AGL 36.51 Decreased By ▼ -1.49 (-3.92%)
AIRLINK 216.01 Increased By ▲ 2.10 (0.98%)
BOP 9.46 Increased By ▲ 0.04 (0.42%)
CNERGY 6.59 Increased By ▲ 0.30 (4.77%)
DCL 8.50 Decreased By ▼ -0.27 (-3.08%)
DFML 40.90 Decreased By ▼ -1.31 (-3.1%)
DGKC 99.48 Increased By ▲ 5.36 (5.69%)
FCCL 36.48 Increased By ▲ 1.29 (3.67%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 17.17 Increased By ▲ 0.78 (4.76%)
HUBC 126.25 Decreased By ▼ -0.65 (-0.51%)
HUMNL 13.35 Decreased By ▼ -0.02 (-0.15%)
KEL 5.24 Decreased By ▼ -0.07 (-1.32%)
KOSM 6.71 Decreased By ▼ -0.23 (-3.31%)
MLCF 44.24 Increased By ▲ 1.26 (2.93%)
NBP 60.50 Increased By ▲ 1.65 (2.8%)
OGDC 222.49 Increased By ▲ 3.07 (1.4%)
PAEL 40.60 Increased By ▲ 1.44 (3.68%)
PIBTL 8.16 Decreased By ▼ -0.02 (-0.24%)
PPL 191.99 Increased By ▲ 0.33 (0.17%)
PRL 38.60 Increased By ▲ 0.68 (1.79%)
PTC 27.00 Increased By ▲ 0.66 (2.51%)
SEARL 103.50 Decreased By ▼ -0.50 (-0.48%)
TELE 8.62 Increased By ▲ 0.23 (2.74%)
TOMCL 34.86 Increased By ▲ 0.11 (0.32%)
TPLP 13.60 Increased By ▲ 0.72 (5.59%)
TREET 24.99 Decreased By ▼ -0.35 (-1.38%)
TRG 71.99 Increased By ▲ 1.54 (2.19%)
UNITY 33.33 Decreased By ▼ -0.06 (-0.18%)
WTL 1.72 No Change ▼ 0.00 (0%)
BR100 11,987 Increased By 93.1 (0.78%)
BR30 37,178 Increased By 323.2 (0.88%)
KSE100 111,351 Increased By 927.9 (0.84%)
KSE30 35,039 Increased By 261 (0.75%)

Federal Minister for Water and Power, Liaquat Ali Jatoi has said that federal government is fully determined to exploit maximum hydel power potential of the country and would remove all hurdles in this regard.
He stated that the country was already facing shortage of power and with the completion of 101 MW Gabral-Kalam Hydroelectric power plant on Swat River would be added in the national grid and the electricity will be available on cheaper rates.
He made these observations while chairing a meeting to resolve the issues related to Gabral-Kalam Hydroelectric power project on Swat River here on Wednesday. Secretary and Adviser, Ministry of Water and Power, Managing Director, PPIB, Home Secretary Government of NWFP, CEO Swat Hydroelectric power project and senior officials of Ministry and PPIB attended the meeting, says a press release.
The minister directed that the NWFP government should remove all bottlenecks and resolve the community issues creating hurdles for investors, enabling the sponsors to resume their work at site.
Swat Hydropower Limited Chief Executive Officer (CEO) informed the meeting about the latest position and said that the project was being politicised by some local community leaders who were creating law and order situation which caused delays of more than one year. He requested Federal and Provincial Governments to solve the problem enabling them to resume work.
Secretary (Home), Government of NWFP apprised the Minister about the measures taken so far by the provincial government in this respect and assured the meeting that every possible assistance would be provided to the sponsors of Swat Hydropower Limited.-PR

Copyright Business Recorder, 2007

Comments

Comments are closed.