Transcription of Policy For Power Generation Projects Year 2002
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Policy For Power Generation Projects Year 2002
Policy For Power Generation Projects Year 2002 FOREWORD Electricity is the engine for the growth of the economy. Although the surplus Power scenario of the late nineteen-nineties was harmful for the economy, but more damaging were the effects of the long load-shedding hours of the nineteen-eighties. The dark and frightening shadows of load-shedding have again started to loom large. From the year 2003-04, winters are again expected to experience Power shortages. The city of Karachi, with a population base of above one crore, is already bearing the brunt of Power shortages. WAPDA's Power wing is being corporatized, on its way to be privatized. Thus, any future investment in electrical Power is expected from the private sector. The previous Power Policy of 1998, however, had failed to attract the private Power investors.
Policy for Power Generation Projects, 2002 Page 2 of 27 1.1.1 Pakistan Water and Power Development Authority (WAPDA)
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