Industrial-production

The gas and electricity crisis has begun ringing alarm bells for the country’s overall economy. Industrial plants are being forced to cut production because they are not receiving gas at the required pressure. Some have already shut down. Although the impact may not be immediately visible, industrialists fear the situation will have negative long-term consequences. They say that if the situation continues for a few more days, it will become impossible to ship products abroad on time. Compa...

The country currently has a daily gas demand of 3.8 billion cubic feet. Although around 2.65 billion cubic feet was supplied during normal times, the supply has now fallen to 2.43 billion cubic feet. Meanwhile, the country has electricity generation capacity of around 29,000 megawatts. Although average demand stands at 16,000 to 17,000 megawatts, only 14,000 to 15,000 megawatts is being generated due to fuel shortages and financial constraints. As a result, the gas and electricity crisis c...