Mehngi Bijli Ke Mehangay Kar Khanay. . 5 Bunyadi Ghalatiyan Kahan Hui?

ARY NEWS

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00:00The biggest blow to Pakistan's industry is the electricity prices.

00:06We don't have gas, so we need electricity to run the industry.

00:11Electricity, as you can see, is the same news in Pakistan every week.

00:15It's constantly losing money.

00:17Today, if you look at the newspapers, it's increasing by 2.

00:22I don't know how much it's increasing.

00:24First of all, for the common man's understanding, where did the mistake happen?

00:31In 1994, when this policy was introduced, it was introduced by the government of the Pakistan People's Party.

00:38Then I saw another policy in 1998, which was introduced by the PMLN government.

00:44In 2002, when Jalal Musharraf came, he also worked on this.

00:48In 2004, Mr. Shaukat Aziz.

00:51After that, between 2013 and 2018, it is said that there was a heavy influx.

00:57Projects that are now coming into the system.

01:01They don't need it, but they are coming into the system.

01:03You have agreed to pay for it.

01:05So where did the basic mistake happen?

01:07If we can understand 1, 2, 3.

01:10The basic mistake happened when we made this policy.

01:15And its objective was transition.

01:18In any country in the world, the thermal or coal projects,

01:23especially in the areas of Pakistan,

01:27have a transitory period.

01:30After that, you go to your original resources.

01:35And those original resources are the largest hydro in the world.

01:39After that is coal, where locals come more.

01:42And then the third is solar.

01:45When this crisis came into the government of the People's Party in Pakistan,

01:49the original idea was that if we inject 500 megawatts into the system.

01:54In 1994.

01:55In 1994.

01:56And we shouldn't go any further than this.

01:59But when we were injecting it, we didn't have money or whatever it was.

02:04It came to these three countries at that time.

02:06It was also in Bangladesh.

02:08It was also a phenomenon in India at that time.

02:10And it came into Pakistan.

02:12But apart from them, the five things that we did,

02:15that is the fate of Pakistan.

02:17I call it the energy crisis of Pakistan.

02:20This is a black hole of Pakistan's Mediterranean.

02:24In which we have reached the level

02:27that the economy of Pakistan,

02:29the national security of Pakistan,

02:31and the financial viability of the common man of this country.

02:36It is taking it inside like a jinn.

02:39And it is such a jinn that it is not stopping.

02:42If you understand today,

02:44that it has eaten us so much,

02:46and then maybe it will stop.

02:48Because that black hole is so big,

02:50that it will increase day by day.

02:52You see, those things that started with your 200 billion,

02:56have gone up to your 28 billion.

02:58Now what did we do with the five things?

03:00Number one, we did this,

03:02that was in those contracts.

03:04We put the dollar payment model in it.

03:08It should have been in local currency.

03:10Second, we said that if we had gone into the dollar,

03:14then we should have put the dollar cab.

03:16That this is a country whose currency goes towards depreciation.

03:21We should go to it.

03:22We will put a certain amount of exchange rate.

03:24That which was in the beginning,

03:26today it has gone up to 280.

03:28Third, we did this,

03:30that we gave sovereign guarantees in it.

03:32And this never happens in any country in the world,

03:35that if you do a contract,

03:37and it is written in such a way,

03:39that every big contract of Pakistan,

03:41whether it is coming from outside,

03:43whether it is coming from a private or a government firm,

03:45you have given a sovereign guarantee in it.

03:47Next, you did another injustice in it,

03:49that the jurisdiction of these contracts,

03:52you made it outside the world.

03:54That you said that our country's law will not apply,

03:57but if arbitration comes,

03:59then after that we will go outside and do it.

04:01And the fifth thing,

04:03that we did the biggest injustice in it,

04:05that the transitory period,

04:07which was for this purpose,

04:09and in which in 1998-99,

04:11in PMLN government,

04:13Saif-ur-Rehman had also asserted on it,

04:15in this matter,

04:17we went ahead while running the same policy.

04:19The next thing was its fixed profit.

04:22The first contract we did,

04:24we did it on 16%.

04:26In 2014, we did it on 20%.

04:29And when we put all these things in front of them,

04:32then there were five things in it,

04:34that we should do.

04:36The number one was,

04:38it had foreign direct investment.

04:40Till today, its investment has not been audited.

04:42The second was its heat audit,

04:44that the thing you are bringing,

04:46what is its capacity.

04:48The third was your oil audit,

04:50as you have seen,

04:52that their capacity should be reduced day by day,

04:55but their money is paying you the same way.

04:58Then it was your financial audit,

05:00that how much tax do these people pay.

05:02You go and see their cases.

05:04In some places, their cases are not going on,

05:07to go into that thing.

05:09And finally, it came in that,

05:11that a connivance came,

05:13and that connivance of your kickbacks,

05:15that when you, what is the job of the state,

05:17or what is the job of the state institutions,

05:19that they protect the state,

05:21or the citizens of the state.

05:23If they don't protect it,

05:25if it doesn't get out of its responsibility,

05:27then it is either your intellectual and professional dishonesty,

05:31or its kickbacks.

05:33And that kickback is going on,

05:35that you see,

05:37that from 1994 till today,

05:39the ministers will defend it.

05:41No power minister will ever tell you,

05:43that when they will be out,

05:45they will say,

05:47no, no, it should be revisited,

05:49it should be done.

05:51I understand, that the people who are speaking on this name,

05:53that these are sovereign guarantees,

05:55the issue of Rekodek was something else,

05:57this is not the matter of Rekodek,

05:59or Karke,

06:01the issue here is,

06:03that if the same contract that you have given,

06:05in that, the five orders that I have mentioned,

06:07get them to do independent orders,

06:09and in that,

06:11the first arbitration is your local,

06:13the first one that you mention,

06:15that what happened was,

06:17that our local arbitrator decided against us,

06:19and they took that and went out,

06:21and from outside,

06:23let us move forward,

06:25I will...

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