What's new

150 billion dollars investment planned under vision 2030 in energy sector

alamgir

FULL MEMBER
Joined
Dec 23, 2006
Messages
380
Reaction score
0
150 billion investment planned under Vision 2030 in energy sector


ISLAMABAD (updated on: December 31, 2006, 17:52 PST): The government has planned an investment of 150 billion dollars under the Vision 2030 to ensure additional power generation of 1,43310 Megawatt by the end of 2030 to meet energy requirements due to fast growing economy.

Under this plan, the government will invest two billion dollars annually while private sector is expected to invest four billion dollars per annum.

Major focus would be on enhancing Hydel power generation as the country has a potential of about 41722 megawatt electricity while it is generating only 6595 MW at present.

The government besides concentrating on enhancing Hydro power generation has also planned to establish power generation units based on coal, furnace oil and gas to meet growing energy requirements.

Under the Vision 2030, the provinces will also work for promoting public private partnership by engaging them building power generation units on major Canals at about eight hundred sites, which will generate over seven hundred MW electricity.
 

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom