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October 13 blackout: What went wrong?

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2 years ago

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Several parts of Pakistan, mainly Sindh, Punjab and Balochistan, were left without power after a fault was detected in the national grid’s southern transmission system last week on October 13.

It took the authorities several hours to restore the transmission system across Pakistan and the electricity supply returned to normal almost 24 hours later.

Following this, the National Transmission and Despatch Company (NTDC) formed a committee to probe the reasons behind the “partial blackout”.

A four-member committee was formed with NDTC’s General Manager (Technical) Lahore Muhammad Mustafa as its convener, while General, Manager (AM) North Lahore Anwar Ahmed Khan, Chief Engineer (TSG) North Lahore Muhammad Ijaz Khan, and Chief Engineer (OP) NPCC Islamabad Muhammad Zakaria Member were its members.

A handout from the Power Division Wednesday said that the NTDC’s committee has determined the reasons behind the blackout and the Ministry of Energy is taking immediate disciplinary action in light of the report.

The statement mentioned the following reasons:

  • The first reason for the blackout is the nondurable and sub-standard work done on Tower No 26 of Karachi’s nuclear power plants K-2 and K-three three years ago — in 2019.
  • The failure of the delivery system calls into question the quality of the equipment used in 2019 and the efficiency of the workers. The connectors used on it were not made for the transmission line but were modified and used for this temporary interconnection.
  • The project team used 25-year-old dilapidated conductors in 2019 at Tower No. 26, 26-A and 27.
  • In 2019, despite the sensitivity of nuclear power plants, it was not regularly repaired and maintained as per the prescribed standards.

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In FY2024, SRB tax revenue soars to Rs 185.2 billion.

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In a statement released here, the SRB’s chairman, Wasif Memon, stated that he briefed Sindh Chief Minister Syed Murad Ali Shah about the organization’s revenue collections during their meeting.

In comparison, the tax collection during the same period of the previous financial year 2022–2023 stood at Rs143.3 billion. This achievement represents a 29 percent year-over-year growth, according to the Sindh Revenue Board (SRB), which recorded record revenue of Rs185.2 billion during the first nine months of the fiscal year 2023–2024.

The CM stated at the time that the SRB has shown tenacity and efficiency in revenue collection in spite of facing a number of difficulties, including the general economic downturn.

According to the statement, SRB’s monthly tax collection for April 2024 was Rs18.8 billion, a 23 percent increase from the Rs15.2 billion collected in the same month the previous year.

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Before the IMF delegation arrives, Pakistan will “finalize” its FY2024–25 budget targets.

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In order to discuss the new loan program that Pakistan is requesting to handle its financial needs, the IMF delegation is expected to arrive in Pakistan on May 15.

Within days of the IMF mission’s arrival, sources claim that the government accelerated its budget targets preparations. Relevant ministries have been instructed by the Ministry of Finance to meet targets as soon as possible.

Based on the information provided by the sources, the IMF will get a framework for all significant budgetary targets.

Before the IMF mission arrives, a strategic paper on the FY25 budget is reportedly going to be approved by the federal cabinet.

In addition, a preliminary estimate will be created for salaries, pensions, government spending, and loan repayments. The Federal Board of Revenue (FBR) will also set tax collection goals and defense spending.

According to additional sources, the economic team has been given a deadline by the Prime Minister’s Office to finish working on the FY25 budget.

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See the new rates when Pak Suzuki announces a significant decrease in car costs.

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The costs of cars on the Swift models from Pakistan Suzuki Motor Company have been reduced by Rs. 710,000.

According to a notice from the corporation, the new pricing will take effect on May 1, 2024, and it is a reaction to the state of the market.

The Swift GL MT model is now available for Rs 4,336,000, a decrease of Rs 85,000, according to the notification about the changed pricing.

After dropping down Rs159,000 from its previous price of Rs4,719,000, the Swift GL CVT is now available for Rs4,560,000.

With a price drop of Rs710,000, or Rs5,429,000, to Rs4,719,000, Swift GLX CVT saw the most price decline.

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