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.