Government aims to end load shedding by launching a series of energy products: Aftab

News Image

MG News | June 07, 2017 at 01:26 PM GMT+05:00

0:00

Federal Minister for Ministry of Parliamentary Affairs Sheikh Aftab Ahmed has said that the government initiated a number of hydel, solar and thermal projects to eliminate power load-shedding by next year.

Talking to Radio Pakistan, he said, “Prime Minister Nawaz Sharif after coming into power in 2013 vowed to bring Pakistan out of darkness and eliminate load-shedding from the country by all means.”

He said, “The Prime Minister was the man of commitment and we should believe in his efforts to overcome energy shortage.”

Energy expert, Dr. Gulfaraz also said, “The government was mainly focusing on hydel power projects in order to produce cheap electricity.”

He said, “The government should also focus on the construction of new dams to store water for this purpose. The government had signed agreements with Qatar for the import of Liquefied Natural Gas (LNG) that was another source to produce cheap electricity.” 

He said, “Three power plants including Haveli Bahadur Shah, Bhikki were near completion and these power plants would add about 3600 MW electricity in the national grid station.”

Economist Dr. Abid Qayyum Sulehri said, “The incumbent government had initiated a number of development projects related to improvement in infrastructure through China Pakistan Economic Corridor project (CPEC).”

He said, “CPEC was a game changer project that was proving a golden opportunity for the local and foreign investors to invest in development projects.”

To a question, he said, “Environmental changes had badly affected Pakistan and its agriculture sector. But this sector had improved to a great extent due to efforts of the government.

Related News

Name Price/Vol %Chg/NChg
KSE100 174,472.80
415.89M
0.33%
576.45
ALLSHR 104,651.34
842.56M
0.49%
512.09
KSE30 53,490.51
167.58M
0.40%
214.40
KMI30 249,663.89
207.53M
0.51%
1277.01
KMIALLSHR 68,039.48
418.05M
0.42%
287.19
BKTi 48,368.14
50.33M
0.46%
219.70
OGTi 34,867.38
19.89M
1.69%
580.53
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 89,180.00 89,205.00
88,525.00
920.00
1.04%
BRENT CRUDE 61.27 61.33
61.16
-0.06
-0.10%
RICHARDS BAY COAL MONTHLY 86.75 0.00
0.00
-0.10
-0.12%
ROTTERDAM COAL MONTHLY 96.75 96.75
96.30
0.45
0.47%
USD RBD PALM OLEIN 1,027.50 1,027.50
1,027.50
0.00
0.00%
CRUDE OIL - WTI 57.89 57.96
57.79
-0.06
-0.10%
SUGAR #11 WORLD 14.86 15.26
14.80
-0.40
-2.62%

Chart of the Day


Latest News
December 31, 2025 at 08:16 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


December 30, 2025 at 06:05 PM GMT+05:00

Banks to extend hours on Dec 31 for tax payments


December 30, 2025 at 04:54 PM GMT+05:00

Pakistan’s GDP rises 3.71% in Q1FY26


December 30, 2025 at 04:34 PM GMT+05:00

CCP steps up crackdown on deceptive marketing in 2025


December 30, 2025 at 04:33 PM GMT+05:00

Banks, SBP closed to public on January 1



Top 5 things to watch in this week

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