Govt allocates Rs67bn for clean energy in budget FY26

News Image

By MG News | June 10, 2025 at 08:08 PM GMT+05:00

0:00

June 10, 2025 (MLN): In a strategic move to address climate change and transition towards sustainable energy, the federal government has allocated Rs67.2 billion for clean, renewable, and hydropower projects in the Budget 2025–26.

The Finance Minister announced that a significant portion of this allocation will be directed towards renewable energy initiatives, including Rs20bn for the 2,160 MW Dasu Hydropower Project Phase-1 and Rs35.7bn for the Mohmand Hydropower Project.

Additionally, Rs3bn will be designated for five hydropower schemes in Azad Jammu and Kashmir and Gilgit Baltistan.

Prioritizing water conservation, the government has earmarked Rs133bn for water resource development, including Rs32.7bn for the Diamer Basha Dam and Rs4.4bn for the installation of a telemetry system on the Indus Basin.

These measures aim to enhance water management and mitigate the impacts of climate change.

By reinforcing hydropower and water conservation efforts, the budget underscores Pakistan's commitment to environmental sustainability and long-term climate resilience.

 Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 130,799.48
264.54M
0.35%
455.45
ALLSHR 81,344.24
845.80M
0.40%
320.26
KSE30 40,001.43
105.83M
0.23%
93.17
KMI30 190,735.52
139.65M
0.63%
1200.52
KMIALLSHR 55,070.55
468.57M
0.52%
286.89
BKTi 34,723.88
26.50M
-0.62%
-216.86
OGTi 28,713.60
21.13M
1.48%
417.55
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 110,660.00 110,965.00
109,200.00
375.00
0.34%
BRENT CRUDE 68.47 69.00
68.32
-0.64
-0.93%
RICHARDS BAY COAL MONTHLY 97.50 0.00
0.00
-0.75
-0.76%
ROTTERDAM COAL MONTHLY 109.20 0.00
0.00
0.20
0.18%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.80 67.50
66.65
-0.65
-0.96%
SUGAR #11 WORLD 15.85 15.90
15.44
0.27
1.73%

Chart of the Day


Latest News
July 03, 2025 at 02:53 PM GMT+05:00

PM reviews progress on cashless economy plans


July 03, 2025 at 02:12 PM GMT+05:00

Ghani Global secures SECP approval for share issuance


July 03, 2025 at 01:26 PM GMT+05:00

Banks raise ATM withdrawal fee to Rs35


July 03, 2025 at 12:57 PM GMT+05:00

SBP mandates biometrics for wallet cash



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg