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Govt allocates Rs19.35bn for power sector schemes

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December 05, 2023 (MLN): The government has released an amount of Rs19.35 billion for various power sector NTDC/PEPCO schemes under the annual Public Sector Development Programme (PSDP) so far in the current fiscal year 2023-24.

According to the official data issued by the Planning Commission, the government has specified a sum of Rs55.29bn for various NTDC/PEPCO projects in PSDP 2023-24.

Out of the total release amount, the local component stood at Rs10.37bn while the foreign aid component was Rs8.97bn.

A sum of Rs2.25bn has been spent on various water-related projects so far.

Under ongoing schemes, an amount of Rs12bn has been allocated for Installation of 2×600 MW coal-fired power project GENCO-1 Jamshoro, Rs2.54bn for interconnection of isolated Makran Network, Rs1.6bn each for 220kV Hairpur Substation, 220kV Swabi Substation, Rs1.2bn for 500kV Allama Iqbal Industrial City for 600 MW Demand of the Special Economic Zone.

Further, Rs1.06bn for replacement of LT Bare conductor with ABC Cable in Peshawar Khyber Circle and Bannu Circle, Rs1.44bn for 220/132 Kv GIS substation Dhabiji, Rs964 million for electrification works at different valleys of District Chitral and Rs900m for 220 kV Quaid-e-Azam Apparel and Business Park have been allocated in the PSDP for FY24.

Similarly, a sum of Rs13.80bn has been specified for evacuation of power from Suki Kinari, Kohala, Mahal HPPs, Rs5.67bn for evacuation of power from 2160 MW Dasu stage-1, Rs16.10bn for 500 kV HVDC Transmission System between Tajikistan and Pakistan (CASA-1000), Rs3.90bn for 500KV Lahore North, Rs2.32bn for Upgradation of NTDC’s Telecommunication.

In addition, PSDP also set aside Rs7bn for augmentation of existing 500kV and 220 kV grid stations, Rs3bn for power distribution enhancement investment programme-II (Advance Metering Infrastructure Project), Rs950m for evacuation of power from 1,224 MW wind power plants at Jhamir and others ongoing projects.

Under new schemes, Rs2.66bn has been allocated for Land acquisition for the installation of a 1200 MW Solar Power Plant at Sher Garh (Layyah), Rs1.13bn for land acquisition for the installation of a 600 MW Solar Power Plant at Tehsil Athara Hazari (Jhang), Rs1.90bn for 500 KV Islamabad West, Rs1bn each for electricity distribution efficiency improvement projects in MEPCO and HESCO.

Meanwhile, under the same program Rs1.3bn for augmentation of 2×160 MVA transformers with 2×250 MVA Yousafwala, Rs639m for Installation of wide area monitoring system and Rs500m for 220kV Na Shah Grid Station have been allocated.

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Posted on: 2023-12-05T12:23:51+05:00