Ahsan Zafar Syed joins the panel discussion on fixing Pakistan’s power sector at the Future Summit.
#ENablingGROwth #Engro #FutureSummit #TFS
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Ahsan Zafar Syed joins the panel discussion on fixing Pakistan’s power sector at the #FutureSummit #TFS
#ENablingGROwth #Engro #FutureSummit #TFS
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"What would be your idea of liberalization and improving the power sector?"- Aftab Mahmood Butt, Chief Executive Officer, KAPCO moderating at the Future Summit.
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"The problem that we are facing is within the entire power value chain. The biggest issue is related to distribution & circular debt. 55-60% of the distribution company losses is contributing to circular debt"- Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
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"Second issue is of surplus power stemming from lack of planning through an independent body. Then comes the demand issue and the cost issue." - Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
"We need to see what is the global trend or the trend in comparable markets. And the trend is to move away from a monopolistic, single-buyer market to a multiple buyer & seller market." -Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
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"Once this happens, the market forces will adjust themselves and then we’ll have competition, greater efficiency and the costs will come down."-Ahsan Zafar Syed, CEO of Engro Energy, speaking at the Future Summit.
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