Govt pays Rs 205 bln to KPK under net hydel profit head

February 9, 2020: The government has paid Rs 205 billion out of a total of Rs 248 billion to Khyber-Pakhtunkwa under the head of net hydel profit.

 Amount of Rs 43 billion was still pending which would be cleared shortly, sources told on APP on Tuesday

They said WAPDA was regularly paying a net hydel profit to KPK. Net hydel profit was paid to the province on time, they added.

Regarding royalty, they said it was paid to the respective provincial government and it was a provincial subject and discretion.

Around 60 percent of areas of Warsak dam were located in Mohmand and 40 percent in Khyber erstwhile FATA agencies, they said.

Regarding the country’s water storage capacity, they said that that the total water storage capacity was 15.7 Million Acre Feet (MAF) in 1976 which had been depleted to 13.6 MAF due to sedimentation in dams.

Around 70 percent of water came in the rivers during the months of June, July, and August every year but a major chunk of water was going to waste due to insufficient water storage in the country, they said.

They said around 29 MAF went downwards Kotri unutilized every year.

However, they said the construction of Mohmand and Diamer Basha dams would help enhance water storage capacity in the country.

APP

 

Posted on: 2021-02-09T18:22:00+05:00

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