Govt allocates over Rs400b for development of power sector
A new program 'Energy for All' is being introduced with an initial outlay of Rs12.5b.
Government has allocated over four hundred billion rupees for development of power sector during the current fiscal year.
According to official sources, a new program called 'Energy for All' is being introduced with an initial outlay of 12.5 billion rupees.
Funds to the tune of 76.5 billion rupees have been allocated for the LNG based Balloki and Haveli Bahadur Shah power plants. These projects will be completed this year and produce twenty four hundred megawatts of electricity.
Similarly, fifty four billion rupees have been earmarked for Dasu Hydro power project.
19.6 billion rupees have been apportioned for the completion of Neelum Jhelum hydro power project, which will add nine hundred and sixty nine megawatts of electricity.
Furthermore, 1200 megawatts coal fired power plants will be installed in Jamshoro at allocated cost of 16.2 billion rupees.