PM Nawaz directs timely completion of power projects

PakistanPM Nawaz directs timely completion of power projects

ISLAMABAD, Pakistan: Prime Minister Muhammad Nawaz Sharif Monday directed timely completion of different ongoing power projects across the country and said he would personally monitor the progress to ensure it.

Chairing meeting of Cabinet Committee on Energy here at the PM House, the Prime Minister said significant addition of power to the national grid would minimize load-shedding. He said increased power generation would also contribute to economic growth through increased industrial activity.

Federal Secretary Water and Power briefed the meeting that the year 2015 remained most stable as well as the best period for generation of power during the last ten years due to lowest line losses in terms of technicalities and recovery.

There was 5.8% reduction in the line losses during the Year due to better monitoring and robust strategy to eliminate corruption and leakages, the Secretary told the meeting.

The Prime Minister was informed that there was an increase of Rs. 51 billion in recoveries while Rs.10 billion were saved due to decrease in line losses.

Secretary Water and Power said due to better generation cost and monitoring Rs. 57 billion were saved.

The meeting was informed that fuel stocks in the country were in excellent shape; peak generation of power was 17000 MWs last year as a result of better efficiency and management.

He said year 2015 was the only year that witnessed the start of facilitation to new IPPs that would generate 12000 MWs of electricity.

The Prime Minister was briefed about timeline of different power projects to be completed by end of 2016 and those that would be operational by end of 2017.

The meeting was assured of active and available 9090 MWs addition to the National Grid by the winters of 2017.

The meeting was attended by Minister for Finance Muhammad Ishaq Dar, Chief Minister Punjab Muhammad Shahbaz Sharif, Minister for Petroleum Shahid Khaqan Abbasi, Minister for Planning Ahsan Iqbal, Minister for Railways Khawaja Saad Rafique, Minister for Water & Power Khawaja Muhammad Asif and senior officials.

Source: APP

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

Bushra Bibi leveled serious charges against Saudi Arabia

0
Monitoring Desk: The former First Lady of Pakistan Bushra Bibi has leveled a serious allegation against a brotherly Muslim country in her recent video...
US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

US reopens Kyiv embassy after warning issued following big Ukrainian strike on Russia

0
Monitoring Desk: The United States reopened its embassy in Kyiv after it had shut for the day due to what Washington called the "threat...
Moscow says it won’t allow US to silence UNSC on Israeli violence against Palestinians Monitoring Desk: Russian envoy in United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability and prosperity to the Middle East and Russia would not allow United States to silence UNSC over the issue of Gaza crisis. According to TASS news Agency, Nebenzya said that Moscow will continue to call for an end to violence against Palestinians and will not allow the US to muzzle the UN Security Council as Washington seeks to support Israel's operation in Gaza. "We will continue to stand firmly for ending violence against the Palestinians. Without a shadow of a doubt, we will continue to expose the abuses and sanctimony with which the US is handling the situation. We will not allow the Americans to gag the entire council with their hands in an effort to encourage further continuation of Israel's ruthless operation," he said in a speech at the Security Council.

Moscow won’t allow the US to silence the UNSC on Israeli violence against Palestinians

0
Monitoring Desk: Russian envoy to the United Nations Vasily Nebenzya said that the UN Security Council should bring peace, stability, and prosperity to the...

From Valdai to Margalla Dialogue —- All roads to Civilisations go through Islamabad

0
By Shazia Anwer CheemaThe emergent realities of global security are fundamentally transforming the frame of references and trajectorial approaches toward them. New security architecture...

12 more men in uniform embraced martyrdom for the motherland in Pakistan

0
Monitoring Desk: 12 more men in uniform embraced martyrdom for the motherland in Pakistan, said Inter Service Public Relations (ISPR) of the Pakistan Army.On...
Advertisement