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Govt allocates Rs 400 bln for power projects

ISLAMABAD, 12 JUNE, (DNA) – The Government has allocated over four hundred billion rupees for various power projects in the country under the Annual Development Plan 2016-17.

Over five thousand mega watts of electricity will be added to the national grid by the end of next year.

Furthermore, energy projects being implemented under China Pakistan Economic Corridor will add over ten thousand megawatts of electricity through coal, hydro and wind power projects by 2018 in the IPP mode.

Work on different projects including Neelum-Jhelum, Dasu hydro-power project and Tarbela dam extension project is also in full swing.

Thermal projects of four thousand and twenty mega watts in the public sector are also underway.

Electricity supply to seven thousand and ninety two villages is also part of Annual Development Plan.

It will not only augment electricity supplies in a major way, but also significantly change the energy mix by reducing the average cost of generation. =DNA

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