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Business & Finance

CM directs for initiation of work on 489 MW new energy projects

Mahmood Khan directs the initiation of work on 489 MW new energy projects. Mahmood Khan reveals the provincial
Published October 15, 2019
  • Mahmood Khan directs the initiation of work on 489 MW new energy projects.
  • Mahmood Khan reveals the provincial government has completed seven different projects related to the energy sector.

PESHAWAR: Chief Minister Khyber Pakhtunkhwa Mahmood Khan has directed the initiation of work on 489 MW new energy projects directing the concerned department to work out all the modalities on emergency basis and specifying timelines for completion of the projects.

While chairing a meeting of the energy and power department, the Chief Minister revealed that the provincial government has completed seven different projects related to the energy sector with total production capacity of 161.2 MW which will generate Rs. 4404 million revenue per year.

The meeting was informed that by the end of year 2022 five additional energy related projects will be completed having capacity of 216 MW and will generate Rs.1137 million revenue every year.

The Chief Minister stated that out of the 332 mini hydel power projects, 280 have been completed which would benefit 90,000 local households.

The Chief Minister furthered that 672 additional mini hydel power projects are also being established which will generate 55 MW electricity that will directly benefit 200,000 households.

The meeting was briefed in details regarding the one year performance of the Energy & Power department, projects under construction, projects already completed and federal government related issues in the implementation of new projects related to energy sector.

Detail deliberations were also held on exemption of PEDO from income tax, finalization of wheeling regime to industrial consumers of the province, inclusion of Provincial energy related projects in the national generation plan, inclusion of energy projects in the framework of CPEC, representation of provincial members in PESCO, AEDB, CCPA-G and NTDC and provision of gas to Kohat Division.

The meeting agreed with the need to resolve these issues on priority basis and decided to convene a high level meeting including representation from the federal government to sort out bottlenecks in the speedy implementation of these programs.

The meeting was informed that the provincial government intends to establish 17 hydel power projects with generating capacity of 3000 MW in District Chitral, Swat and Dir.

Furthermore, the provincial government, with the cooperation of donor organizations, has planned four new projects including Balakot hydro power project, Barikot, Patrik Sheringil and Gabral Kalam hydro projects which will be completed by the year 2025 at an estimated cost of $ 1233 million.

The meeting was informed that work on the mentioned projects will be initiated during the current year and is expected to generate Rs.17860 million per year, once completed.

The meeting was also briefed on the five energy related projects that have already been included in CPEC which have 961 MW electricity generating capacity whereas the work on including six additional projects in CPEC with 1243 MW electricity generating capacity is under progress.

With regards to newly merged Tribal District, the meeting was informed that the work on 10.5 MW project in Chapri Charkhel area of newly merged Tribal District Kurram will be initiated in 2020 and will be completed in four years time with an estimated cost of Rs. 4.5 billion.

It was also revealed in the meeting that feasibility study for generation capacity of hydro power in the newly merged Districts is being carried out that would cost Rs. 150 million.

The meeting was further told that during the campaign against electricity theft in the province, 2056 FIRs have been lodged, 560 person arrested and Rs.1128.8 million as arrears have been recovered.

The meeting was also attended by Prime Minister’s Adviser on Establishment Arbab Shehzad, PTI Central Leader Jehangir Khan Tareen, Minister for Finance Taimur Saleem Jhagra, Adviser to CM on energy Hamayatullah Khan, Adviser to CM on merged Districts Ajmal Wazir, Additional Chief Secretary Shehzad Bangash, Principal Secretary to CM Shahab Ali Shah and other related officials.

 

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