What's new

Rs 260 billion for power projects in next budget

dawn_news

BANNED
Joined
Mar 22, 2014
Messages
1,530
Reaction score
-4
Country
Pakistan
Location
Pakistan
ISLAMABAD: The federal government is planning to focus on energy projects in the budget for the upcoming financial year 2014-15 to overcome energy crisis in the country.

Sources told on Sunday that the government has decided to allocate a huge amount of Rs 260 billion in the federal budget for 2014-15 to initiate several new energy generation projects, besides expediting work to complete the ongoing electricity infrastructure schemes.

The new energy projects for which funds are likely to be allocated in the upcoming budget include Diamer Bhasha Dam and Dasu Hydropower Project. Both the projects are estimated to generate over eight thousand megawatts of electricity. The work on 969 megawatt Neelum-Jhelum Hydropower Project will also be expedited in the next financial year.

Similarly special allocation is being made for up-gradation of electricity generating units at Mangla Dam. The up-gradation will add 310 megawatts of electricity to the national grid.

The sources said that the government has also decided to launch Tarbela Dam fourth extension hydropower project in the next financial year, which is likely to generate 2800 megawatts of electricity.

Special allocations will be made to complete 7,100-megawatt Bunji Hydropower Project in Gilgit-Baltistan and Golan Gol Hydropower Project in Chitral. The hydropower projects will generate cheap electricity, providing relief to the inflation-hit people.

Rs 260 billion for power projects in next budget - PakTribune

Good going, seem like Ganjas are very serious about Basha, Dasu and Bunji dams! Also there is typo, they meant Tarbela 5th extension which combined with 4th extension will produce extra 2800mw.
 
.
Another interesting fact from today briefing. Pakistan subsidies in power sector from 2003-2013 were $17 billion dollars! More then enough to build Basha dam!
 
.
Another interesting fact from today briefing. Pakistan subsidies in power sector from 2003-2013 were $17 billion dollars! More then enough to build Basha dam!

well thats just a portion of the corruption scale

but

we are currently drowning in loans......I only wonder how would we cover up such amounts

are we getting something from what we invest in the first place....if we are not then is the police/security/etc capable to capture such people and prosecute them according to the law !!!!!!
 
.

Pakistan Defence Latest Posts

Pakistan Affairs Latest Posts

Back
Top Bottom