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    Over 130 Indian Legislators (MLAs &MLCs) from 24 Legislators from Karnataka to Attend Global Legislative Summit in Boston, US, Under NLC Bharat 2025

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    Over 130 Indian Legislators (MLAs &MLCs) from 24 Legislators from Karnataka to Attend Global Legislative Summit in Boston, US, Under NLC Bharat 2025

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    Photo_130+ Indian legislators to attend NCSL Summit 2025 in Boston under NLC Bharat

    Over 130 Indian Legislators (MLAs &MLCs) from 24 Legislators from Karnataka to Attend Global Legislative Summit in Boston, US, Under NLC Bharat 2025

    WORLD BREASTFEEDING WEEK,- COUNTRIES URGED TO INVEST IN HEALTH SYSTEMS AND SUPPORT BREASTFEEDING MOTHERS

    Global hunger declines, but rises in Africa and western Asia: UN report

    L&T Technology Services Wins ~$60 Million Software Engineering Engagement From US Tier-I Telecom Provider

    Roche provides regulatory update on Elevidys™ gene therapy for Duchenne muscular dystrophy in the EU

    Wipro Wins Multi-Year “Smart Grid” Deal from Saudi Electric Company

  • National
    • All
    • Economy & Politics
    • Election

    Over 130 Indian Legislators (MLAs &MLCs) from 24 Legislators from Karnataka to Attend Global Legislative Summit in Boston, US, Under NLC Bharat 2025

    The Real Van Gogh Immersive Experience’ extends its run in Bengaluru to August 15

    A Divine Encounter in with Jagatguru Shankara Vijayendra Saraswati:- Tapan Acharya Seeks Blessings from Jagatguru Shri Shankara Vijayendra Saraswati Swamigal

    Alliance University Organises ICSMET 2025, Bringing Together Over 100 Experts in Smart Materials and Emerging Technologies

    Tourism Australia launches next chapter of its global Come and say G’day campaign in key tourism markets

    SAP Labs India Brings Together 9,000 Runners for the Second Edition of SAP Run Bangalore 2025

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  • Health

    Kinder Hospitals Launches Advanced Pediatric Intensive Care Unit (PICU) in Bangalore

    Apollo Bannerghatta Achieves 600+ Ultrafast Fully Automatic Robotic Knee Replacement Surgeries Under Dr. K.T. Rajashekar

    Government Strengthens Measures for Consumer Protection and Curb Unverified Claims by Ayush Product Manufacturers

    Roche provides regulatory update on Elevidys™ gene therapy for Duchenne muscular dystrophy in the EU

    “Every transplant at Kauvery is a commitment to giving life where hope is fading”-Dr. S Vijayabaskaran, Executive Director – Bangalore & Hosur.

    Global childhood vaccination coverage holds steady, yet over 14 million infants remain unvaccinated – WHO, UNICEF

  • Technology
    • All
    • Environment
    • Science

    Eveready Launches India’s 1st Ever Hybrid Torch with Sonakshi Sinha-starrer ‘Nikita Roy’

    Sony India launches WF-C710N earbuds with Dual Noise Cancelling and smart AI calling features

    HAL receives first set of wing assemblies for LCA Mk1A from L&T

    Emerson NI Days India 2025

    Industry leaders unveil innovative solutions for print, branding, signage and digital displays.

    “This University Is Not Just an Institution—It’s a Mini City of Engineers”: Union Minister Scindia

  • Auto

    Harmony in motion: inside the new Audi Q3

    Honda Motorcycle & Scooter India sells 5,15,378 units in July 2025

    Odysse Electric Vehicles clocks 84% Growth in Sales for July 2025

    New Renault Triber launched with complete design and Feature Overhaul

  • Sports

    SAP Labs India Brings Together 9,000 Runners for the Second Edition of SAP Run Bangalore 2025

    Tejash BA Shines in Race 1 of Round 2 of the 2025 IDEMITSU Honda India Talent Cup CB300F

