Date:Mon, 30 Dec 2013
Courtesy: Board of Investment, Government of Pakistan: Economies are ranked on their ease of doing business, from 1 - 185, with first place being the highest. The ease of doing business index averages the economy's percentile rankings on various topics, made up of a variety of indicators, giving equal weight to each topic. The rankings are from the Doing Business 2013: The World Bank recognized Pakistan, 107th rank in Ease of Doing Business, while the 98th rank in starting a business in the world, in its annual 'Doing Business' report. The rapid economic growth over the past few years has led to a power shortage in Pakistan and the country today is looking for investment in power production to meet its short and long term power needsTo fulfill the growing energy demand, government has announced lucrative incentives to the investors investing in Pakistan. The Government has declared the Power Sector as one of the top priorities for investment and is taking all necessary measures to build a more conducive environment by simplifying procedures to facilitate potential investors. At present, Pakistan's total installed generation capacity from Hydroelectric, Thermal, Independent Power Producers (IPPs), and Nuclear sources stands at 19,566 MW. The existing capacity of thermal power generation in Pakistan stands at 12,630 MW, which is almost two-third (64.6 percent) of the country's total generation capacity. Hydel energy is the second largest source of electricity and accounts for 33.1 percent of total power generation in the country.