We face an energy crisis since gas and oil resources are diminishing. Pakistan’s economy faces a major hurdle in the shape of its domestic energy crisis, according to a report of the Asian Development Bank (ADB).
Subsidies of billions of rupees have to be doled out to Wapda to bear losses. This would affect the national exchequer heavily. Pakistan’s energy sector comprises of major sources with share of 50.4 percent of gas, followed by oil 29 percent, hydro electricity 11 percent and coal 7.6 percent.
We need a solution to overcome the crisis. Firstly, Pakistan needs to focus on hydel energy and setting up of dams and run-of-the-river projects. Secondly, coal is one of the cheapest ways to produce electricity. Pakistan has one of the largest coal reserves in the world. Thirdly, nuclear power stations should be used.
We need a government who focuses on these issues.
SAIMA SHAHID
Karachi
