will be transferred to coal and alternative resources.

Reiterating major effects on the country’s economy by poor condition of energy sector, the sources claimed that previous government faced Rs 10 trillion losses during five years due to load shedding while corruption in power sectors resulted in loss of Rs 270 billion.