The Prime Minister directed to formulate a strategy to deal with power load shedding

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The Prime Minister has directed to formulate a strategy to deal with power load shedding. According to details, an important meeting was held under the chairmanship of Prime Minister Shahbaz Sharif regarding the energy situation in the country, in which Muftah Ismail, Shahid Khaqan Abbasi, officials of the Ministry of Finance and Petroleum participated. It was informed that the meeting reviewed the steps taken to ensure the availability of petroleum products where the participants also considered measures to deal with the situation of power load shedding. He directed to prepare and also issued orders to ensure availability of petroleum products in the country.

It may be recalled that it was decided not to carry out load shedding during Sahar, Iftar and Taraweeh across the country. The Power Division has also sought supply and demand details from all the power distribution companies.

On the other hand, maintaining prices of petroleum products has become a major challenge for the federal government. Oil marketing companies are facing financial difficulties due to price deviation claims due to which the Petroleum Division had recommended to increase petroleum products by Rs 35 per liter. In view of the shortage of products, a summary was sent to the Cabinet in which it was recommended that petrol be immediately increased to Rs. 27 and pie speed diesel to Rs. 35 per liter.

It may be recalled that the PTI government had announced on February 28 that it would not increase petrol and diesel prices till June 30. In the context of crude oil prices in the world market between March 14 and March 29, from April 1. During April 15, the ex-depot price of petrol will be Rs 174.64 per liter while it is to be sold at Rs 149.86 per liter. Similarly, the current price of high speed diesel in the country is Rs. It pays Rs 10 paise and Rs 24 78 paise per liter on petrol from the national exchequer.

Location: Pakistan

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