PM initiates 100MW solar project to address GB's 18-hour power crisis

News Image

MG News | December 27, 2024 at 09:49 AM GMT+05:00

December 27, 2024 (MLN): Gilgit-Baltistan (GB) is set to receive the installation of a 100 MW solar power plant, as directed by Prime Minister Shehbaz Sharif, to address 18-hour power outages, which are causing public frustration and discouraging investment.

The aforementioned discussion was held during a meeting chaired by the Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, as per the press release issued.

Ahsan Iqbal emphasized the severe electricity crisis in GB, terming the situation as “criminal negligence.”

The minister shared that during his recent visit to China, he invited Chinese companies to invest in solar projects in GB.

He directed the Power Division to prioritize solar energy solutions, ensure a transparent bidding process, and prepare a detailed timeline for implementation.

He emphasized the viability of solar energy as an off-grid solution for the region and instructed the inclusion of the solar project in the PC-1 document.

He also called for a comprehensive strategy to ensure the timely completion of ongoing energy projects under the Public Sector Development Program (PSDP).

The meeting lauded the early completion of the 16 MW Naltar Hydropower Project as a key step in addressing the region’s energy challenges.

Key officials, including the Chief Secretary of Gilgit-Baltistan and senior representatives from the Ministry of Planning and Energy, attended the meeting.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 169,629.44
138.25M
-0.41%
-701.12
ALLSHR 102,523.85
698.64M
-0.25%
-252.15
KSE30 50,510.85
61.65M
-0.45%
-226.30
KMI30 242,269.34
55.99M
-0.38%
-933.50
KMIALLSHR 66,565.32
342.63M
-0.07%
-48.88
BKTi 46,081.42
21.33M
-0.50%
-231.77
OGTi 34,864.74
2.30M
-0.58%
-202.06
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 61,370.00 62,095.00
60,790.00
-800.00
-1.29%
BRENT CRUDE 91.45 93.26
90.77
0.00
0.00%
RICHARDS BAY COAL MONTHLY 123.75 0.00
0.00
0.75
0.61%
ROTTERDAM COAL MONTHLY 132.50 134.20
132.50
-0.45
-0.34%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 88.21 90.00
87.39
0.01
0.01%
SUGAR #11 WORLD 13.93 14.10
13.90
-0.15
-1.07%

Chart of the Day


Latest News
June 10, 2026 at 02:57 PM GMT+05:00

World Bank mission reviews SRMP progress in Sindh


June 10, 2026 at 02:34 PM GMT+05:00

Samsung tops global chip investment race


June 10, 2026 at 02:13 PM GMT+05:00

AI development races ahead of global calls for pause


June 10, 2026 at 01:47 PM GMT+05:00

Gold price in Pakistan falls Rs12,627 per tola


June 10, 2026 at 01:02 PM GMT+05:00

SBP eases rules for Islamic Banking Windows



Top 5 things to watch in this week

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