Lahore School of Economics

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Energy Crises

Mr. Tahir Jawaid, COO HUB Power delivered a lecture to the graduating MBA students of the Lahore School of Economics on March 09 2015. HUB Power is the pioneer in IPP and currently producing 1600 MW of electricity (10% of Pakistan’s Electricity).

Mr. Tahir Jawaid discussed major factors (energy fuel mix, transmission losses and non-payment of bills by the consumers) are leading to energy crisis. He said that Pakistan majorly relies on oil as a source of energy, which is badly effecting the economy of our country, whereas the rest of the world relies more on coal to generate power.

Later he compared effectiveness and efficiency in detail. He said that profit was the difference between effectiveness and efficiency as effectiveness results in revenue and efficiency results in output in least time and cost. He said that effectiveness and efficiency also had a multiplier affect which resulted in sustainability of the company. Going in detail he said that effectiveness came from the customer side, usually from outputs whereas efficiency came from the producer side, usually from the inputs. He linked effectiveness and efficiency with Hub power and said that it was working on its manufacturing excellence to improve its efficiency and stated that the company’s major competitive edge was its HR and extensive knowledge in the energy sector.


posted by S A J Shirazi @ 3/12/2015 12:34:00 PM,

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