Rs 410bln to be invested in power sector during current financial year
The Government has accorded priority to the power sector in the Public Sector Development Programme (PSDP) where a total investment of 410 billion rupees is planned for the current financial year.
Under the Annual Development Plan, of this, about 157 billion rupees have been proposed from the budget. In addition, 253 billion rupees will be invested by the National Transmission and Dispatch Company (NTDC), Power General Companies and WAPDA from the self-generated resources on power generation and distribution projects.
Emphasis has also been given on Transport and communications sector with an allocation of 260 billion rupees to harness the potential of regional integration.
The China Pakistan Economic Corridor offers a ‘game-changer’ opportunity for generating employment for the future generations, regional integration, boosting trade, growth opportunities and revolutionize the socio-economic scene of the country.