development projects

Rs 46.868 billion released for Power Division projects

Power Division

The government has released an amount of Rs 46,868.33 million against the allocation of Rs 69,485.05 million for different power division schemes under the Annual Public Sector Development Programme (PSDP) during the financial year 2021-22.

According to the Planning Commission data, Rs 69,485.05 million has been specified under PSDP-2021-22 for several power projects with Rs 40,174 million foreign aid components.

Likewise, the government has set aside a sum of Rs 83,101.262 million for different ongoing and new projects in the power sector in the annual Public Sector Development Programme (PSDP) for years 2022-23.

From the total allocation, the local component stood at Rs 62,327.835 million whereas the foreign component worth Rs 20,773.427 million. The recent details show that so far an amount of Rs 39,650.97 million has been spent on various Power Division projects. An amount of Rs 34,591.97 million as foreign aid has also been spent during the said period.

Read more: Govt to generate 5,000 MW solar energy to scale down power tariff by 20%

Moreover,  Rs 22,000 million was allocated for the installation of 2,600MW Coal Fire Power Plant, Rs 8,500 million for evacuation of power from 2160MW Dasu Hydro Power Project, Rs 5,500 million for evacuation of power from Suki Kinari Hydro Power Project, Rs 2,282 million for evacuation of power from Tarbela 5th Extension, Rs 5,933 million for 500KV Islamabad West (NTDC), Rs 1,700 million for evacuation of power from 1224 MW wind Power Plants (Jhimpir), Rs 1,400 million from development in transmission capacity of NTDC system, Rs 1,200 million to build new 220 KV Guddu-Sibbi Single Circuit, Rs 2,600 million for 500 kV HVDC Transmission System (CASA-1000), Rs 2,350 million for 500 KV Faisalabad New (NTDC), Rs 1,500 million for 500 kV Lahore North and Rs 1,500 million for enhancement of NTDC’s Telecommunication.

Similarly, a sum of Rs 5,000 million was earmarked for Interconnection of Isolated Makran Network (QESCO), Rs 2,000 million for 220 KV Dera Ismail Khan-Zhob Transmission line, Rs 1,000 million for 20 Kv Swabi sub-division, Rs 1,300 million for 220 KV Mirpur Khas Grid Station Rs 2,500 million for 220-KV Mastung, and Rs 640 million for 500/220 KV Sialkot Substation.

Under the new scheme, an amount of Rs 3,000 million was earmarked for 500KV Allama Iqbal Industrial City, Rs 6,600 million for secondary transmission lines (SPECO), Rs 5,200 million for secondary transmission lines and grid station (HESCO), and an amount of Rs 1,010 million for power distribution up-gradation (Advance Metering Infrastructure Project (IESCO).

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