AIRLINK 196.38 Increased By ▲ 4.54 (2.37%)
BOP 10.11 Increased By ▲ 0.24 (2.43%)
CNERGY 7.75 Increased By ▲ 0.08 (1.04%)
FCCL 38.10 Increased By ▲ 0.24 (0.63%)
FFL 15.74 Decreased By ▼ -0.02 (-0.13%)
FLYNG 24.54 Decreased By ▼ -0.77 (-3.04%)
HUBC 130.38 Increased By ▲ 0.21 (0.16%)
HUMNL 13.73 Increased By ▲ 0.14 (1.03%)
KEL 4.60 Decreased By ▼ -0.07 (-1.5%)
KOSM 6.19 Decreased By ▼ -0.02 (-0.32%)
MLCF 44.85 Increased By ▲ 0.56 (1.26%)
OGDC 206.51 Decreased By ▼ -0.36 (-0.17%)
PACE 6.58 Increased By ▲ 0.02 (0.3%)
PAEL 39.77 Decreased By ▼ -0.78 (-1.92%)
PIAHCLA 17.20 Decreased By ▼ -0.39 (-2.22%)
PIBTL 7.99 Decreased By ▼ -0.08 (-0.99%)
POWER 9.20 Decreased By ▼ -0.04 (-0.43%)
PPL 178.91 Increased By ▲ 0.35 (0.2%)
PRL 38.93 Decreased By ▼ -0.15 (-0.38%)
PTC 24.31 Increased By ▲ 0.17 (0.7%)
SEARL 109.27 Increased By ▲ 1.42 (1.32%)
SILK 1.00 Increased By ▲ 0.03 (3.09%)
SSGC 37.75 Decreased By ▼ -1.36 (-3.48%)
SYM 18.83 Decreased By ▼ -0.29 (-1.52%)
TELE 8.53 Decreased By ▼ -0.07 (-0.81%)
TPLP 12.14 Decreased By ▼ -0.23 (-1.86%)
TRG 64.76 Decreased By ▼ -1.25 (-1.89%)
WAVESAPP 12.11 Decreased By ▼ -0.67 (-5.24%)
WTL 1.64 Decreased By ▼ -0.06 (-3.53%)
YOUW 3.87 Decreased By ▼ -0.08 (-2.03%)
BR100 12,000 Increased By 69.2 (0.58%)
BR30 35,548 Decreased By -112 (-0.31%)
KSE100 114,256 Increased By 1049.3 (0.93%)
KSE30 35,870 Increased By 304.3 (0.86%)
Print Print 2020-02-15

KP government, Pesco agree to provide cheap power to industries

The provincial government of Khyber Pakhtunkhwa and Peshawar Electric Supply Company (PESCO) have agreed in principles for provision of the 18MW cheap electricity of the Pehur Hydel Power Station on wheeling model to industries.
Published 15 Feb, 2020 12:00am

The provincial government of Khyber Pakhtunkhwa and Peshawar Electric Supply Company (PESCO) have agreed in principles for provision of the 18MW cheap electricity of the Pehur Hydel Power Station on wheeling model to industries.

A formal agreement in this regard would be signed in Chief Minister's House next week. Under the agreement, the cheap electricity of the project would be provided to Gadoon Textile Mills, A J Textile Mills, Chip Board Industries, Cherat Cement and other industries.

This was stated by Advisor to KP CM on Energy and Power Himayatullah Khan while addressing a meeting of the Board of Directors (BoD) of the PESCO here on Friday. Beside, Chairman PESCO Board Mohammad Zulfikar Khan, Chief Executive Officer (CEO), PESCO Mohammad Amjad Khan, Director Board, Dildar, Secretary Energy and Power, Mohammad Zubair Khan and other authorities attended the meeting.

During the meeting, the Board of Directors of PESCO formally gave approval to the Pehur Wheeling Model.

Addressing the meeting, the Advisor to KP CM termed the step a revolutionary step towards the promotion of industrialization, investment and provision of employment in the province. He said that keeping in view the priority of the government, the Energy and Power Department is progressing towards the achievement of the assigned targets.

Copyright Business Recorder, 2020

Comments

Comments are closed.