Govt to focus on energy projects in next budget
Rs. 260 billion to be allocated to initiate several new energy projects.
The government plans to focus on energy projects in the next budget to overcome power shortage in the country.
According to official sources, 260 billion rupees will be allocated in the 2014-15 federal budget to initiate several new energy projects besides expediting work to complete ongoing schemes.
The new energy projects include Diamer-Bhasha Dam and Dasu Hydropower Project which will generate over 8000 megawatt electricity.
The work on 969 megawatt Neelum-Jhelum Hydropower Project will also be expedited.
Similarly, special allocation is being made for upgrading generating units at Mangla Dam which will add 310 megawatt electricity to national grid.
It has also been decided to launch Tarbela Dam 4th Extension Hydropower Project in the next financial year, which will generate 2800 megawatt electricity.
Special allocations will also be made to complete 7100 megawatt Bunji Hydropower Project in Gilgit-Baltistan and Golen Gol Hydropower Project in Chitral.
The hydropower will generate cheap electricity, providing relief to the people.