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Pakistan has been facing substantial shortages in the power sector
and the province of Punjab is no exception. In Punjab, at
present, there is a demand-supply gap of about 4000 MW which is
increasing at a rate of 6% per annum. Punjab with 68% of the
consumption of generated power and gas is worst affected and has
to endure both power and gas load shedding with adverse social
and economic consequences.
Following the 18th
amendment in the Constitution of Pakistan, the provinces are now
vested with full authority to develop power projects of any
capacity through public or private sector and establish required
regulatory framework. In view of lingering energy crisis and
opportunity provided by the new enabling framework, the
Government of the Punjab decided to play a pro-active role in
the energy sector. An independent Energy Department has
accordingly been established to vigorously pursue power
generation and oil & gas projects in the province.
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