    Four Seasons Hotel Singapore Serves Up a Luxury Sports Experience with Inaugural Summer Smash Padel and Pickleball Tournament Event

    Over 99% of Indian Children Want to Play Sports but 1 in 4 P.E. Classes Get Cancelled, Shows National Survey by Sportz Village

  • Entertainment

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

    GenS Life and Dowith Lit Present ‘Senior Spotlight’: Bengaluru’s Open Mic Celebration for the 55+

    PMJ Jewels Launches PMJ SuperStar Bracelet and ‘Celebrating Daughters’ Campaign

    ‘Waves’ an OTT platform that offers clean family-friendly content: Sunil Bhatiya, Deputy Director General, Doordarshan Kendra, Panaji

  • Lifestyle
    • All
    • Food
    • Travel

    Tourism Australia launches next chapter of its global Come and say G’day campaign in key tourism markets

    Apollo Bannerghatta Achieves 600+ Ultrafast Fully Automatic Robotic Knee Replacement Surgeries Under Dr. K.T. Rajashekar

    GKB Opticals Unveils Experiential Flagship Store in Bengaluru

    Arunachal Minister inaugurates IITM Travel Fair in Bengaluru

    Tata CLiQ’s Moments that CLiQ Sale across fashion, luxury and beauty is set to begin the celebrations for the festive season

    “Every transplant at Kauvery is a commitment to giving life where hope is fading”-Dr. S Vijayabaskaran, Executive Director – Bangalore & Hosur.

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Power Sector Distortions Cost Pakistan Billions

by FWM
December 13, 2018
in World
0

World Bank analysis shows need for reforms to cut costs and increase access to reliable electricity

ISLAMABAD, December 2018 – Pakistan’s power sector suffers from inefficiencies that cost the economy $18 billion or 6.5 percent of GDP in fiscal year 2015, according to a new World Bank report. Costs are far greater than previous estimates based on fiscal costs alone. Reforms could save Pakistan’s economy $8.4 billion in business losses and could increase total household incomes by at least $4.5 billion a year.

In the Dark: How Much Do Power Sector Distortions Cost South Asia states that Pakistan has made great strides in expanding electricity access and capacity. 91 million more people are receiving electricity for the first time from 1990 to 2010. However, up to 50 million people still do not have access to grid electricity and frequent load shedding damages businesses and the health and living standards of consumers.

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Pakistan can boost economic growth and job creation by overcoming inefficiencies in its power sector,” says Illango Patchamuthu, World Bank Country Director for Pakistan. “Reforms that address these distortions can make better use of existing facilities. These need to focus on eliminating waste, promoting the shift towards cleaner energy and attracting private investments.”

Almost a fifth of electricity generated is lost through poor infrastructure, faulty metering and theft. Load shedding is caused by high cost, losses and subsidies which compromise investments and the ability to procure fuel. A lack of grid electricity also impacts health, as it leads to greater use of kerosene lamps, causing indoor air pollution linked to respiratory infections and tuberculosis risks.

The report argues that reforms that focus solely on liberalizing energy prices would lead to an excessively high cost of electricity because of inefficiencies in the system, negatively impacting the poor and vulnerable. Reforms must therefore go beyond liberalizing energy prices to address several aspects of the power sector distortions, including prioritizing gas allocation for efficient power generation and adopting tariff mechanisms that encourage performance. For the benefit of consumers, reforms should focus on rationalizing consumer prices for electricity and gas to reflect supply costs; and social assistance to help vulnerable populations cope with increased energy prices. Increased access to reliable power must be made a priority.

“Power sector reform should be a top priority, as few other reforms could yield economic gains of a similar magnitude so quickly, based on findings from this report,” says Fan Zhang, Senior Economist at the World Bank and author of the report. “If well designed, these reforms will directly benefit the poor by increasing access, improving reliability, and reducing cost and pollution.”

Tags: World Bank analysis

FWM

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