AGL 40.00 Decreased By ▼ -0.16 (-0.4%)
AIRLINK 129.53 Decreased By ▼ -2.20 (-1.67%)
BOP 6.68 Decreased By ▼ -0.01 (-0.15%)
CNERGY 4.63 Increased By ▲ 0.16 (3.58%)
DCL 8.94 Increased By ▲ 0.12 (1.36%)
DFML 41.69 Increased By ▲ 1.08 (2.66%)
DGKC 83.77 Decreased By ▼ -0.31 (-0.37%)
FCCL 32.77 Increased By ▲ 0.43 (1.33%)
FFBL 75.47 Increased By ▲ 6.86 (10%)
FFL 11.47 Increased By ▲ 0.12 (1.06%)
HUBC 110.55 Decreased By ▼ -1.21 (-1.08%)
HUMNL 14.56 Increased By ▲ 0.25 (1.75%)
KEL 5.39 Increased By ▲ 0.17 (3.26%)
KOSM 8.40 Decreased By ▼ -0.58 (-6.46%)
MLCF 39.79 Increased By ▲ 0.36 (0.91%)
NBP 60.29 No Change ▼ 0.00 (0%)
OGDC 199.66 Increased By ▲ 4.72 (2.42%)
PAEL 26.65 Decreased By ▼ -0.04 (-0.15%)
PIBTL 7.66 Increased By ▲ 0.18 (2.41%)
PPL 157.92 Increased By ▲ 2.15 (1.38%)
PRL 26.73 Increased By ▲ 0.05 (0.19%)
PTC 18.46 Increased By ▲ 0.16 (0.87%)
SEARL 82.44 Decreased By ▼ -0.58 (-0.7%)
TELE 8.31 Increased By ▲ 0.08 (0.97%)
TOMCL 34.51 Decreased By ▼ -0.04 (-0.12%)
TPLP 9.06 Increased By ▲ 0.25 (2.84%)
TREET 17.47 Increased By ▲ 0.77 (4.61%)
TRG 61.32 Decreased By ▼ -1.13 (-1.81%)
UNITY 27.43 Decreased By ▼ -0.01 (-0.04%)
WTL 1.38 Increased By ▲ 0.10 (7.81%)
BR100 10,407 Increased By 220 (2.16%)
BR30 31,713 Increased By 377.1 (1.2%)
KSE100 97,328 Increased By 1781.9 (1.86%)
KSE30 30,192 Increased By 614.4 (2.08%)

LAHORE: Federal Minister for Energy (Power Division) Engr. Khurram Dastgir Khan has laid the foundation stone of the 500/132 kV grid station for Allama Iqbal Industrial City (AIIC) at FIEDMC, near Sahianwala interchange, district Faisalabad.

The project, being launched by NTDC, aims to address the energy needs of both the Allama Iqbal Industrial City and M3-Industrial City under the China-Pakistan Economic Corridor (CPEC) projects of Special Economic Zones (SEZs). It will cater for the medium and long-term scenarios by supplying reliable and stable power to support a 600 MW load demand.

Addressing the ground-breaking ceremony, Engr. Khurram Dastgir Khan highlighted the importance of the project, which will significantly strengthen the industries. This grid station will be constructed with an estimated cost of PKR 20 bn and it is targeted to be completed by January 2025.

A 1.5 km long transmission line from Gatti-Ghazi Brotha will also be constructed for providing interconnection to this project. He commended the early completion of NTDC’s projects and appreciated the NTDC management for launching new projects of grid stations and transmission lines.

Federal Minister said that issues regarding imports, related to this project will be solved as early as possible. He advised MD NTDC to complete the project before the stipulated time. He said that we have to contribute in the development of the country instead of complaining.

The Managing Director of NTDC, Engr. Dr. Rana Abdul Jabbar Khan also spoke on the occasion, saying that the project will not only boost the energy sector but also contribute to socio-economic progress and create employment opportunities, further advocating NTDC’s long-standing commitment to driving Pakistan’s national development.

Copyright Business Recorder, 2023

Comments

Comments are closed.