AGL 40.25 Increased By ▲ 0.25 (0.63%)
AIRLINK 130.75 Increased By ▲ 1.22 (0.94%)
BOP 6.81 Increased By ▲ 0.13 (1.95%)
CNERGY 4.61 Decreased By ▼ -0.02 (-0.43%)
DCL 8.97 Increased By ▲ 0.03 (0.34%)
DFML 43.30 Increased By ▲ 1.61 (3.86%)
DGKC 84.02 Increased By ▲ 0.25 (0.3%)
FCCL 33.05 Increased By ▲ 0.28 (0.85%)
FFBL 77.70 Increased By ▲ 2.23 (2.95%)
FFL 11.75 Increased By ▲ 0.28 (2.44%)
HUBC 110.80 Increased By ▲ 0.25 (0.23%)
HUMNL 14.56 No Change ▼ 0.00 (0%)
KEL 5.64 Increased By ▲ 0.25 (4.64%)
KOSM 8.28 Decreased By ▼ -0.12 (-1.43%)
MLCF 39.80 Increased By ▲ 0.01 (0.03%)
NBP 61.00 Increased By ▲ 0.71 (1.18%)
OGDC 200.30 Increased By ▲ 0.64 (0.32%)
PAEL 26.63 Decreased By ▼ -0.02 (-0.08%)
PIBTL 7.79 Increased By ▲ 0.13 (1.7%)
PPL 159.77 Increased By ▲ 1.85 (1.17%)
PRL 26.80 Increased By ▲ 0.07 (0.26%)
PTC 18.65 Increased By ▲ 0.19 (1.03%)
SEARL 83.25 Increased By ▲ 0.81 (0.98%)
TELE 8.17 Decreased By ▼ -0.14 (-1.68%)
TOMCL 34.40 Decreased By ▼ -0.11 (-0.32%)
TPLP 9.13 Increased By ▲ 0.07 (0.77%)
TREET 17.00 Decreased By ▼ -0.47 (-2.69%)
TRG 59.99 Decreased By ▼ -1.33 (-2.17%)
UNITY 27.95 Increased By ▲ 0.52 (1.9%)
WTL 1.42 Increased By ▲ 0.04 (2.9%)
BR100 10,563 Increased By 156.4 (1.5%)
BR30 31,988 Increased By 274.4 (0.87%)
KSE100 98,470 Increased By 1141.4 (1.17%)
KSE30 30,648 Increased By 455.8 (1.51%)

Punjab must exploit its hydel potential to meet its growing needs of electricity by installing small generation units at barrages and canals sprawling throughout this province, said Mian Tanveer Ahmed Senior Vice President Faisalabad Chamber of Commerce & Industry (FCCI).
Talking to a 5-member delegation of the Punjab Power Developments Board (PPDB), he told that historically the name of Punjab was derived from five rivers while a comprehensive canal system was also laid down to irrigate its fertile lands in every nook and corner of the Plateau.
He said that industrialists as well as business concerns should concentrate on self generation in order to reduce their dependence of Pepco as huge transmission losses have been reported during dispatch of electricity from generation units to major load centers of this province.
"This objective could be achieved by installing small hydel units in existing barrages and canals adjacent to the major industrial units", he said and appreciated the new scheme conceived by the PPDB. He hoped that government will incentivize industrial units along barrages and perennial canals to avail from this scheme.
He said that Punjab is the biggest province of Pakistan as regards population. "It is also hub of industrial and commercial activities which are contributing 60 percent share towards total GDP of Pakistan", he said and added that Faisalabad is expecting a new spell of industrialization in the wake of CPEC and efforts must be expedited to encourage socio-economic activities.

Copyright Business Recorder, 2019

Comments

Comments are closed.