Dear I don't mind public private partnership but if history is anything to learn from then pvt sector of hubbies n rubbies should be made to enhance the generation capacitieS not to just manage the installed capacity thus leaving us all further vulberable at the end of their cobtracts n secondly these contracts should be given in a transparent manner that means should be doled out on political or bureaucratic connections
We all should try to debate this that why in the world public private partnerships fails to deliver in Pakistan only
Lonh live Pakistan n Eid mubarak to all
Thanks
Saeed
*** This Message Has Been Sent Using BlackBerry Internet Service from Mobilink ***
-----
Prof. Dr. Manzoor H. Soomro
Chairman
1, Constitution Avenue, G-5/2
Islamabad, PAKISTAN
Tel. ++-92-51-920 4522
Fax. ++92-51-920 2468
Cell:++-92-300-980 5611
Email: chairman@psf.gov.pk, manzoorhsoomro@gmail.com
Website: www.psf.gov.pk
Business community supports handing over Gencos to private sector: Mian Shahid
FPCCI's Fazal Elahi, Chadda, and IWCCI's Samina back move
Islamabad: [August 30]
Business community has supported the proposal of Water and Power Ministry to give control of some power generation companies to private sector for a specified time in a bid to transform them into profit making entities.
The suggestion is very positive and according to the wishes of private sector which has repeatedly claimed ability to transform inefficient public sector organisations into profit making entities, said Mian Shahid which speaking at a forum held at The Pakistan Economy Watch (PEW).
Giving operational and maintenance control of four power generation companies (Gencos) to private sector for a period of 10 years may prove a turning point, he said adding that it will be a test of the skills of private sector.
Mian Shahid said that private sector's focus is on profit maximisation is what is needed today as the stress of public sector entities on other aspects of business has resulted in losses to the tune of billions.
This decision, if implemented, can rationalise tariff, improve efficiency, reduce complaints, bring political meddling and overstaffing to an end which is a major reason of losses, said said Shahid who is also Executive of Saudi Pak Insurance Company.
At the occasion VP FPCCI Fazal Elahi said that such a move is imperative as it will reduce per unit cost of electricity if contractors are allowed to trim organisations.
"This proposal should be approved immediately with a mechanism so that mistakes committed in unsuccessful privatization of KESC are not repeated," said Elahi.
Chairman FPCCI Capital Office Hameed Akhtar Chadda said that the elimination of circular debt is the key without which no state-run enterprise can become profitable no matter who manages it.
He called for steps that can attract experienced and reputable individuals and companies in such a venture.
Samina Fazil, President, Islamabad Women's Chamber of Commerce and Industry said that matters pertaining to investment, tariff adjustment and profits should be settled in front of the public eye to ensure transparency in any such deal.
She said that if proven successful, the private sector can be entrusted to bring other organisations out of losses that can save around 500 billion rupees per annum.
Chairman FPCCI Standing Committee on Pharmaceuticals Tariq Mehmood said that such a move without giving full control to private sector may prove counterproductive.
--
Dr. Murtaza Mughal
Cell: 0321-5157671
President Pakistan Economy Watch
--
Dear All,
It's a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum and anyone that register can post whatever they like. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Regards,
Group Manager
I. If you want to receive individual emails
II. Receive one mail with all activity in it
III. Do not want to receive any mail at all
Regards,
Tariq Khattak, Group Manager,
GSM = 0300-9599007 and 0333-9599007
+92-300-9599007 and +92-333-9599007
Tariqgulkhattak@gmail.com
Tariqgulkhattak@hotmail.com
REQUESTS:
1)Please directly contact sender for personal/individual correspondence.
2)Try to discuss issues that will catch attention of many readers.
3)Please avoid sending messages in any language other than English
4)Avoid sending messages addressed to many recipients.
5)Do not send messages aimed at personal publicity.
6)Please do not send personal/other links unless necessary.
7)The Group is not obliged to publish printed news,
very short/long comments and objectionable material.
8)Every mail cannot be published; it will overload Mailboxes
of our valued members.
9)Try to Disagree Without Being Disagreeable, Unsympathetic and/or Unpleasant.
x==x==x==x==x==x
Please note that,
It is a common platform for journalists and all others who are interested in knowing about the issues that are sometimes not reported. This group favours philosophy of progress, reform and the protection of civil liberties. Please share and educate others. The owners and managers of this site do not necessarily agree with any of the information. It is an open forum; everyone is allowed to share anything. Mails sent by members and non-members are subject to approval. However, we are not responsible in any way for the contents of mails / opinion sent by members. We do not guarantee that the information will be completely accurate. (Nor can print and electronic media). If you find content on this site which you feel is inappropriate or inaccurate, incomplete, or useless you are most welcome to report it or contradict it.
Thanks a lot.
0 comments:
Post a Comment
Gujranwalafun@Aol.com
Gujranwala@windiowslive.com