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The Senate Standing Committee on Finance has recommended that allocations for Chashma canal and hydro power projects in Khyber Pakhtunkhawa should be increased in budget for 2012-13. The Senate Standing Committee on Finance meeting chaired by Mrs Nasreen Jalil on Monday recommended that allocation for Chashma right left canal should be increased to Rs 6 billion for the next fiscal year with Rs 3 billion each by the Federal and Provincial government.
The committee recommended that an amount of Rs 1 billion may be allocated for Kurram Tangi Dam in budget 2012-13. The meeting was informed that an amount of Rs 440 million was required during financial year 2011-12 but the government allocated only Rs 100 million for that purpose. This project will be delayed if appropriate amount is not made available for the projects whose completion would generate 85 MW power and would irrigate 366,000 acre land.
The committee also recommended that an appropriate amount may be allocated for Munda Dam project in budget 2012-13.This project would generate 740 MW electricity and 100,000 acres land will be irrigated by this dam. Engineering, design and PC-1 of the dam have been completed. The Senate Standing Committee also recommended allocation of sufficient funds for acquisition of land for Suki Kinari Dam, Mansehra, which would generate 840MW electricity. The committee recommended that sufficient amount should be allocated for Dasu Dam. The completion of the project would produce 3500MW electricity so that the work on this project should be expedited.

Copyright Business Recorder, 2012

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